CommercialCOMMERCIALFreeholdDistrict 8 · Rochor

Sim Lim Tower

Reviewed by Nathan TangUpdated 8 November 2026Data through Sept 2026

Quick Summary

Sim Lim Tower is a commercial building in District 8 · Rochor, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 4.2. It is freehold. 229 transactions are on record since 1995, at a median S$1,838 psf, most recently in Sept 2026. 45 units are currently listed for sale or rent. ACRA records 1,748 live company registrations at this address.

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

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What are the key facts about Sim Lim Tower?

Key takeawaySim Lim Tower is a commercial building in District 8 · Rochor, zoned COMMERCIAL, held freehold.

Asset class: Commercial
Land-use zone: COMMERCIAL
Gross plot ratio: 4.2
Tenure: Freehold
District / Area: District 8 · Rochor
Address: 10 Jalan Besar
Land area: 3,781 sqm
Completed: Not on record
Storeys: 17 (© OpenStreetMap contributors)
Strata units (MCST): 260
Strata formed: 1982 (MCST 0587)
Submarket: City Fringe
Units with a recorded sale: At least 149
Listed as: Office, Mall Shop, Shop / Shophouse
Transactions on record: 229 (records start 1995)
Live listings: 45
ACRA registrations: 1,748

What are the specs at Sim Lim Tower?

Key takeawayThe building's specs as its sources state them — the listing agent or the management can confirm a unit's own.

Facilities: car park; Source: CommercialGuru

About Sim Lim Tower

Sim Lim Tower is a commercial building in Rochor (District 08). It is located along Jalan Besar, Singapore 208787.

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 freehold. It occupies roughly 3,781 sqm of land with about 15,881 sqm of gross floor area.

228 transactions have been recorded here, at a median of S$1,839 psf. The most recent was in May 2026.

1,923 businesses are currently registered at this address with ACRA.

The nearest MRT is Jalan Besar MRT, 168 m away (about a 3-minute walk). The closest bus stop (Jln Besar Stn Exit A) is 70 m away (about a 1-minute walk).

What is Sim Lim Tower zoned as?

Key takeawaySim Lim Tower 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

BCA-verified envelope: allowable GFA 15,880 sqm · built 22,772 sqm · headroom -6,892 sqm. This block appears only where BCA has published the actual built floor area — everywhere else, buildable headroom cannot be verified and is deliberately not estimated.

Run the full zoning report for this building →

What has Sim Lim Tower sold for?

Key takeawayAcross 229 recorded transactions since 1995, the median price is about S$800k, most recently in Sept 2026.

Date	Use	Price	Area	PSF
Sept 2026	Retail	S$1.80M	1,399 sqft	$1,286
May 2026	Retail	S$1.38M	807 sqft	$1,703
Apr 2026	Office	S$1.63M	840 sqft	$1,941
Aug 2025	Retail	S$917k	463 sqft	$1,982
Jun 2025	Retail	S$1.24M	560 sqft	$2,206
May 2025	Office	S$847k	398 sqft	$2,127
May 2025	Office	S$1.27M	592 sqft	$2,145
Mar 2025	Office	S$1.26M	592 sqft	$2,128
Aug 2024	Office	S$924k	420 sqft	$2,201
Jul 2024	Retail	S$832k	280 sqft	$2,973

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 Tower rent for?

Key takeawayNo rent is published for Sim Lim Tower itself. On its street, Jalan Besar, office space rented at a median of $5.59 psf a month in 2026Q3, with the middle half of leases between $4.73 and $6.71. That is not this building's own rent, and never a quote for a particular unit.

Office space on Jalan Besar

Street level · 2026Q3

25th pct

$4.73

$50.86 psm

Median

$5.59

$60.19 psm

75th pct

$6.71

$72.25 psm

S$ per sq ft per month · median +7.1% on a year earlier

2023Q4 · $53.03 psm2026Q3 · $60.19 psm median

URA's percentiles of OFFICE rents 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. URA publishes a median only where the street has at least 2 office buildings and 3 contracts that quarter (percentiles need 4); a blank means below that threshold, not zero.

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

Retail space on Jalan Besar

Street level · 2026Q3

25th pct

$5.45

$58.63 psm

Median

$7.09

$76.30 psm

75th pct

$7.86

$84.56 psm

S$ per sq ft per month · median -19.1% on a year earlier

2023Q4 · $64.22 psm2026Q3 · $76.30 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 8 retail

Region band · 2026Q3

25th pct

$6.30

$67.76 psm

Median

$8.25

$88.77 psm

75th pct

$9.03

$97.19 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 8 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 Tower

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 Tower

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 21 units for rent; 24 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 4 new listings appeared and 3 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, 0 new listings appeared and 3 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 Tower?

Key takeawayURA has approved 19 changes of use at Sim Lim Tower since 2000, most recently in 2026, and refused 6. 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.

29 Jun 2026ApprovedFloor 7
Change of use to commerical school
Proposed change of use of #07-XX to commerical school
19 Jun 2026Agency worksFloor 15
Change of use to commercial school
Lodgment for proposed use of units #15-XX, #15-XX, #15-XX and #15-XX as commercial school
22 Apr 2026RenewedFloor 5
Continued use as nightclub
Continued use of unit #05-XX as nightclub
9 Jan 2026Agency worksFloor 2
Change of use to commercial school
Lodgment for proposed use of unit #02-XX as commercial school
10 Dec 2025ApprovedFloor 6
Change of use to commercial school
Proposed change of use of unit #06-XX to commercial school
19 Sept 2025Agency worksFloor 12
Change of use to commercial school
Lodgment for proposed use of unit #12-XX as commercial school
29 Apr 2025RenewedFloor 5
Continued use as nightclub
Continued use of unit #05-XX as nightclub
13 Dec 2024Agency worksFloor 6
Change of use to commercial school
Lodgment for proposed use of unit #06-XX as commercial school
10 Oct 2024Agency worksFloor 2
Change of use to commercial school
Lodgment for proposed use of unit #02-XX as commercial school
29 Jul 2024RefusedFloor B1
Change of use to nightclub
Proposed change of use of unit #B1-XX to nightclub
18 Sept 2023ApprovedFloor 16
Change of use to event space
Proposed change of use of unit #16-XX to event space
3 Aug 2023RefusedFloor 16
Change of use to nightclub
Proposed change of use of unit #16-XX to nightclub

24 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 Jalan Besar price?

Key takeawayAcross 49 strata sales on Jalan Besar in the last 5 years, the median is $2,744 psf.

Strata sales on the street (5y)

Street median PSF (strata)

$2,744

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

What do commercial rents run near Sim Lim Tower?

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

Indicative area yield — District 8 retail

Gross yield (area)

3.6%

3.3% net of property tax

Rent side (median of bands)

$88.77 psm/mo

2026Q3

Price side (strata, 5y)

$2,744 psf

59 sales

An INDICATIVE AREA yield for District 8 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 8 ($ psm/month, 2026Q3)

Floor level · size band	25th pct	Median	75th pct
Level 2 & 3 · 30 & Below	$67.76	$96.11	$143.21
Level 1 · 30 & Below	$76.14	$92.59	$171.04
B1 & Below · 30 & Below	$90.68	$93.21	$137.37
Level 2 & 3 · >30 - 100	$46.15	$61.63	$86.96
Level 1 · >30 - 100	$73.94	$90.91	$97.19
B1 & Below · >30 - 100	$82.17	$88.77	$163.62
Level 1 · >100 - 300	$59.57	$69.55	$95.87
Level 2 & 3 · >100 - 300	$43.92	$47.03	$64.17

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 Tower right now?

Key takeaway45 units are currently listed at Sim Lim Tower — 24 for sale and 21 for rent. One row per unit; several agents often market the same unit.

For sale (24)

Sim Lim TowerS$120.00M · 38,000 sqft
Sim Lim TowerS$1.16M · 280 sqft
Sim Lim TowerS$1.20M · 378 sqft
Sim Lim TowerS$1.28M · 344 sqft

For rent (21)

Sim Lim TowerS$11k/mo · 2,390 sqft
Sim Lim TowerS$4k/mo · 800 sqft
Sim Lim TowerS$4k/mo · 400 sqft
Sim Lim Tower2 agentsS$4k/mo · 732 sqft

Browse every listing at this building →

What is near Sim Lim Tower?

Key takeawayThe nearest MRT/LRT is Jalan Besar MRT, about 168 m away — and 3 competing retail premisess operate nearby.

Getting around

Jalan Besar MRT168 m · ~3 min

Amenities nearby

Jln Besar Stn Exit A · 70 mEducational Institution · 99 mPlace Of Worship · 100 mJalan Besar MRT Exit A · 140 mTeleo Pte Ltd · 202 mHotel · 319 mRaffles Hospital · 429 mJalan Besar Community Club · 921 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 · 307 mSheng Siong Supermarket Pte Ltd · 385 mBugis+ · 470 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Sim Lim Tower

Key takeawayThe nearest station is Jalan Besar (DT22), 140 m away — a moderately busy station, with about 21,000 taps in and out on an average weekday. 55 public car parks are within 500 m; the cheapest URA season parking nearby is S$100 a month.

Foot traffic: busier than 91% of retail buildings

nearest MRT/LRT Jalan Besar (DT22) 140 m, about 21,000 taps a weekday; 7 more stations within 1 km; bus stops within 400 m: 11, about 28,000 taps a weekday; Rochor: 31,654 resident workers (Census 2020, by workplace); about 27,000 residents within 1 km (June 2026); 4 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

Jalan Besar (DT22)140 m · about 21,000 weekday taps
Rochor (DT13)176 m · about 22,000 weekday taps
Bugis (EW12 / DT14)323 m · about 109,000 weekday taps
Little India (NE7 / DT12)617 m · about 55,000 weekday taps
Bencoolen (DT21)665 m · about 20,000 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 Tower. Transfers between lines don't tap, so interchanges read low.

Bus

11 bus stops within 400 m, with about 28,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Backlane (Mayo St - Du Nlop St) (URA)67 m
Backlane (Dickson Rd - Dunlop St) (URA)72 m
Mayo St (URA)111 m
S$0.60 per half-hour at midday on a weekday · 35 car lots
Perak Rd (URA)193 m
S$0.60 per half-hour at midday on a weekday · 11 car lots
Backlane (Dickson Rd - Upp Weld Rd) (URA)205 m

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

Who's registered at Sim Lim Tower?

Key takeaway1,748 live companies (and LLPs and branches; sole proprietors are not counted) list Sim Lim Tower as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
510
Professional, scientific and technical services
284
Construction
236
Information and communications
179
Financial and insurance
153
Transportation and storage
102
Administrative and support services
92
Manufacturing
54
Accommodation and food services
47
Real estate
27

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.

What is Sim Lim Tower's BCA building profile?

BCA building type: Mixed Development
Green Mark: GoldPlus (2018)
Energy use intensity: 128 kWh/m²·yr

Frequently asked questions about Sim Lim Tower

Where is Sim Lim Tower?⌄

Sim Lim Tower is at 10 Jalan Besar, Singapore 208787, in the Rochor planning area.

What is Sim Lim Tower zoned as?⌄

Sim Lim Tower 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 Tower?⌄

Sim Lim Tower is freehold.

What have units at Sim Lim Tower sold for?⌄

Across 228 recorded transactions, the median price is S$1,839 psf. The latest was in May 2026.

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

Jalan Besar MRT is the closest, 168 m away (about a 3-minute walk).

How many businesses are registered at Sim Lim Tower?⌄

1,923 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

Year of completion is not on record for this building. Building age cannot be stated.

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.

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 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, CommercialGuru, 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.