This rebuilt shophouse in Little India combines immediate rental income with long-term upside in a tightly held district. (Photo: Samuel Isaac ChuaEdgeProp Singapore)
A conserved shophouse within the wider Little India precinct has been put on the market with an asking price of $13.8 million (negotiable). The 2½-storey property with an attic sits on a freehold land parcel of about 1,700 sq ft and offers a built-up area of approximately 4,000 sq ft. Positioned within full commercial zoning, the asset is open to both local and foreign buyers, widening its investment appeal.
While the site traces its origins back to one of Singapore’s early land allocations, the current building is a relatively modern reconstruction completed about 26 years ago. The owner, a contractor by trade, undertook a full rebuild rather than a cosmetic renovation. Structural beams, foundations and the attic were re-engineered with a clear objective: to future-proof the asset.
Located near Jalan Besar MRT Station, the property benefits from strong tourist and local footfall in a tightly held enclave. (Photo: Samuel Isaac Chua/EdgeProp Singapore)
The listing is exclusively represented by PropNex associate group director Maureen Kang, who has over 15 years of experience advising high-net-worth clients on commercial and residential assets. Previously a legal adviser in a multinational technology company, her background in corporate law brings a structured approach to complex transactions.
“This is not a typical conservation play,” says Kang. “The owner rebuilt the entire structure with foresight, reinforcing beams, foundations and even the attic to anticipate future plot ratio changes. For the buyer, that means real flexibility to reconfigure or expand without heavy structural work.”
The property is currently partially tenanted, with the ground floor generating rental income, offering both income continuity and a degree of operational stability. This combination of holding income and asset enhancement potential is rare within the conservation shophouse segment.
The property offers flexibility for future reconfiguration, or expansion without major structural overhaul (Photo: Samuel Isaac Chua]/EdgeProp Singapore)
Location remains a key driver. Situated on the fringe of Little India, the property is within walking distance of Jalan Besar MRT station and is surrounded by a dense mix of eateries, offices and retail activity. The area continues to see steady footfall from both locals and tourists, supporting a wide range of commercial uses, from F&B to boutique retail and wellness concepts.
Shophouses in this enclave are tightly held. Transactions are infrequent, and supply is structurally limited. Even in active markets, such assets rarely come up for sale unless owners choose to exit.
The freehold asset sits on about 1,700 sq ft of land, with approximately 4,000 sq ft of built-up space (Photo: Samuel Isaac Chua/EdgeProp Singapore)
“You can have the capital ready, but opportunities like this do not surface often,” Kang notes. “These are legacy assets in a heritage district. When they do come to market, it is usually a deliberate release, not a forced sale.”
For the right buyer, the proposition is straightforward.
“You are acquiring a freehold commercial shophouse in a prime city-fringe district, with immediate rental income, a structurally upgraded building and clear upside,” Kang adds.
The Hindoo Road asset checks all three boxes in a segment where heritage, location and flexibility drive value.
For more information,
Contact Maureen Kang｜98368626
Associate Group Director (R229811Z)
PropNex Realty Pte. Ltd.