Sim Lim Square Fails Second Collective Sale bid ; yet 11 shops is just put on sale

Source : https://www.straitstimes.com/business/property/11-shops-in-sim-lim-square-go-on-sale-for-22m

 

11 Shop Owners trying their luck on a third collective sale attempt after 2 other occasions fell through last year December and after their initial try in July.

Although the remaining lease is about 63 years, there is no requirement for a top up of lease as this 78,152sft (99 leasehold) is zoned fully for commercial.

These 11 Shops can be bought individually or as a whole. The last 3 transacted prices surpasses $5000 psf.

This sale will close it’s tender at 3pm on 1st Of February 2020. If this sales goes through, it will mean that the market sentiments are bullish and this will mean a great deal for people looking at the development in Affinity At Serangoon

Book An Appointment to view Affinity At Serangoon Showflat & get VVIP Discounts (Limited Time), Direct Developer Price, & Hardcopy E-Brochure. Guaranteed with Best Price Possible.

OR

Fill up the form on the right and get a copy of Affinity At Serangoon Price, E-Brochure, and Latest Updates!

 Strictly no spam policy.