Sim Lim Square
1 Rochor Canal Road
S$ 1,300,000
Negotiable
409
sqft
S$ 3,178.48
psf
120 m (1 min) from DT13 Rochor MRT
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Property details
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About this property
High human traffic. En-bloc potential. Below Bank Valuation
- #02-XX, low floor, high human footfall.
- Size 409 sq ft.
- Ideal for beauty & massage, IT, device repair shop, audio & media services, electronics equipment showroom, storage etc.
- Currently tenanted at $2,600/mth until 31 December 2027.
- Asking $1,300,000 (negotiable)
- 99-year lease from 08/04/1983 (Balance 57 years)
- No GST
️️** WHY YOU SHOULD BUY THIS PROPERTY?
- Current resale prices at Sim Lim Square are between $3000 to $5000 psf. Our asking is only $3178 psf.
- No GST. You can buy under a company or personal name and need not worry about paying GST.
- No ABSD, SSD.
- Potential En-bloc sale at $1.6m (we have documents as proof).
- Comes with centralise air con, floor trap and water point. Can be converted to F&B (subject to approval).
- Near to Fu Lu Shou, Bugis Junction, Albert Center, Bugis Village, Bugis+, Little India.
- Well connectivity to CTE, MCE, ECP, KPE, Nicoll Highway & upcoming North South Corridor.
- Walking distance to 4 MRT stations – Bugis, Bencoolen, Rochor and Little India.
- Served by a large variety of buses along Rochor Road, Bencoolen Street and Serangoon Road.
** Call Colin at 9***** for a viewing appointment.
Amenities
Air-conditioning
Car parking
Estimated mortgage
Sim Lim Square
Sim Lim Square is a 99-year Leasehold commercial property located at 1, Rochor Canal Road, 188504 in District 07. Sim Lim Square is primarily used for Other Retail rental and sale. Sim Lim Square is close to Bugis MRT (EW12), Little India MRT (NE7) and Bras Basah MRT (CC12). It is near to several bus stops located at Rochor Canal Road, Aft Sim Lim Square - 07531, Rochor Road, Fu Lu Shou Complex - 07551, Sungei Road, Aft Serangoon Road - 07539 and Bencoolen Street, Opp Burlington Square - 07517. Amenities near Sim Lim Square Sim Lim Square is near to several eateries located at nearby buildings such as Food Court at Sim Lim Square and Albert Centre Market & Food Centre (Queen Street Market). Sim Lim Square is within reasonable distance to Sheng Siong, Cold Storage, Shop N Save, Jason's Market Place and I-Tec Supermarkets. It is also close to Albert Complex, The Verge, Fu Lu Shou Complex, Little India Arcade, Bugis+, Peace Centre, Parklane Shopping Mall and Bugis Junction for an array of amenities such as grocery and retail shopping, banks and more. Sim Lim Square is accessible via Rochor Canal Road, Prinsep Street and Bencoolen Street.
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