Sims Urban Oasis
The asset
A one-bedroom penthouse at Sims Urban Oasis with a loft built into its high ceiling, which the listing describes as the strata air space fully used, about 450 m and five minutes on foot from Aljunied MRT. The 581 sqft unit has been fully renovated, with the main door facing south-east and the balcony north-west, and the maintenance fee is about $258 a month. Sims Urban Oasis is GuocoLand’s 1,024-unit development at Sims Drive, completed in 2017, with two 50-metre pools, a gym and a rooftop sky park, on the fringe of the city with a food centre nearby. Asking $1,080,000, about $1,859 psf, partially furnished. Marketed by Evelyn Ng of The Property Collective, CEA R006601C.
Evelyn Ng holds this listing for the team because it fits the brief of an asset-progression buyer: durable fundamentals, a defensible location, and an entry that compounds rather than flips. A short call will tell us whether it fits where you are.
How we'll handle it