← All listings
99-yr leasehold, ~61 yrs leftTanjong Pagar MRT, about a 5-min walkWhole building, no MCST
District 2 · Tanjong Pagar Conservation Area · Shophouse

Craig Road Shophouse

A 99-yr leasehold conservation shophouse on Craig Road: 7,379 sqft built-up on 3,115 sqft of land.

S$29,999,999≈ S$9,631 psf land · ≈ S$4,066 psf built-upⓥ

📄 Download fact sheet (PDF)

Craig Road Shophouse
99-yr leasehold from 1988, about 61 years left
Tenure
Pair of 2-storey shophouses
Building
~3,115 sqft
Land area
No MCST; tax 10% of AV
Running costs
~7,379 sqft
Built-up
D2
District

Tenure = how long you legally own the property (e.g. Freehold, or a 99-year lease).

The price, in context

Asking S$9,631 psf. Recent sales nearby: S$5,421 to S$9,623.

Actual caveats near the subject, median S$6,884 psf. See each sale. Source and date are with the table below.

S$29,999,999Craig Road Shophouse
What makes it rare

Why this one

Why the address

Why the address

Tap a category to see just those pins on the map.

OneMap-routed distances/times; ratings via Google Places, indicative and subject to change.

Getting there

MRT, bus and commute times

~5min walk
🚇 Tanjong Pagar
SMU🚇 15 min · 🚗 5 min (3 km)
Orchard🚇 19 min · 🚗 8 min (4 km)
CBD (Raffles Place)🚇 20 min · 🚗 4 min (2 km)
Paya Lebar🚇 24 min · 🚗 16 min (12 km)
NUS🚇 28 min · 🚗 10 min (8 km)
one-north🚇 28 min · 🚗 12 min (9 km)
+6 more destinations
Jurong East🚇 31 min · 🚗 18 min (14 km)
Mapletree Business City🚇 32 min · 🚗 12 min (6 km)
Changi Airport🚇 46 min · 🚗 28 min (23 km)
Changi Business Park🚇 47 min · 🚗 26 min (20 km)
SUTD🚇 48 min · 🚗 27 min (21 km)
NTU🚇 68 min · 🚗 29 min (22 km)

Times are indicative — weekday 08:30 for public transport (OneMap routing); drive times are off-peak, no live traffic — both vary with actual conditions.

Price evidence

Recent comparable sales

Actual caveats near the subject — verify on URA REALIS.
StreetSoldTenurepsf (land)
Craig Road — this listingAdvertised99-yr~S$9,631
Tanjong Pagar RoadSep 202699-yrS$7,632
Tanjong Pagar RoadMay 202699-yrS$6,268
Tanjong Pagar RoadJan 202499-yrS$5,421
Tanjong Pagar RoadAug 202399-yrS$9,623
Duxton RoadFeb 202399-yrS$5,828
Duxton RoadApr 202299-yrS$7,499

Shophouse sales are recorded per sqft of LAND (URA commercial transactions e-service, checked 27 Oct 2026). Caveats do not record condition, frontage or approved uses, so the spread is wide. Buyers should verify. This listing: the asking ~S$9,631 psf of land is above the Tanjong Pagar Road 99-year median (S$7,632, 11 sales since Oct 2021) on a plot about twice their size.

The numbers that matter

What you'll actually pay

Purchase priceadvertised (Clifton Partners list, 1 Oct 2026)
S$29,999,999
Buyer's Stamp Dutynon-residential rates (IRAS), computed 27 Oct 2026, on S$29,999,999
≈ S$1,469,599
ABSDApproved as office throughout, no residential floor (URA SPACE), so ABSD is not expected (lawyer to confirm)ⓥ
S$0 expected
GST9% of price, payable only if the seller is GST-registered (being confirmed)ⓥ
+ S$2,700,000 if it applies
Legal feesyour conveyancing lawyer's quote
not included
Indicative all-in + legal/valuation
≈ S$31,469,598 (+ S$2,700,000 if GST applies)

Indicative only — confirm stamp duty, GST & apportionment with your lawyer / IRAS.

Why here

What is planned around this address

Published government plans near this property — the facts, with sources. What they mean for value is a question worth asking.

Footfall at the door
≈10,731 weekday commuters pass within 400 m (12 bus stops · LTA passenger volume 202606)
Street-level demand a retail or F&B tenant pays for — so where does that put the rent this unit can command?
🏗️ Development pipeline within 1km
Government land released for future development near this address:
Telok Ayer Street ↗ (opens in new tab) · Hotel (URA GLS · Reserve)
Site released for future development · Available for application · ~0.41ha · plot ratio 7.0 · ~724m away
Cross Street ↗ (opens in new tab) · Residential (URA GLS · Reserve)
Site released for future development · Available for application · ~0.23ha · plot ratio 6.3 · ~813m away
Source: URA Government Land Sales & JTC Industrial GLS programmes. A new site within 1km can lift the area and/or add future supply — factual pipeline, not a forecast.
🏗️ New developments within 2km — the growth signal
New-launch projects near this address:
TMW MAXWELL · 30 JUNE 2028 · Chuan Holdings Limited, Chip Eng Seng Corporation Limited / CEL, SingHaiyi Group Limited
~264m away
NEWPORT RESIDENCES · MARCH 2030 · City Developments Limited
~524m away
CANNINGHILL PIERS · 30/06/2027 · CapitaLand Limited, City Developments Limited
~1.3km away
UNION SQUARE RESIDENCES · Q1 2029 · City Developments Limited
~1.3km away
THE ROBERTSON OPUS · Q4 2028 · Frasers Property Limited
~1.6km away
ZYON GRAND · 2032 · City Developments Limited, Mitsui Fudosan
~1.8km away
+3 more within 2km
PROMENADE PEAK · 2031 · Allgreen Properties Limited
~1.9km away
RIVER MODERN · 2030 · Guocoland (Singapore) Pte Ltd
~2.0km away
RIVER GREEN · 30 JUNE 2030 · Wing Tai Holdings Limited
~2.0km away
Source: PropNex new-launch project feed, developer-declared TOP/units. A launch within 2km is a growth signal, not a price forecast for this property.
🏠 Resale alternatives within 2km
Live resale listings near this address, for comparison:
Teo Hong Road · S$27,999,999
~356m away · resale alternative
Stanley Street · S$24,999,999
~602m away · resale alternative
Mosque Street · S$27,999,999
~721m away · resale alternative

URA retail price index sat at 105.5 in Q3 2026 (+1.1% QoQ, +5.8% YoY) (URA via data.gov.sg).

URA retail rental index printed 81.2 in Q3 2026 (+1.4% YoY) (URA via data.gov.sg).

SingStat's Retail Sales Index printed 102.6 in Aug 2026 (+0.7% YoY).

Outram has an estimated ~5,100 resident households (~200 condo) (SingStat GHS 2025).

General market information on this page was last updated on 1 Nov 2026.

Straight talk

Objections, turned around

The real number, what it means here, and the question it leaves you with.

“Shophouses here sell for less per sqft of land”
URA caveats: The asking ~S$9,631 psf of land is above the Tanjong Pagar Road 99-year median (S$7,632, 11 sales since Oct 2021) on a plot about twice their size.
Is it the land you are buying, or the building and what it is approved to run?
"Why not just buy a residential property instead?"
A Singapore Citizen's 2nd residential property at this price pays S$5,999,999 in ABSD (IRAS rates as of 2026-10-21); this listing pays S$0.
Would you rather hand that to IRAS, or put it into the asset?
Straight answers

The questions buyers actually ask

Including the trade-offs — buy with eyes open.
What can I run here?
URA SPACE (checked 27 Oct 2026): office approved on the 1st storey, 2nd storey and mezzanine (13 Nov 2024, no expiry). Restaurant, shop, clinic, gym or hotel need a change-of-use application; bars, nightclubs and spas are not allowed. Uses not on record need a URA change-of-use application and are not guaranteed.
Can I see inside before booking a viewing?
Yes. The seller's agent has a 3D tour; Andrea sends the link once you book a viewing.
Why is there no rent or yield on this page?
The current tenancy and rent are not on file yet. Andrea shares them at the viewing once the seller's agent confirms them.

Indicative answers; confirm figures with your lawyer, URA and IRAS.

Continue exploring

Also available

Not quite the one? A few more from the current collection in a similar bracket — happy to walk you through any of them.

How this listing was prepared

Priced and checked against official data

✔
Transacted compsBenchmarked to real caveats.
✔
Stamp duty modelledBSD & GST as applicable, set out up front.
✔
Official public dataURA Master Plan, LTA, OneMap & data.gov.sg.
✔
Verified salespersonSearch 9693 7787 on the CEA Public Register.
The buying roadmap

What happens — and what you pay, when

For buyers who haven't transacted before: the resale journey, stage by stage.

1
Option to Purchase (OTP)
Day 0
1%option fee
2
Exercise the OTP
Within ~14–21 days
+4%deposit to 5%
3
Stamp duty
Within 14 days of exercising
BSD+ ABSD/GST if applicable — see estimator
4
Completion
~8–12 weeks
Balance (about 95%)paid by bank loan plus cash (CPF cannot be used for non-residential property)
Haven't got your loan In-Principle Approval? Get the IPA first so your offer is real — I'll connect you to a banker. Arrange my IPA

💾 Download fact sheet (PDF)

Indicative for a non-residential resale purchase — GST timing and any ABSD depend on the specific unit; see the numbers section above. Confirm with your lawyer.

AG
Andrea Goh · PropNex Realty Pte Ltd (Licence No. L3008022J) · CEA R000289H
Priced and checked against official URA data — transacted comparables, stamp duty, and (where applicable) per-level approved use. No lead auction.
🔔 Alert me
Before you decide
→ Stamp duty (BSD + GST)→ Yield on this one→ Is my trade allowed here?→ Buyer guide→ Buyer checklist

Investor Numbers Pack. A named report with your numbers — no pitch, no obligation.

Send me the Investor Numbers Pack

中文版计算器 · Calculators in English

Own a shophouse, industrial unit or home?

Get this same analysis for your property — free

Per-level use, transacted comparables, stamp-duty and yield — the way this page was built. No obligation.

Ask Andrea Goh for my property report

Plan