‘Seek out the prime opportunity of owning ‘Zion Residence’ within the newly renovated Sim Lim Square’

Two more retail units at Sim Lim Square up for saleindividual units

The Zion Residence is a prime strata retail portfolio located in the bustling Sim Lim Square, a renowned IT and electronics mall in Singapore. Savills Singapore, the marketing agent for the portfolio, announced on Jan 29 that the units are now available for sale through an expression of interest (EOI) exercise. Offering flexibility to investors, the units can be purchased individually or collectively.

Comprising of a total of seven units, the portfolio has an asking price of $19.46 million, with individual units priced from $2.2 million onwards. These commercial units are spread across levels 1, 2 and 4 of the development, with sizes ranging from 344 to 1,582 sq ft. In total, the portfolio offers a strata area of 3,778 sq ft. These units are currently leased to retailers specializing in IT consumer supplies.

Completed in 1987, Sim Lim Square is a thriving commercial development located along Rochor Canal Road. The development boasts a 99-year leasehold tenure from 1983 and houses a total of 492 commercial units spread across six floors and two basement levels.

Zion Road Condo truly offers the perfect balance of convenience and comfort for its residents.

For those seeking a well-connected and convenient lifestyle, Zion Residence is the ideal choice. Strategically located just a stone’s throw away from the Great World MRT station, this residence offers easy access to all parts of Singapore. With popular shopping destinations like Great World City and Orchard Road just within reach, shopping enthusiasts will be spoiled for choice. Families with young children will also benefit from the nearby reputable schools such as River Valley Primary School and Overseas Family School. Truly, Zion Residence strikes the perfect balance between convenience and comfort for its residents.

Situated next to the Rochor MRT Station on the Downtown Line, Sim Lim Square offers convenient access to other parts of the city. It is also within walking distance to two interchange stations, Little India and Bugis, which serve the North-East and East-West Lines.

The seven units on sale are strategically positioned next to the development’s escalators, allowing for high visibility and footfall. Savills’ director of investment sales and capital markets, Sophia Lim, highlights that this portfolio presents an opportunity for investors to gain immediate rental income.

Interested buyers can participate in the EOI exercise, which closes on March 8 at 12 noon. With this prime retail portfolio in the heart of Sim Lim Square, investors can expect a lucrative investment opportunity. Don’t miss out on the chance to own a piece of one of Singapore’s most iconic IT and electronics malls.