SIM LIM SQUARE: Rochor Commercial | Details & Reviews

Sim Lim Square

Details

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*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on 3rd-party rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Description

Sim Lim Square is a leasehold (99 yrs from 1983) commercial property completed in 1987. The development occupies a land area of 7,719 sqm and a Gross Floor Area of 32,421 sqm.

SIM LIM SQUARE is located along Rochor Canal Road in Rochor, in District 7. It is accessible through the nearest MRTs including Rochor DT13 and Jalan Besar DT22. Other nearby amenities include: 3 Childcare Centre(s): LIFE CHILD CARE CENTRE, LAVENDER MEADOWS ACADEMY PTE. LTD., PAT'S SCHOOLHOUSE PTE. LTD., and 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, JEWISH WELFARE BOARD, SINGAPORE, THE, SHENG SIONG SUPERMARKET PTE LTD, and 3 Kindergarten(s): Kampong Kapor Methodist Church Kindergarten, Foochow Methodist Church Kindergarten, PCF SPARKLETOTS PRESCHOOL @ KAMPONG GLAM Blk 462 (KN), and 3 Shopping Mall(s): SIM LIM SQUARE, ALBERT COMPLEX, THE VERGE.

Based on transaction data in the last 12 months, the highest recorded transaction was S$ 3,603 psf in May 2022 for a 355 sqft unit for Office, S$ 3,014 psf in Jul 2022 for a 344 sqft unit for Shop. Its lowest recorded transaction was S$ 3,603 psf in May 2022 for a 355 sqft unit for Office, S$ 1,858 psf in Feb 2022 for a 624 sqft unit for Shop.

Buyers and tenants are attracted to District 7, which consists of Beach Road, Bugis, the Golden Mile, Middle Road and Rochor areas. Most of the properties in this district are commercial properties with a small selection of residential properties. Home buyers looking for Bugis properties can choose from a small selection of HDB flats off Middle Road, at Bras Basah Complex and at Rochor Centre. The private residential properties at Bugis are similarly scarce, with projects such as Duo Residences and Midtown Modern witnessing strong demand. Shopping and dining options abound in District 7, with many malls in the area including Bugis Junction and Bugis+. Many hotels such as the Intercontinental Singapore, Carlton Hotel and Raffles Hotel are located within the district or in close proximity to cater to tourists visiting the region.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.

What they say

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"Varieties of Products: Price Range: Service: Waiting Time: Electronic items heaven in Singapore. A must to go if you're looking for any electronic items at an affordable price. You would be able to sell off some of your items here too. Some offers the latest masterpiece while some the old legendary games such as Nintendo."

A*****

Google Review | 27 Jun 2022

"I came just to have a meal. To my knowledge, only the first floor has many shops open. The place is not as crowded as i used to remember, maybe because many people are buying online nowadays. Also quite difficult to find the wheelchair access entrance to the building."

M*** K

Google Review | 26 Jun 2022

"If you with some true IT knowledge, don't come, they won't serve you.They know they are hard to earn your money. If you just want to see see around, don't expect they give you a good face. If you is an IT idiot, they like you, trying to push some OLD product and sell it to you. They earn your money and thier old stock was cleared, perfection."

K** Y*** W**

Google Review | 17 May 2022