LAST UPDATED: 9 hours ago
CHEAP and SUPER CHEAP !!
Fire Sale with $500,000 BELOW Valuation !!!
Investors Dream !
Prime Shop. Enbloc Potential.
High Rental Yield with Lease-Back Option
PRIME Retail Shop in Sim Lim Square – BEST Facing of Atrium
SIM LIM SQUARE
Located at 1 Rochor Canal Road, besides Rochor MRT station
Renowned for being Singapore’s famous Gadget Town - Singapore’s electronic of home appliances, IT components, devices, spare parts etc, for both home and corporate users.
Prime Shop unit on 2nd Floor
- Full Frontage of Atrium Facing, with High Human Traffic Flow
- Size: 484 sqft
- Asking Price at $2.2 million – negotiable
OPTION of Sale with Vacant Possession Or Sale with Tenancy:
- Buy for own usage, it will be sold vacant upon sale completion.
- Buy for Investment, seller to lease-back on long-term basis.
TAXES
- No ABSD (NO Additional Buyer’s Stamp Duty)
- No SSD (NO Seller’s Stamp Duty)
- Low Property Tax
- GST applicable
Eligibility: Singaporeans, SPRs, All Foreigners are Eligible to Buy
Substantially Commercial:
- Heavily surrounded by Schools: NAFA ,SMU, LaSalle, SUSS with many local and foreign students
- Eight surrounding Hotels with ample Tourists
- Singapore Life Church, a 140-year Church with thousands of followers.
Enbloc Potential:
- Bonus : 2 floors of carpark & common corridors 35% share to Owners
- 1st Enbloc: 81% approval
- 2nd Enbloc: 77% approval
- 3rd Enbloc: Potentially in 2025
Investors, if you are faced with restrictions on eligibility due to residential limitations of ABSD, SSD and the multitudes of residential tenancies woes... time to consider this prime commercial property.
Don't miss out on this rare opportunity to own a commercial space in a much sought-after location.
Call Now - Susan Lam at 94.77. 53.11 to schedule a viewing today !!
Thank you and be blessed.
Susan Lam | 林宝梨
Retail
S$ 4,545 psf
July 06,2025
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484 sqft
99-year Leasehold
681045
Low Floor
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Assess home loan interest rates from various banks to make an informed decision when buying building-under-construction (BUC) property. Using $1.5m as the loan package.
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@ 2.5% Sora, 1st year
@ 2.6% Sora, 1st year
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