A freehold ground-floor shop unit at Sim Lim Tower has been put up for sale by public tender. According to CBRE, the exclusive marketing agent, the indicative price of the subject property is $16.19 million. This works out to about $3,300 psf based on a strata area of 4,908 sq ft.

Sim Lim Tower is a freehold development near Rochor MRT station and the upcoming Jalan Besar MRT station of the Downtown Line. The subject property is currently tenanted and has approval for food and beverage use.

The tender exercise closes on April 18.