Singapore conservation shophouses at Madras Street up for sale
The property sits on a land area of approximately 4,321 sq ft and has a total built-up area of around 9,054 sq ft.
A corner row of three adjoining two-storey conservation shophouses with mezzanine levels at 10 Madras Street has been launched for sale via an Expression of Interest (EOI), jointly announced by CBRE and Brilliance Capital, the exclusive marketing agents.
Located in the Little India Conservation Area, the property sits on a land area of approximately 4,321 sq ft and has a total built-up area of around 9,054 sq ft, featuring a dual frontage of approximately 42 metres along Madras Street and a rear service lane.
The EOI exercise will close on Tuesday, 2 September 2025, at 3 p.m.
The guide price for the asset is $20.5m, or about $2,264 per square foot (psf) on total floor area. The property is zoned for commercial use and is available to both local and foreign buyers, with no Additional Buyer’s Stamp Duty or Seller’s Stamp Duty applicable.
The property also offers potential for value enhancement, subject to regulatory approvals. Possibilities include converting the ground floor to restaurant use or repurposing the upper levels for co-living or student accommodation, given its proximity to institutions such as LaSalle College of the Arts, SOTA, and SMU.
The property is within walking distance of three MRT stations—Rochor, Jalan Besar, and Little India—and is well-connected via major roads and expressways, including the Central Expressway.