Featured Transaction: Restored Corner Shophouse HQ in Little India (Pre-Refurbishment Commitment)
A beautifully restored corner shophouse, spanning multiple conserved units, has been successfully transacted in a prime Little India conservation precinct—an exceptional outcome and testimonial to the enduring appeal of heritage architecture.
Key Highlights
Fully Restored Heritage Charm
This exquisite property comprises three adjoining two‑storey conservation shophouses with mezzanine—meticulously preserved to retain original architectural details while modernized for contemporary use.
+4Facebook+4EdgeProp+4Telegram+8Singapore Business Review+8cbre.com.sg+8Corner Position & Dual Frontage
Nestled at a prominent corner plot, the property boasts approximately 4,321 sq ft of land and about 9,054 sq ft gross floor area. It features an impressive 42‑metre dual frontage—ensuring excellent visibility and presence.
Singapore Business Review+1Grade Investment with Income Sustainability
Offered at a guide price of S$20.5 million, which translates to approximately S$2,264 psf, this asset attracted strong investor interest, backed by a stable, high‑quality tenant covenant.
Singapore Business Review+1Versatile Zoning & Redevelopment Potential
Visibly zoned for “Commercial” use within the conservation area, the property allows for flexible repositioning—subject to regulatory approval. Potential conversions include ground-floor F&B use, and upper-floor co‑living or student housing.
Singapore Business Review+1Exceptional Connectivity & Future Upside
Located within walking distance of three MRT stations—Rochor, Jalan Besar, and Little India—and well-linked by major roads and expressways. The upcoming North‑South Corridor (NSC) is expected to further enhance connectivity and precinct vibrancy by 2029.
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Why This Matters
This transaction underscores the unique appeal and value of heritage shophouse HQ spaces. Beyond their architectural legacy and prestige, such assets stand out as excellent investment opportunities—rare in supply, backed by strong tenant demand, and positioned for long-term appreciation.
By facilitating this transaction, we matched a premium property with the right vision and strategy, ensuring it continues to perform not only as a prestigious headquarters but also as a solid, income-generating investment asset.
