Price: $2,200,000 | Size: 484 sqft | $4,545 psf
Sim Lim Square – Prime Retail Investment Opportunity
If you are searching for a high traffic retail shop for sale in Singapore, this is a rare opportunity to own a prime retail unit at Sim Lim Square, one of Singapore’s most established electronics and IT malls. This 484 sqft retail shop for sale is strategically positioned with atrium-facing frontage, ensuring consistent visibility and strong customer flow. With a competitive asking price of $2,200,000 ($4,545 psf), this property represents a strong commercial property investment in District 07 Beach Road / Bugis / Rochor.
This is not just a retail unit for sale; it is a strategic commercial real estate investment in a high-demand shopping mall with strong rental yield potential and long-term capital appreciation prospects.
Prime Location – District 07 Beach Road / Bugis / Rochor
Located in the vibrant commercial hub of District 07, this retail shop at Sim Lim Square benefits from exceptional connectivity and high pedestrian traffic. The property is situated next to Rochor MRT Station (DT13) and is within walking distance to Bugis MRT (DT14/EW12) and Jalan Besar MRT (DT22). This ensures seamless access for customers, tourists, and office workers.
Nearby landmarks include:
Rochor MRT Station
Bugis MRT Station
Jalan Besar MRT Station
The Bugis and Rochor precinct is widely known for its vibrant retail environment, tourist attractions, boutique hotels, and strong commercial presence. Investing in a retail shop for sale in Bugis offers exposure to one of Singapore’s busiest shopping belts, making it an attractive asset for both investors and owner-occupiers.
Unit Details – Retail Shop for Sale at Sim Lim Square
Property Name: Sim Lim Square
Type: Retail
Size: 484 sqft (approx.)
Price: $2,200,000
Price per sqft: $4,545 psf
Tenure: 99 years (from 1983)
Floor Level: Medium floor
Condition: Partially fitted
Maintenance Fees: Approx. $495/month
Tenancy Status: Vacant (immediate possession available)
Postal Code: 188504
This high traffic retail shop for sale is atrium-facing, which significantly enhances shop frontage exposure. High foot traffic retail units in Sim Lim Square are especially desirable because of their visibility and walk-in customer potential.
Why Invest in This High Traffic Retail Shop?
1. Strong Rental Yield Potential (5–7%)
One of the key attractions of this retail shop investment in Singapore is its high rental yield potential. Based on market comparables in Sim Lim Square, rental returns can range between 5% to 7%, making this commercial property an appealing option for investors seeking passive income.
High rental yield retail shops in central Singapore are increasingly rare, especially those offering vacant possession. This allows buyers flexibility to secure tenants at prevailing market rates or occupy the unit for their own business.
2. Vacant Possession – Immediate Use
This retail unit is not tenanted, which means immediate vacant possession is available. Buyers can:
Start their own retail or IT business
Secure a new tenant at competitive rental rates
Renovate or reposition the space for enhanced returns
Vacant retail shops for sale in prime locations provide flexibility and stronger negotiation leverage for landlords.
Suitable Business Types
This 484 sqft retail space for sale is highly versatile and suitable for:
Electronics retail shop
IT equipment and computer store
Mobile phone accessories shop
Gadget retail business
F&B (subject to change of use approval)
Specialty retail concepts
Sim Lim Square is internationally recognized as a technology and electronics hub, making it an ideal environment for businesses related to electronics, gadgets, and IT services.
Excellent Connectivity and High Foot Traffic
Retail properties near MRT stations in Singapore consistently outperform less accessible locations. This unit is directly next to Rochor MRT and within short walking distance to Bugis and Little India.
The surrounding area enjoys:
Strong daily commuter traffic
Tourist flow from nearby hotels
Office crowd from Bugis commercial towers
Weekend retail shoppers
High foot traffic retail shop for sale opportunities like this are limited in the current market.
No ABSD or SSD – Open to Local and Foreign Buyers
Unlike residential properties, this commercial retail shop for sale does not incur Additional Buyer’s Stamp Duty (ABSD) or Seller’s Stamp Duty (SSD). This makes it especially attractive for:
Foreign investors looking for Singapore commercial property
Companies seeking commercial asset diversification
High-net-worth individuals building a commercial real estate portfolio
Singapore commercial real estate remains one of the most stable and transparent investment markets in Asia.
En Bloc and Capital Appreciation Potential
Sim Lim Square has historically been discussed for collective sale potential. While en bloc outcomes are never guaranteed, investors recognize the redevelopment upside associated with centrally located commercial properties in District 07.
Owning a retail unit in a renowned commercial building like Sim Lim Square positions investors for:
Long-term capital appreciation
Potential redevelopment premium
Strong exit liquidity
Retail investment properties in Bugis and Rochor continue to benefit from urban rejuvenation and infrastructure upgrades.
Investment Fundamentals – Why This Property Stands Out
This high traffic retail shop for sale offers a combination of:
Prime District 07 location
Strong rental yield potential
MRT connectivity
High pedestrian traffic
Flexible usage
Immediate vacant possession
No ABSD/SSD
En bloc potential
Very few retail shops for sale in Singapore combine all these attributes in one asset.
Strategic Location with Sustained Demand
The Bugis and Rochor area continues to evolve as a lifestyle, tourism, and commercial hotspot. The integration of arts, culture, retail, and hospitality ensures sustained visitor traffic. Properties in this district benefit from:
Continuous urban redevelopment
Government infrastructure investment
Strong tourism inflow
Stable commercial leasing demand
Retail property investment in Bugis remains one of the most resilient commercial segments in Singapore.
Ownership Opportunity in a Renowned Tech Mall
Sim Lim Square is widely recognized as Singapore’s iconic electronics and IT mall. Generations of consumers associate the mall with:
Computer hardware
IT solutions
Mobile devices
Gaming equipment
Professional electronics
Owning a retail shop in this well-known commercial landmark provides branding advantage and instant recognition.
Financial Overview
Purchase Price: $2,200,000
Size: 484 sqft
Price per sqft: $4,545 psf
Estimated Rental Yield: 5–7%
Maintenance Fee: Approx. $495/month
Compared to other prime retail properties in central Singapore, this price point offers competitive entry into the District 07 commercial real estate market.
Ideal for Owner-Occupiers and Investors
This property is suitable for:
Owner-Occupiers
Entrepreneurs seeking a prime retail location in a high traffic shopping mall.
Investors
Buyers looking for stable rental income, strong tenant demand, and capital appreciation.
Commercial retail units for sale in Singapore with such attributes are increasingly limited.
Long-Term Value Proposition
Investing in a high traffic retail shop for sale in central Singapore is not merely about short-term rental income. It is about:
Asset preservation
Portfolio diversification
Inflation hedge
Capital growth
Redevelopment upside
With strong connectivity and a central location, demand fundamentals remain intact.
Unit Features
Air-conditioning
CCTV security
Atrium-facing frontage
Medium floor level
Partially fitted condition
Flexible layout
The efficient 484 sqft configuration allows optimized retail display and customer circulation.
Rare Investment with Strong Returns and Redevelopment Prospects
Opportunities to own retail property in Sim Lim Square rarely come with vacant possession and strong yield potential. This is a rare chance to secure a strategic commercial asset in one of Singapore’s most vibrant retail districts.
Whether you are seeking a high rental yield retail shop for sale, a prime Bugis commercial property, or a long-term capital appreciation asset, this unit offers a compelling investment case.
Contact for Viewing
Contact Shirley Tan at 812 19819 to arrange a viewing of this high traffic retail shop for sale at Sim Lim Square.
This is a rare commercial property investment in District 07 with strong returns and redevelopment potential.
Serious buyers are encouraged to arrange a viewing soon, as prime retail units in central Singapore remain highly sought after.