Savills Singapore is pleased to launch the sale of 405 Jalan Besar, a rare two-storey freehold commercial conservation shophouse, via an Expression of Interest (EOI) exercise, which closes on 27 August 2026, Thursday, at 3pm.
Prominently situated along Jalan Besar, one of Singapore's most vibrant and rapidly evolving city-fringe commercial and lifestyle precincts, the property enjoys strong street frontage, excellent visibility and high pedestrian and vehicular traffic. The neighbourhood has undergone significant revitalisation in recent years, emerging as a sought-after destination comprising heritage shophouses, trendy cafés, destination restaurants, boutique hotels, commercial developments and lifestyle concepts.
The freehold asset sits on a land area of approximately 1,723 sq ft and is zoned "Commercial" under the URA Master Plan 2025 with a plot ratio of 3.0. The property is fully tenanted and generates immediate rental income, offering investors both income stability and future asset enhancement potential.
A key highlight of the property is its existing F&B approval, a highly sought-after attribute given the increasingly restrictive planning controls on new F&B uses within many shophouse precincts. The property is located outside the designated Jalan Besar and Little India F&B Restriction Zone and currently benefits from a ground-floor restaurant approval. Additionally, there is potential for upper-floor F&B use, subject to relevant authority approvals and prevailing regulations.
The property further presents an opportunity for future value creation through the construction of a rear extension, subject to approvals, thereby potentially increasing the total floor area.
Mr. Nick Chan, Associate Director, Investment Sales & Capital Markets, Savills Singapore, said, "Opportunities to acquire freehold commercial shophouses with existing F&B approvals in city-fringe locations are increasingly scarce. 405 Jalan Besar offers investors and owner-occupiers a unique chance to secure a highly visible commercial asset within a rejuvenated precinct that continues to benefit from strong occupier demand, lifestyle-driven footfall and ongoing gentrification."
“The property's full commercial zoning, existing income stream, F&B approval and future asset enhancement opportunities make it an attractive proposition for a broad spectrum of buyers, including local and foreign investors, family offices, owner-occupiers and hospitality or lifestyle operators seeking a strategic foothold in the Jalan Besar district," she added.
Conveniently located approximately 500 metres from Bendemeer MRT Station and 800 metres from Farrer Park MRT Station, the property enjoys excellent accessibility to the CBD, Marina Bay, Bugis and Orchard Road. Nearby amenities include City Square Mall, Mustafa Centre, Centrium Square, ARC 380 and Aperia Mall, alongside a growing cluster of cafés, restaurants, hotels and co-living operators.
As a fully commercial property, foreign purchasers are eligible to acquire the asset without Additional Buyer's Stamp Duty (ABSD) or Seller's Stamp Duty (SSD), further enhancing its appeal to international investors.
The sale of 405 Jalan Besar presents a rare opportunity to acquire a freehold commercial shophouse with immediate income, operational flexibility and long-term growth potential within one of Singapore's most dynamic heritage and lifestyle precincts. Offered at S$8.5 million via an Expression of Interest (EOI) exercise, the property presents an attractive entry quantum in a tightly held commercial market.
Expression of Interest
The Expression of Interest exercise for 405 Jalan Besar will close on 27 August 2026, Thursday, at 3pm.