You are here

Sim Lim Square up for en bloc sale with S$1.25b reserve price

Mall sits on a 99-year leasehold site with a land size of 78,152 square feet and a remaining lease of 63 years

BT_20190430_FLSIMLIM30_3767203.jpg
The latest URA-approved gross floor area is 391,000 sq ft. The mall is currently heavily under-utilised and the strata system there does not allow use of the spare space, says the chairman of the collective sales committee.

Singapore

ELECTRONICS shopping mall Sim Lim Square in Rochor Canal Road has been put up for collective sale via public tender at a reserve price of S$1.25 billion, marketing agent SLP International Property Consultants announced on Monday.

Its initial asking price in March last...

sentifi.com

Market voices on: