Sim Lim Tower

Overview

Sales

Rental

Surrounding

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Overview

Sales

Rental

Surrounding

More

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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 Tower is a freehold commercial property. The development occupies a land area of 3,781 sqm and a Gross Floor Area of 15,879 sqm.

SIM LIM TOWER is located along Jalan Besar in Rochor, in District 8. Other nearby amenities include: 3 Childcare Centre(s): LAVENDER MEADOWS ACADEMY PTE. LTD., LIFE CHILD CARE CENTRE, D'JOY CHILDREN'S CENTRE, and 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, SHENG SIONG SUPERMARKET PTE LTD, 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): ALBERT COMPLEX, SIM LIM SQUARE, FU LU SHOU COMPLEX.

Based on transaction data in the last 12 months, the highest recorded transaction was S$ 2,578 psf in Mar 2022 for a 344 sqft unit for Office, S$ 2,477 psf in Mar 2022 for a 323 sqft unit for Shop. Its lowest recorded transaction was S$ 2,072 psf in Jan 2022 for a 420 sqft unit for Office, S$ 2,048 psf in Mar 2022 for a 710 sqft unit for Shop.

Buyers and tenants are attracted to District 8, which includes Farrer Park, Little India and the area around Serangoon Road. A large proportion of Little India and Farrer Park’s properties are shophouses zoned as commercial/residential, with commercial on the ground floor and homes or apartments above. The area around Serangoon MRT is particularly well served by public transport as Serangoon MRT is an interchange between the Circle Line and North-East Line, and it is also connected to the Serangoon Bus Interchange. Additionally, Little India MRT has links to both the North-East Line and Downtown Line. The large numbers of shophouses in District 8 offers a quaint and unique boutique experience to discerning shoppers looking for a break from the generic, sprawling malls. The district's shophouses are becoming increasingly popular as investment properties, too, especially to investors looking to benefit from their relative scarcity in Singapore and their proximity to the Downtown Core.

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.
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What they say
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5
"Good shopping mall. Especially for repair hand phone in cheap price. They will fix ur hp very fast."
T**** I*******
Google Review     |   27 Jul 2022
5
"Sim Lim Tower is a commercial place and it is a tech and IT-lovers shopping paradise. The 17 floors of the mall are occupied by tenants specialising in just about everything electronic, IT, and tech. and its main use is for Office rental, sale, and other commercial purposes. The 15-floor shopping complex is about 51.04m height. It opened for business in 1980."
R***** J******
Google Review     |   21 May 2022
5
"Very good place to buy electronics. Easy transportation as it is close to MRT station."
Y******* M*
Google Review     |   16 May 2022
3
"A good place for electronic communications and components. Neon and lighting too. Clunky old building. Needless to say that it needs upgrading. Indian visa services location."
R***** R***********
Google Review     |   22 Jun 2021
3
"Only electrical shop"
V**** C********
Google Review     |   18 Sep 2020
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Sales Transaction of Jalan Besar (Limited to 10)

There are 225 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

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Rental Transactions of Jalan Besar
There are 715 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

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Listings

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thumb-images
4
$2,200,000

      • Shophouse
      • D8
      • Freehold
      • S$ 3,140 psf
      • 700 sqft
      • Jalan Besar
      Gary Go
      send_enquiry
      thumb-images
      8
      View to Offer

          • Shophouse
          • D8
          • Freehold
          • S$ 4,150 psf
          • 441 sqft
          • Jalan Besar
          Jeremiah Chua
          send_enquiry
          thumb-images
          5
          $8,000,000

              • Office
              • D8
              • Freehold
              • S$ 2,000 psf
              • 4,000 sqft
              • Jalan Besar
              Bill Singh
              send_enquiry

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              Property News

              Sim Lim Tower owners hopeful of a collective sale

              Property News

              Freehold strata office floor at Sim Lim Tower for sale at $15 mil

              Property News

              Freehold ground-floor shop at Sim Lim Tower up for sale

              FAQs about SIM LIM TOWER

              What is the nearest MRT Station to SIM LIM TOWER ?
              The nearest MRT Station from SIM LIM TOWER are Jalan Besar DT22 MRT, Rochor DT13 MRT, Bugis DT14, EW12 MRT

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