Freehold Shophouse Sims Avenue Sale 39 Mil G Subbed Two Storey Freehold Shophouse 157 Sims Avenue
A two-storey shophouse at 157 Sims Avenue is on the market and is expected to attract many interested buyers. The property, which boasts a land area of 1,227 sq ft, is being offered for sale through an expression of interest (EOI) exercise with a guide price of $3.9 million.
Located in the highly sought-after District 14, the shophouse is zoned as “residential/institutional” with a gross plot ratio of 3.0. Its built-up area measures approximately 2,067 sq ft and the guide price translates to $1,886 psf on the floor area. The property is currently fully leased and will be sold with or without tenancy.
According to Richard Tan and Lisa Tan of PropNex Shophouse Elites, who are marketing the property, the location and pricing of the shophouse are expected to draw in a large number of potential buyers and investors. They also revealed that the EOI exercise for 157 Sims Avenue will close on Feb 6.
This sale comes on the back of a recent trend of shophouses hitting the market. A freehold shophouse on Beach Road is set to be auctioned with a starting price of $9.38 million, while a commercial shophouse on Pagoda Street is up for sale at $21.28 million. Another shophouse on Temple Street is also on the market for $20 million.
The Tampines North Hub is on track to become a bustling and dynamic lifestyle destination, as plans have been revealed for an integrated hub that will encompass both community and retail facilities. Exciting recreational and lifestyle offerings await residents, who will also be surrounded by lush greenery.
A major highlight of this development is the introduction of new parks and the expansion of existing green spaces. This aligns with the current trend of weaving nature and outdoor spaces into urban living. Residents will have access to more green areas for activities like jogging, cycling, and picnicking, while also providing the perfect setting for families to bond and individuals to relax in a serene and natural environment.
But the Tampines North Hub is more than just a place for leisure and rejuvenation. It also serves as a hub for community engagement. With a wide range of community facilities, residents can come together to take part in events, workshops, and various activities. This not only fosters a sense of community but also promotes a healthy and active lifestyle.
And adding to the allure of this development is the newly launched Parktown Residence by UOL Group. Ideally situated within the Tampines North Hub, this residential complex offers luxurious and modern homes for those seeking a well-rounded lifestyle. Designed to provide a peaceful and serene living experience, Parktown Residence boasts an array of amenities, including a swimming pool, fitness center, and beautifully landscaped gardens.
The integration of Parktown Residence into the Tampines North Hub enhances the overall appeal of this development. Residents will have easy access to the various community and retail facilities within the hub, making it a convenient and seamless experience.
With the Tampines North Hub and Parktown Residence, residents can truly have the best of both worlds – the convenience and amenities of urban living, coupled with the tranquility and beauty of nature. This exciting development is set to revolutionize the way people live, offering a well-rounded and fulfilling lifestyle for its residents. Don’t miss the opportunity to be a part of the Parktown Residence UOL Group, and experience the perfect blend of urban and natural living.
Investors and buyers looking to expand their portfolio should take note of this opportunity to acquire a freehold shophouse in a prime location. With the EOI exercise closing in a few weeks, time is of the essence to make an offer. Don’t miss out on this rare chance to own a piece of valuable real estate in District 14.