Freehold Conservation Shophouse With Hotel License

This three-storey Shophouse, located within the Little India Conservation Area, boasts a 38-meter dual-road frontage along Dunlop Street and Perak Street. It enjoys excellent connectivity, with four MRT stations—Rochor, Jalan Besar, Bugis Interchange, and Little India Interchange—all within walking distance, providing access to the Downtown, East-West, and North-East Lines.

The property sits on a approx, 2,600sq ft commercial site with permanent hotel approval. With a built-up area of 9,000 sq ft, the hotel houses 30 guest rooms and features a ground-floor restaurant.

“Boutique hotels priced under S$50 million are tightly held and rarely available for sale,” notes Daniel from ERG Singapore “Such assets are often seen as long-term wealth preservation opportunities with strong potential for capital appreciation. This property represents a rare acquisition opportunity in this space.”

Given its freehold status and prime city-fringe location, the property presents an attractive investment option. The new owner could explore value enhancement opportunities, such as converting the roof terrace on the third storey into additional guest rooms—subject to approvals—since the site falls under envelope control regulations.