11 retail shops in Sim Lim Square launched for sale for $22m

Unit sizes range from 291 sqft to 506 sqft.

A portfolio of 11 retail shops in Sim Lim Square is for sale via Expression of Interest (EOI), for a price of $22m, announced Knight Frank.

The retail shops are central podium facing units located at the 5th floor of Sim Lim Square, an electronics and IT mall with a 99-year leasehold. The shops have a total area of approximately 5,000 sqft, with unit sizes ranging from 291 sqft to 506 sqft.

The sale is open to both locals and foreigners, with no additional buyer’s stamp duty and seller’s stamp duty imposed on the purchase of the properties.

Interested parties may acquire the entire portfolio or be bought as individual units.

The EOI will close on Tuesday, 18 February 2020, at 3pm.