← All listings
FreeholdJalan Besar MRT, about a 6-min walkWhole building, no MCST
District 8 · Desker Road Conservation Area · Shophouse

Maude Road Shophouse

A freehold conservation shophouse on Maude Road: 4,898 sqft built-up on 1,334 sqft of land.

S$19,999,999≈ S$14,993 psf land · ≈ S$4,083 psf built-upⓥ

📄 Download fact sheet (PDF)

Maude Road Shophouse
Freehold
Tenure
3 storeys + 4-storey rear
Building
~1,334 sqft
Land area
No MCST; tax 10% of AV
Running costs
~4,898 sqft
Built-up
D8
District

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

The price, in context

Asking S$14,993 psf. Recent sales nearby: S$4,458 to S$5,889.

Actual caveats near the subject, median S$5,534 psf. See each sale. Source and date are with the table below.

S$19,999,999Maude 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

~6min walk
🚇 Jalan Besar

🚌 Bus stops nearby:

  • Aft King George's Ave106m
    Kitchener Rd
    130
  • Bef Tai Hoe Hotel179m
    Kitchener Rd
    2112513014121A
  • Aft Allenby Rd261m
    Jln Besar
    23646567130139147857147A857B
  • Opp Veerasamy Rd270m
    Jln Besar
    23646567130139147857147A857B
CBD (Raffles Place)🚇 16 min · 🚗 8 min (4 km)
Paya Lebar🚇 19 min · 🚗 10 min (5 km)
SMU🚇 21 min · 🚗 3 min (2 km)
Orchard🚇 28 min · 🚗 9 min (5 km)
NUS🚇 36 min · 🚗 15 min (11 km)
one-north🚇 38 min · 🚗 18 min (12 km)
+6 more destinations
Mapletree Business City🚇 40 min · 🚗 18 min (10 km)
Changi Airport🚇 40 min · 🚗 25 min (19 km)
SUTD🚇 41 min · 🚗 23 min (16 km)
Jurong East🚇 43 min · 🚗 24 min (18 km)
Changi Business Park🚇 45 min · 🚗 23 min (17 km)
NTU🚇 78 min · 🚗 32 min (25 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)
Maude Road — this listingAdvertisedFreehold~S$14,993
Maude RoadApr 2023FreeholdS$5,889
Maude RoadNov 2021FreeholdS$4,458
Rowell RoadMay 2026FreeholdS$5,502
Rowell RoadDec 2025FreeholdS$5,567
Jalan BesarSep 2025FreeholdS$5,723
Desker RoadJan 2025FreeholdS$4,566

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$14,993 psf of land is about 2.5–3 times nearby sales (S$4,458–5,889); the price rests on the rebuilt 4-storey rear extension (4,898 sqft built-up, about S$4,083 psf).

The numbers that matter

What you'll actually pay

Purchase priceadvertised (Clifton Partners list, 1 Oct 2026)
S$19,999,999
Buyer's Stamp Dutynon-residential rates (IRAS), computed 27 Oct 2026, on S$19,999,999
≈ S$969,599
ABSDNo residential floor in the approvals on record, so ABSD is not expected (being confirmed)ⓥ
S$0 expected
GST9% of price, payable only if the seller is GST-registered (being confirmed)ⓥ
+ S$1,800,000 if it applies
Legal feesyour conveyancing lawyer's quote
not included
Indicative all-in + legal/valuation
≈ S$20,969,598 (+ S$1,800,000 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
≈9,726 weekday commuters pass within 400 m (4 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?
What is planned nearby (facts, not a forecast)
Kampong Bugis · 2020s onwards
A new car-lite waterfront housing precinct along the Kallang River, around 4,000 homes.
Source: URA
Kallang Alive · 2020s onwards
Redevelopment around the Sports Hub — a new indoor arena plus sports & lifestyle uses. Personal view, not financial advice — subject to URA/SportSG's own approval and timeline.
Source: URA / SportSG
Thomson-East Coast Line (East) · Stages through 2026
New rail along the eastern corridor — Marine Parade, Marine Terrace, Siglap, Bayshore and Bedok South.
Source: LTA
Health City Novena · Rolling build beyond 2030
A 17-ha integrated healthcare campus around Tan Tock Seng Hospital. Already open: the National Centre for Infectious Diseases (2019), the Centre for Healthcare Innovation (2019), the National Skin Centre expansion (2023) and the 608-bed Integrated Care Hub (2023). Next: the TTSH Medical Tower (~600 acute beds), launched Sep 2025 and completing after 2030 — a large, appointment-driven daytime catchment of clinicians, students, patients and visitors that a hospital campus cannot fully absorb on-site.
Source: MOH / TTSH (Sep 2025)
Sourced from URA / LTA / HDB plans — not a price forecast. Ask Andrea what it means for this address.
🏗️ Development pipeline within 1km
Government land released for future development near this address:
Kitchener Link ↗ (opens in new tab) · Residential (URA GLS · Reserve)
Site released for future development · Available for application · ~0.42ha · plot ratio 3.0 · ~331m 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:
CT HUB · TOP OBTAINED · CHIU TENG @ KALLANG PTE LTD
~705m away
THE GOLDEN MILE · Q4 2028 · GMC Property Pte. Ltd.
~998m away
AUREA · Q2 2029 · Far East Organisation, SINO Group, Perennial Holdings
~1.0km away
DUET @ EMILY · 2028 · ZACD Group
~1.1km away
FORTUNE CENTRE · 1980
~1.1km away
ONE SOPHIA · 31 DEC 2032 · SingHaiyi Group Limited
~1.2km away
+4 more within 2km
THE COLLECTIVE AT ONE SOPHIA · 31 DEC 2032 · Ultra Infinity, SingHaiyi Group Limited, Chip Eng Seng Corporation Limited / CEL
~1.2km away
SOPHIA REGENCY · 2025 · Dong Ya Xing Hua
~1.2km away
SOPHIA MEADOW · 30TH NOV 2029 · Sin Thai Hin Holdings
~1.4km away
THE ARCADY AT BOON KENG · 31 DECEMBER 2028 · KSH Holdings, SLB Development Ltd, H10 Holdings Pte. Ltd
~1.8km 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:
Belilios Lane · S$6,299,999
~712m away · resale alternative
City Gate Shoppes · From S$1,258,400 per unit · ≈S$70.2M for all 31 units
~812m away · resale alternative
Balestier Point Shops · From S$1,479,999 per unit · 6 units, S$1,715–S$3,500 psf
~1.8km 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).

Kallang has an estimated ~39,200 resident households (~8,600 condo, ~400 landed) (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$14,993 psf of land is about 2.5–3 times nearby sales (S$4,458–5,889); the price rests on the rebuilt 4-storey rear extension (4,898 sqft built-up, about S$4,083 psf).
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$3,999,999 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 planning decisions on record: 3-storey conservation front plus a 4-storey rear extension (approved 2022, amended Sep 2024); restaurant on the 1st and 2nd storeys (temporary permission, renewed 7 Jul 2026); office on the 3rd and 4th storeys. 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