Savills Singapore has announced the sale of a rare two-storey freehold commercial shophouse at 405 Jalan Besar through an Expression of Interest (EOI) exercise, closing on 27 August 2026. This property, located in one of Singapore’s vibrant city-fringe precincts, is fully tenanted and offers immediate rental income, making it an attractive investment.
The shophouse, with a land area of approximately 1,723 square feet, is zoned “Commercial” under the URA Master Plan 2025. It benefits from strong street frontage and high foot traffic, situated in a neighbourhood known for its heritage shophouses, trendy cafés, and boutique hotels. The property’s existing food and beverage (F&B) approval is a significant advantage, as planning controls on new F&B uses in shophouse precincts have become more restrictive.
Nick Chan, Associate Director of Investment Sales & Capital Markets at Savills Singapore, highlighted the scarcity of such opportunities, stating, “405 Jalan Besar offers investors and owner-occupiers a unique chance to secure a highly visible commercial asset within a rejuvenated precinct.”
The property is conveniently located near Bendemeer and Farrer Park MRT stations, providing excellent accessibility to key areas such as the Central Business District and Marina Bay. It is also close to amenities like City Square Mall and Mustafa Centre.
Foreign investors can acquire the property without incurring Additional Buyer’s Stamp Duty or Seller’s Stamp Duty, enhancing its appeal. Priced at S$8.5m, the shophouse presents a rare opportunity for long-term growth and operational flexibility in a dynamic area.
