This 484 sqft strata retail unit at Sim Lim Square is offered for sale at a guide price of S$2.488 million. The current listing states that the unit is vacant and notes a possible leaseback arrangement, subject to confirmation of the commercial terms.
Vacant possession gives a buyer flexibility to seek a new tenant or consider owner occupation, subject to approved use. Buyers should verify the remaining lease, exact unit position, maintenance charges, GST treatment and any leaseback proposal.
MRT: Rochor (DT13), Bugis (EW12/DT14).
Nearby food & amenities: Albert Centre Market & Food Centre, Tekka Centre.
Information is subject to change. Buyers should independently verify title, lease commencement, approved use, occupancy, floor area and transaction costs before purchase.
Interested in this property?
Request the latest floorplan, tenancy details and sale information.
Is this Sim Lim Square shop vacant?
The current listing states that the unit is vacant. Buyers should confirm possession status immediately before making an offer.
Is a leaseback available?
The existing listing notes a leaseback option. The availability, tenant, rental amount, lease term and other conditions should be verified before purchase.
What is the tenure of Sim Lim Square?
The current listing identifies the property as 99-year leasehold. Buyers should confirm the lease commencement date and remaining lease with their solicitor.
Is ABSD payable on this purchase?
ABSD generally applies to residential property. A solely non-residential commercial shop is generally not subject to ABSD, but buyers should obtain legal and tax advice for their circumstances.
Can foreigners buy this property?
Foreign-buyer eligibility depends on the title and property use. Buyers should verify the title and any applicable approvals with their solicitor before purchase.
Why consider this Sim Lim Square unit?
The unit combines vacant possession with a central Rochor location and a practical 484 sqft size. Buyers should still assess shop position, remaining lease, approved use and rental fundamentals.
112 Robinson
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