CommercialCOMMERCIALLeaseholdDistrict 7 · Rochor

Sim Lim Square

Reviewed by Nathan TangUpdated 8 November 2026Data through Aug 2026

Quick Summary

Sim Lim Square is a commercial building in District 7 · Rochor, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 4.2. It is leasehold with roughly 56 years remaining. 609 transactions are on record since 1995, at a median S$2,140 psf, most recently in Aug 2026. 132 units are currently listed for sale or rent. ACRA records 557 live company registrations at this address.

The facts are here — now get the verdict on Sim Lim Square.

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What are the key facts about Sim Lim Square?

Key takeawaySim Lim Square is a commercial building in District 7 · Rochor, zoned COMMERCIAL, held leasehold.

Asset class: Commercial
Land-use zone: COMMERCIAL
Gross plot ratio: 4.2
Tenure: Leasehold
District / Area: District 7 · Rochor
Address: 1 Rochor Canal Road
Land area: 7,261 sqm
Completed: 1987 (per EdgeProp listings)
Storeys: 6 (© OpenStreetMap contributors)
Strata units (MCST): 485
Strata formed: 1989 (MCST 1440)
Submarket: City Fringe
Units with a recorded sale: At least 338
Listed as: Other Retail, Shop / Shophouse, Mall Shop
Transactions on record: 609 (records start 1995)
Live listings: 132
ACRA registrations: 557

About Sim Lim Square

Sim Lim Square is a commercial building in Rochor (District 07). It is located along Rochor Canal Road, Singapore 188504.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 4.2. It lies inside the Central Area.

The site is leasehold, with about 56 years remaining on the lease. It occupies roughly 7,261 sqm of land with about 36,325 sqm of gross floor area.

608 transactions have been recorded here, at a median of S$2,143 psf. The most recent was in August 2026.

726 businesses are currently registered at this address with ACRA.

The nearest MRT is Rochor MRT, 97 m away (about a 2-minute walk). The closest bus stop (Rochor Stn) is 87 m away (about a 1-minute walk).

What is Sim Lim Square zoned as?

Key takeawaySim Lim Square sits on land zoned COMMERCIAL with a gross plot ratio of 4.2, inside the Central Area.

Land-use zone: COMMERCIAL
Gross plot ratio: 4.2
Urban design area: Udga
Central Area: Yes

Run the full zoning report for this building →

What has Sim Lim Square sold for?

Key takeawayAcross 609 recorded transactions since 1995, the median price is about S$1.00M, most recently in Aug 2026.

Date	Use	Price	Area	PSF
Aug 2026	Retail	S$1.01M	570 sqft	$1,768
Aug 2026	Retail	S$1.45M	958 sqft	$1,514
Feb 2026	Retail	S$713k	398 sqft	$1,790
Dec 2025	Retail	S$1.20M	301 sqft	$3,982
Nov 2025	Retail	S$4.30M	883 sqft	$4,872
Sept 2025	Retail	S$2.04M	420 sqft	$4,860
Jun 2025	Retail	S$2.02M	1,356 sqft	$1,489
May 2025	Retail	S$1.98M	366 sqft	$5,410
Feb 2025	Retail	S$2.12M	926 sqft	$2,293
Feb 2025	Retail	S$1.83M	797 sqft	$2,294

URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter

What does space at Sim Lim Square rent for?

Key takeawayNo rent is published for Sim Lim Square itself. On its street, Rochor Canal Road, retail space rented at a median of $6.36 psf a month in 2026Q3, with the middle half of leases between $5.39 and $7.14. That is not this building's own rent, and never a quote for a particular unit.

Retail space on Rochor Canal Road

Street level · 2026Q3

25th pct

$5.39

$58.07 psm

Median

$6.36

$68.42 psm

75th pct

$7.14

$76.86 psm

S$ per sq ft per month · median -21.1% on a year earlier

2023Q4 · $110.53 psm2026Q3 · $68.42 psm median

URA's percentiles of RETAIL rents (shop, F&B, entertainment, health & fitness) across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. Retail rent swings with floor and frontage, so the spread matters as much as the median. A median needs at least 2 buildings and 3 contracts (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Retail space — District 7 retail

Region band · 2026Q3

25th pct

$7.09

$76.30 psm

Median

$9.31

$100.25 psm

75th pct

$13.31

$143.24 psm

S$ per sq ft per month

A REGION BAND — URA's grid for the whole district or location, not this street or building. Say "across <district/location>, …", never that this building rents for it. The middle of URA's retail grid for District 7 across every floor and size band — a ground-floor shop and an upper-floor unit sit at very different points in it.

Source: URA REALIS retail rental analysis (district × floor × size grid).

Market context around Sim Lim Square

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.

CBRE, 2Q 2026 (island-wide)

Islandwide: Rent S$28.15 psf/mth

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft

Singapore Retail MarketBeat Q2 2026

Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% on the year).

Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.

How fast units move at Sim Lim Square

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 46 units for rent; 86 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 8 new listings appeared and 8 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

Sale: between 6 Aug 2026 and 28 Aug 2026, 6 new listings appeared and 8 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

What's been approved at Sim Lim Square?

Key takeawayURA has approved 73 changes of use at Sim Lim Square since 2000, most recently in 2026, and refused 24. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.

6 Jul 2026RefusedFloor 6
Change of use to restaurant and bar
Proposed change of use of unit #06-XX to restaurant and bar
23 Jun 2026RenewedFloor 2
Continued use as karaoke lounge
Continued use of unit #02-XX as karaoke lounge
20 Apr 2026RefusedFloor 6
Change of use to karaoke lounge
Proposed change of use of unit #06-XX as karaoke lounge
30 Jan 2026Agency worksFloor 6
Change of use to commercial school
Lodgment for proposed use of unit #06-XX as commercial school
26 Jan 2026RenewedFloor 6
Continued use as karaoke lounge
Continued use of unit #06-XX as karaoke lounge
29 Nov 2025RenewedFloor 3
Continued use as nightclub
Continued use of units #03-XX and #03-XX as nightclub
22 Oct 2025RenewedFloor 4
Continued use as nightclub
Continued use of unit #04-XX as nightclub
22 Oct 2025RenewedFloor 4
Continued use as amusement centre
Continued use of unit #04-XX as amusement centre (claw machines)
11 Sept 2025ApprovedFloor 2
Change of use to restaurant
Proposed change of use of unit #02-XX to restaurant at sim lim square
8 Aug 2025ApprovedFloor 2
Change of use to restaurant
Proposed change of use of unit #02-XX of sim lim square to restaurant
30 Jul 2025RenewedFloor 6
Continued use as sex shop
Continued use of shop unit #06-XX as sex shop
18 Jul 2025RenewedFloor 1
Continued use as karaoke lounge
Continued use of unit #01-XX as karaoke lounge

137 earlier change-of-use and A&A decisions are on record since 2000.

Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).

How does Rochor Canal Road price?

Key takeawayAcross 34 strata sales on Rochor Canal Road in the last 5 years, the median is $2,737 psf.

Strata sales on the street (5y)

Street median PSF (strata)

$2,737

Street figures cover strata deals only — land and strata PSF are not comparable.

What do commercial rents run near Sim Lim Square?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 7 retail

Gross yield (area)

4.8%

4.3% net of property tax

Rent side (median of bands)

$100.25 psm/mo

2026Q3

Price side (strata, 5y)

$2,348 psf

241 sales

An INDICATIVE AREA yield for District 7 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.

Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.

Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.

Retail rents — District 7 ($ psm/month, 2026Q3)

Floor level · size band	25th pct	Median	75th pct
Level 1 · 30 & Below	$93.33	$113.33	$165.94
Level 4 & Above · 30 & Below	$69.42	$79.17	$140.05
B1 & Below · 30 & Below	$94.66	$392.16	$721.70
Level 2 & 3 · 30 & Below	$71.79	$88.95	$100.36
Level 1 · >30 - 100	$84.41	$129.03	$192.55
Level 2 & 3 · >30 - 100	$53.85	$86.57	$113.16
B1 & Below · >30 - 100	$71.03	$80.88	$146.17
Level 4 & Above · >30 - 100	$47.06	$59.43	$68.42

Office rents — Central Area ($ psm/month, 2026Q3)

Building class · size band	25th pct	Median	75th pct
Category 2 · 100 & Below	$54.65	$69.39	$88.80
Category 1 · 100 & Below	$103.62	$122.24	$132.43
Category 1 · >100 - 200	$116.28	$126.99	$148.35
Category 2 · >100 - 200	$65.57	$82.87	$97.63
Category 1 · >200 - 500	$114.67	$128.09	$145.77
Category 2 · >200 - 500	$64.83	$82.57	$94.73
Category 1 · >500 - 1000	$106.56	$137.78	$148.23
Category 2 · >500 - 1000	$85.04	$89.34	$109.80

URA REALIS rental-contract percentiles for the district/location — an area benchmark, not this building's own rents. Office and retail are dimensioned differently and are never mixed.

What is available at Sim Lim Square right now?

Key takeaway132 units are currently listed at Sim Lim Square — 86 for sale and 46 for rent. One row per unit; several agents often market the same unit.

For sale (86)

Sim Lim SquareS$2.20M · 485 sqft
Sim Lim SquareS$1.18M · 409 sqft
Sim Lim SquareS$1.40M · 269 sqft
Sim Lim SquareS$3.30M · 1,410 sqft

For rent (46)

Sim Lim SquareS$3k/mo · 301 sqft
Sim Lim Square2 agentsS$6k/mo · 355 sqft
Sim Lim SquareS$8k/mo · 667 sqft
Sim Lim SquareS$6k/mo · 1,582 sqft

Browse every listing at this building →

What is near Sim Lim Square?

Key takeawayThe nearest MRT/LRT is Rochor MRT, about 97 m away — and 3 competing retail premisess operate nearby.

Getting around

Rochor MRT97 m · ~2 min

Amenities nearby

Educational Institution · 62 mRochor MRT Exit A · 85 mRochor Stn · 87 mRochor Centre Clinic · 96 mPlace Of Worship · 111 mHotel · 150 mRaffles Hospital · 533 m

Competing premises nearby

Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.

Albert Centre Market & Food Centre · 245 mSheng Siong Supermarket Pte Ltd · 294 mBugis+ · 403 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Sim Lim Square

Key takeawayThe nearest station is Rochor (DT13), 85 m away — a moderately busy station, with about 22,000 taps in and out on an average weekday. 46 public car parks are within 500 m; the cheapest URA season parking nearby is S$100 a month.

Foot traffic: busier than 93% of retail buildings

nearest MRT/LRT Rochor (DT13) 85 m, about 22,000 taps a weekday; 7 more stations within 1 km; bus stops within 400 m: 14, about 35,000 taps a weekday; Rochor: 31,654 resident workers (Census 2020, by workplace); about 21,000 residents within 1 km (June 2026); 6 other malls within 1 km. Ranked against 12,856 retail buildings by PropKaki's model: a relative score, not a footfall count.

A relative score from PropKaki's model (station and bus taps nearby, workers and residents around, and competing malls), not a count of people.

Stations within 1 km

Rochor (DT13)85 m · about 22,000 weekday taps
Jalan Besar (DT22)326 m · about 21,000 weekday taps
Bugis (EW12 / DT14)379 m · about 109,000 weekday taps
Bencoolen (DT21)491 m · about 20,000 weekday taps
Little India (NE7 / DT12)500 m · about 55,000 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to Sim Lim Square. Transfers between lines don't tap, so interchanges read low.

Bus

14 bus stops within 400 m, with about 35,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Mayo St (URA)145 m
S$0.60 per half-hour at midday on a weekday · 35 car lots
Backlane (Mayo St - Du Nlop St) (URA)171 m
Blk 8, 9 Selegie Road Car Park (HDB)218 m
no short-term parking
Backlane (Dickson Rd - Dunlop St) (URA)219 m
Backlane (Perak Rd - M Adras St) (URA)224 m

HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.

Public car parks only, by straight-line distance, with the operator's published rates. Sim Lim Square's own car park, if it has one, and its charges are not in the open data.

Who's registered at Sim Lim Square?

Key takeaway557 live companies (and LLPs and branches; sole proprietors are not counted) list Sim Lim Square as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
248
Other services
57
Financial and insurance
45
Information and communications
42
Arts, entertainment and recreation
41
Accommodation and food services
33
Professional, scientific and technical services
20
Transportation and storage
15
Administrative and support services
15
Construction
14

Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.

Frequently asked questions about Sim Lim Square

Where is Sim Lim Square?⌄

Sim Lim Square is at 1 Rochor Canal Road, Singapore 188504, in the Rochor planning area.

What is Sim Lim Square zoned as?⌄

Sim Lim Square sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 4.2.

What is the tenure of Sim Lim Square?⌄

Sim Lim Square is leasehold. About 56 years remain on the lease.

What have units at Sim Lim Square sold for?⌄

Across 608 recorded transactions, the median price is S$2,143 psf. The latest was in August 2026.

What is the nearest MRT station to Sim Lim Square?⌄

Rochor MRT is the closest, 97 m away (about a 2-minute walk).

How many businesses are registered at Sim Lim Square?⌄

726 businesses are currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.

For agents · in the PropKaki app

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Read the figures right

Completion year: as EdgeProp listings states it, not checked against an official record. Sales records start in 1995, which says nothing about when a building was built.

Total units: the strata units in the building's MCST (BCA's register) — strata lots, not tenancies; a single-owner building can be one lot. Units with a recorded sale (URA caveats) are a separate figure.

Strata lots: the lot count in the development's MCST (BCA's register) — the whole development, homes included where it is mixed; a single-owner mall or tower can be one lot.

Strata formed: the year the MCST was set up (BCA's register). NOT the year the building was completed — an MCST forms after TOP, sometimes years later. Never state it as the building's age.

Submarket: PropKaki's own map from URA's planning subzones (CBD core, City Hall / Bugis, Orchard, city fringe, regional centres, suburban). Brokers draw these lines differently.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Season parking: the cheapest URA car season rate (commercial ticket) at a public car park within 500 m, per month. HDB's season rates depend on a zone we don't have, so they are shown as HDB's tiers.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from EdgeProp listings, BCA's MCST register, PropKaki's submarket map, URA planning decisions, URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.