New

48 SIMS PLACE

$2,880,000 ($2,177 psf) [Negotiable]

  • Sims Place, D14

  • 1,323 sqft (123 sqm)

Agent Information

Faith Quek

#R005493G

faithquek@propnex.com

+65 96674188

Specialises in Asset Progression, Property investment
Transacted for residential and industrial properties
Private residential and HDB properties

Property Details

  • Listing Type

  • Property Group

  • Property Type

  • District

  • Floor Area

  • SALE

  • Retail

  • Shop / Shophouse

  • D14

  • 1323

  • Furnishing

  • Floor

  • Street Name

  • Partially Furnished

  • Ground Floor

  • Sims Place

Description

Discover a prime investment opportunity at 48 Sims Place, a strategic retail shophouse located in District 14. Priced at SGD 2,880,000, this property offers strong rental income potential with a stable tenancy generating SGD 6,900 monthly until November 2027. Its versatile commercial space is ideal for young professionals and investors seeking a prominent retail presence in a vibrant neighborhood.

This single-tenant shophouse combines retail and living quarters, providing flexibility for future expansion or re-development. Situated on Sims Place, the property benefits from excellent visibility and accessibility, making it a valuable asset in Singapore’s dynamic property market. The absence of GST simplifies the transaction process, enhancing its appeal for investors.

Operational costs include a town council fee of SGD 190 and an awning fee of SGD 33 per month, ensuring minimal overheads. With a competitive price point and long-term tenancy, 48 Sims Place offers a compelling opportunity for high returns and asset growth in Singapore’s thriving District 14.

Location