11 strata retail units at Sim Lim Square for sale for $22.57m

Expression of Interest ends on 31 August, 3 pm.

A total of 11 strata retail units at electronics hub Sim Lim Square are for sale through an expression of interest with a collective price of $22.57m or around $4,440 per square foot.

In a statement, Colliers said the expression of interest closes on 31 August at 3 pm.

Sim Lim Square is located along Rochor Canal Road and is close to Rochor and Bugis MRT stations.

ALSO READ: Strata retail market sales down to 113 in H1

The 11 fully-tenanted units, the majority of which are in the IT Electronic sector, have a combined start area of 5,050 square feet.

The units are located on a single floor, with some can be combined, allowing opportunities for expansion.

Colliers added that foreigners can buy the retail units as the Sim Lim Square is zoned for commercial use, with no additional buyer’s stamp duty of seller’s stamp duty on the transaction.

Follow the link for more news on

Colliers

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia