Commercial Directory · Office · Retail · District 8
Sim Lim Tower
24 sales from Jan 2022 to Sept 2026, at a median $1,941 psf (12 months to Oct 2026).
District 8 At a glance
- Median psf, 12 months
- $1,941
- Sales since Jan 2022
- 24
- Latest sale, Sept 2026
- $1,286 psf
- Tenure
- Freehold
9 of 10 sellers with a known purchase price sold for more than they paid; the median made 2.5% a year.
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Median psf by year Price trend
| Year | Unit sales | Median psf |
|---|---|---|
| 2022 | 4 | $2,060 |
| 2023 | 1 | $2,196 |
| 2024 | 5 | $2,662 |
| 2025 | 5 | $2,128 |
| 2026(part year) | 1 | $1,941 |
A median moves with which units sold that year (floor, size, ground-floor shops), so a small year can swing.
24 sales Every sale
| Date | Type | Level | Sq ft | Price | Psf | Sale | Seller bought | Profit | A year |
|---|---|---|---|---|---|---|---|---|---|
| 9 Sept 2026 | Retail | Whole | 1,399 | $1,800,000 | $1,286 | Resale | – | – | – |
| 29 May 2026 | Retail | Whole | 807 | $1,375,000 | $1,703 | Resale | – | – | – |
| 8 Apr 2026 | Office | 7 | 840 | $1,630,000 | $1,941 | Resale | – | – | – |
| 20 Aug 2025 | Retail | 2 | 463 | $917,431 | $1,982 | Resale | – | – | – |
| 16 Jun 2025 | Retail | 3 | 560 | $1,235,000 | $2,206 | Resale | Jan 2018, $1M | $235k | 2.9% |
| 26 May 2025 | Office | 6 | 398 | $846,944 | $2,127 | Resale | Dec 2020, $750k | $97k | 2.8% |
| 22 May 2025 | Office | 11 | 592 | $1,270,000 | $2,145 | Resale | Nov 2023, $1.3M | -$30k | -1.5% |
| 28 Mar 2025 | Office | 7 | 592 | $1,260,000 | $2,128 | Resale | Nov 1995, $740k | $520k | 1.8% |
| 15 Aug 2024 | Office | 11 | 420 | $924,000 | $2,201 | Resale | Mar 2014, $825k | $99k | 1.1% |
| 26 Jul 2024 | Retail | 2 | 280 | $832,000 | $2,973 | Resale | Oct 2012, $760k | $72k | 0.8% |
| 22 Jul 2024 | Retail | 3 | 280 | $745,000 | $2,662 | Resale | – | – | – |
| 24 May 2024 | Retail | Whole | 377 | $1,038,000 | $2,755 | Resale | Mar 2011, $850k | $188k | 1.5% |
| 22 Apr 2024 | Retail | Whole | 280 | $740,000 | $2,644 | Resale | – | – | – |
| 22 Apr 2024 | Retail | Whole | 280 | $740,000 | $2,644 | Resale | – | – | – |
| 22 Jan 2024 | Retail | 3 | 355 | $1,020,000 | $2,872 | Resale | Jun 2017, $746k | $274k | 4.9% |
| 12 Jan 2024 | Retail | 9 | 840 | $1,500,000 | $1,787 | Resale | Jan 2014, $1.2M | $300k | 2.3% |
| 6 Nov 2023 | Office | 11 | 592 | $1,300,000 | $2,196 | Resale | Jul 1999, $470k | $830k | 4.3% |
| 27 Sept 2022 | Retail | 5 | 3,283 | $6,699,000 | $2,040 | Resale | Jul 2018, $5.2M | $1.5M | 6.2% |
| 31 Mar 2022 | Office | Whole | 366 | $888,000 | $2,426 | Resale | – | – | – |
| 31 Mar 2022 | Office | Whole | 344 | $888,000 | $2,578 | Resale | – | – | – |
| 22 Mar 2022 | Retail | 3 | 710 | $1,455,000 | $2,048 | Resale | – | – | – |
| 10 Mar 2022 | Retail | Whole | 323 | $800,000 | $2,477 | Resale | – | – | – |
| 7 Feb 2022 | Retail | 2 | 538 | $1,200,000 | $2,230 | Resale | – | – | – |
| 7 Jan 2022 | Office | 7 | 420 | $870,003 | $2,072 | 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 Tower Questions
How much does a unit at Sim Lim Tower cost?
16 unit sales at Sim Lim Tower from Jan 2022 to Sept 2026 went for $1,787 to $2,973 psf, a median $2,137 psf on units of 280 to 3,283 sq ft. The latest, in Sept 2026, was $1,800,000 for 1,399 sq ft ($1,286 psf).
Did sellers at Sim Lim Tower make money?
9 of 10 resales where the caveat shows the purchase price sold for more than the seller paid. The median seller made $255k, 2.5% a year, before stamp duty, GST, fees and the rent collected while they held it.
What kind of property is Sim Lim Tower?
The sales here are office and retail units in District 8 (Rest of Central Region), most on a freehold 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 8 Nearby buildings
- Desker Road Conservation Area$5,535 psf
- ARC 380$2,999 psf
- Centrium Square$2,549 psf
- Jalan Besar Plaza$2,455 psf
- Hoa Nam Building$2,148 psf
- New World Centre$1,196 psf
- 28 RC Suites$6,746 psf
- Connexion$5,372 psf