14/04/2026
A freehold conservation shophouse in Little India just hit the market at $10.5 million.
The three-storey corner property sits at the junction of Jalan Besar and Desker Road, with a site area of approximately 1,315 sq ft and an estimated gross floor area of 3,945 sq ft at $2,661 psf.
It is fully tenanted, meaning a buyer collects rental income from day one. Zoned for commercial use, the property is also open to foreign and corporate buyers without ABSD.
At $10.5 million, the asking price sits slightly above 66.7% of all Singapore shophouse transactions over the past decade, most of which fell between $5 million and $10 million.
District 8 closed out 2025 with 24 shophouse deals totalling $183 million, and seven of those came in the final quarter alone.
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