Sim Lim Square

Eleven shops in Sim Lim Square launched for sale at S$21m

A portfolio of 11 shops at Sim Lim Square is up for sale again via expression of interest (EOI) with a guide price of S$21 million, exclusive marketing agent Knight Frank Singapore said on Thursday. The indicative price works out to about S$4,134 per square foot (psf). The shops are central podium facing units on the fifth floor of Sim Lim Square, a complex catered for electronics and IT...

11 retail shops in Sim Lim Square up for sale at S$22m

A portfoilo of 11 retail shops in Sim Lim Square is up for sale via expression of interest for S$22 million, sole marketing agent Knight Frank Singapore said on Wednesday. The total strata area of the shops is about 5,000 square feet (sq ft), with unit sizes ranging from 291 sq ft to 506 sq ft. The shops, which can be bought collectively or as individual units, face the central podium on the fifth floor...

Sim Lim Square retail mall makes second run for collective sale

Sim Lim Square retail mall is up for collective sale under a second tender, following the discovery of an extra 27 per cent built-up space. SLP International Property Consultants Pte Ltd said the mall, located at the apex of the Ophir-Rochor corridor, will be put up for collective sale via public tender on Dec 16, 2019. Built in 1985, the strata titled retail mall is a 99-year leasehold site sitting...

Sim Lim Square extends en bloc tender deadline as prospective bidders consider future hotel

Tech hub Sim Lim Square has extended the closing date for its collective sale tender by one month to give prospective bidders more time to explore the possibility of converting the commercial site into a hotel, the property’s marketing agent SLP International told CNA on Monday (Jun 24). The tender, which was meant to close on Monday, will now close at 3pm on Jul 22. Under the Urban Redevelopment...

Sim Lim Square up for en bloc sale with S$1.25b reserve price

Sim Lim Square on Rochor Canal Road has been put up for collective sale via public tender at a reserve price of S$1.25 billion on April 29, marketing agent SLP International Property Consultants announced on Monday. The retail strata mall, one of Singapore’s largest IT shopping centres, comprises six floors and two basements, housing 492 commercial units. It sits on a 99-year leasehold site with a...

Sim Lim Square set to launch en-bloc sale at S$1.3b after owners give go-ahead

Sim Lim Square will be put up for collective sale, after securing the requisite agreement of at least 80 per cent of its owners. The mall, located on Rochor Canal Road, will go on sale at S$1.3 billion, its sales committee head Vikas Gupta told TODAY on Wednesday (March 20) evening. He disclosed that 80.82 per cent of owners by share value and 81.43 per cent of owners by strata area voted for the...

Sim Lim Square atrium shop space up for sale

The atrium shop space at Sim Lim Square has been put up for sale by expression of interest. In a statement on Thursday, its marketing agent CBRE said the atrium shop at the ground floor of Sim Lim Square comes with a strata area of approximately 2,756 square feet. The unit attracts a high volume of shoppers due to its open concept. CBRE expects the property to attract strong interest from...

Second Chance to acquire 22 prime retail units at Sim Lim Square

Second Chance Properties has bought 22 prime units of retail space at Sim Lim Square for S$35 million, as valued by real estate consultancy Jones Lang LaSalle. The 22 units cover 9,604 square feet on the fifth floor of Sim Lim Square, which is located at Rochor Canal Road. Second Chance Properties said the units are fully tenanted to 27 retailers and the gross rental per annum stands at S$2.634 million,...

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