Commercial Directory · Office · Retail · Shophouse · District 7
Sim Lim Square
35 sales from Dec 2021 to Aug 2026, at a median $1,790 psf (12 months to Oct 2026).
District 7 At a glance
- Median psf, 12 months
- $1,790
- Sales since Dec 2021
- 35
- Latest sale, Aug 2026
- $1,768 psf
- Tenure
- 99-year lease
17 of 22 sellers with a known purchase price sold for more than they paid; the median made 2.3% a year.
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Median psf by year Price trend
| Year | Unit sales | Median psf |
|---|---|---|
| 2021(part year) | 2 | $2,484 |
| 2022 | 4 | $2,570 |
| 2023 | 6 | $3,803 |
| 2024 | 9 | $2,787 |
| 2025 | 7 | $3,982 |
| 2026(part year) | 3 | $1,768 |
A median moves with which units sold that year (floor, size, ground-floor shops), so a small year can swing.
35 sales Every sale
| Date | Type | Level | Sq ft | Price | Psf | Sale | Seller bought | Profit | A year |
|---|---|---|---|---|---|---|---|---|---|
| 18 Aug 2026 | Retail | 3 | 570 | $1,008,900 | $1,768 | Resale | Sept 1997, $857k | $152k | 0.6% |
| 14 Aug 2026 | Retail | 3 | 958 | $1,449,988 | $1,514 | Resale | Sept 1997, $1.44M | $14k | 0.0% |
| 6 Feb 2026 | Retail | 3 | 398 | $712,888 | $1,790 | Resale | Oct 2000, $450k | $263k | 1.8% |
| 4 Dec 2025 | Retail | 2 | 301 | $1,200,000 | $3,982 | Resale | Jun 2013, $1.68M | -$480k | -2.7% |
| 6 Nov 2025 | Retail | 3 | 883 | $4,300,210 | $4,872 | Resale | Oct 2007, $1.24M | $3.06M | 7.1% |
| 8 Sept 2025 | Retail | 1 | 420 | $2,040,000 | $4,859 | Resale | Oct 2017, $1.42M | $622k | 4.7% |
| 19 Jun 2025 | Retail | 6 | 1,356 | $2,020,000 | $1,489 | Resale | Jun 2007, $1.29M | $732k | 2.5% |
| 20 May 2025 | Retail | 6 | 366 | $1,980,000 | $5,410 | Resale | – | – | – |
| 24 Feb 2025 | Retail | 5 | 926 | $2,123,000 | $2,293 | Resale | Oct 2012, $1.64M | $483k | 2.1% |
| 24 Feb 2025 | Retail | 5 | 797 | $1,827,000 | $2,294 | Resale | Dec 2017, $1.34M | $487k | 4.4% |
| 13 Dec 2024 | Retail | 1 | 592 | $1,918,888 | $3,241 | Resale | – | – | – |
| 7 Nov 2024 | Retail | 6 | 377 | $1,988,888 | $5,279 | Resale | Jun 2020, $2M | -$11k | -0.1% |
| 14 Oct 2024 | Retail | 4 | 344 | $960,000 | $2,787 | Resale | – | – | – |
| 30 Aug 2024 | Retail | 2 | 388 | $970,000 | $2,503 | Resale | – | – | – |
| 7 Aug 2024 | Retail | 6 | 409 | $1,750,000 | $4,278 | Resale | Dec 2010, $984k | $766k | 4.3% |
| 24 Jul 2024 | Retail | 3 | 409 | $1,000,000 | $2,445 | Resale | Aug 2006, $470k | $530k | 4.3% |
| 20 May 2024 | Retail | 6 | 1,722 | $4,052,012 | $2,353 | Resale | Jun 2004, $448k | $3.6M | 11.7% |
| 20 May 2024 | Retail | 6 | 1,916 | $4,079,889 | $2,129 | Resale | Jun 2004, $448k | $3.63M | 11.7% |
| 20 May 2024 | Retail | Several units | 1,722 | $4,052,012 | $2,353 | Resale | – | – | – |
| 20 May 2024 | Retail | Several units | 1,916 | $4,079,889 | $2,129 | Resale | – | – | – |
| 29 Feb 2024 | Retail | 2 | 1,152 | $4,000,000 | $3,473 | Resale | Mar 2013, $2.5M | $1.5M | 4.4% |
| 23 Feb 2024 | Retail | Whole | 344 | $1,150,000 | $3,339 | Resale | Jul 2022, $1.04M | $112k | 6.5% |
| 27 Oct 2023 | Retail | 2 | 549 | $1,750,000 | $3,188 | Resale | Mar 2008, $822k | $928k | 5.0% |
| 27 Sept 2023 | Retail | 6 | 431 | $2,060,600 | $4,786 | Resale | – | – | – |
| 27 Sept 2023 | Retail | 6 | 355 | $1,568,888 | $4,417 | Resale | – | – | – |
| 5 Jun 2023 | Retail | 6 | 1,851 | $3,200,000 | $1,728 | Resale | Jun 2004, $1.11M | $2.09M | 5.7% |
| 29 May 2023 | Retail | 3 | 312 | $670,000 | $2,146 | Resale | Apr 2012, $668k | $2k | 0.0% |
| 1 Feb 2023 | Shophouse | 1 | 388 | $1,900,000 | $4,903 | Resale | – | – | – |
| 7 Oct 2022 | Retail | 4 | 1,496 | $4,020,000 | $2,687 | Resale | May 2013, $4.5M | -$480k | -1.2% |
| 5 Jul 2022 | Retail | Whole | 344 | $1,038,000 | $3,013 | Resale | Dec 2017, $868k | $170k | 4.0% |
| 12 May 2022 | Office | 1 | 355 | $1,280,000 | $3,604 | Resale | – | – | – |
| 1 Apr 2022 | Retail | 3 | 269 | $660,000 | $2,453 | Resale | Nov 2012, $940k | -$280k | -3.7% |
| 24 Feb 2022 | Retail | 3 | 624 | $1,160,000 | $1,858 | Resale | Nov 2012, $1.38M | -$220k | -1.9% |
| 23 Dec 2021 | Retail | 3 | 269 | $695,000 | $2,583 | Resale | Feb 1995, $480k | $215k | 1.4% |
| 20 Dec 2021 | Retail | 3 | 398 | $950,000 | $2,385 | Resale | – | – | – |
URA Realis caveats via Huttons, to 13 Oct 2026. Sq ft is the strata area. Profit is the sale price less the seller's purchase price, before stamp duty, GST and fees; “a year” is that gain as a yearly rate over the time held. Unit numbers are left out.
Sim Lim Square Questions
How much does a unit at Sim Lim Square cost?
31 unit sales at Sim Lim Square from Dec 2021 to Aug 2026 went for $1,489 to $5,410 psf, a median $2,583 psf on units of 269 to 1,916 sq ft. The latest, in Aug 2026, was $1,008,900 for 570 sq ft ($1,768 psf).
Did sellers at Sim Lim Square make money?
17 of 22 resales where the caveat shows the purchase price sold for more than the seller paid. The median seller made $485k, 2.3% a year, before stamp duty, GST, fees and the rent collected while they held it.
What kind of property is Sim Lim Square?
The sales here are office, retail and shophouse units in District 7 (Rest of Central Region), most on a 99-year lease title. Commercial units carry no Additional Buyer’s Stamp Duty and cannot be bought with CPF.
Thinking of buying here to rent out? Check the yield and break-even in the Commercial Deal Check.
District 7 Nearby buildings
- Parklane Shopping Mall$1,689 psf
- Fortune Centre$2,599 psf
- The Plaza$1,397 psf
- Textile Centre$1,133 psf
- Sunshine Plaza$2,250 psf
- Southbank$1,962 psf
- Sultan Plaza$1,641 psf
- Bugis Cube$3,338 psf