Freehold Retail Unit at Jalan Besar up for sale

The property, which has been approved for F&B use, has a guide price of $14.8m.

A freehold retail property at Jalan Besar, approved for F&B use, is up for sale for $14.8m, or $3,035 per square foot (psf) via expression of interest, Cushman & Wakefield (S) Pte Ltd.

The 4,876-square-foot strata-titled corner unit spans the ground and part of the second floor of a conservation building at Jalan Besar and Plumer Road.

Approved for food and beverage (F&B) use, it is zoned “Commercial,” allowing local and foreign ownership without Additional Buyer’s Stamp Duty or Seller’s Stamp Duty.

Cushman & Wakefield noted the guide price is below recent District 8 transactions, including ARC 380, where retail units sold between $3,737 and $3,975 psf in 2024, and a coffee shop unit at Hoa Nam Building that achieved $4,213 psf in 2022.

The property is within the Jalan Besar Conservation Area, a city-fringe location that continues to attract investor interest following recent mixed-use redevelopment projects. It is accessible via three MRT stations and major expressways.

The EOI closes on 21 November.

Follow the link for more news on

Cushman & Wakefield

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia