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FreeholdOutram Park MRT, about a 6-min walkWhole building, no MCST
District 2 · Bukit Pasoh Conservation Area · Shophouse

Teo Hong Road Shophouse

A freehold conservation shophouse on Teo Hong Road: 4,631 sqft built-up on 1,731 sqft of land.

S$27,999,999≈ S$16,176 psf land · ≈ S$6,046 psf built-upⓥ

📄 Download fact sheet (PDF)

Teo Hong Road Shophouse
Freehold
Tenure
3.5-storey shophouse
Building
~1,731 sqft
Land area
No MCST; tax 10% of AV
Running costs
~4,631 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$16,176 psf. Recent sales nearby: S$9,093 to S$17,089.

Actual caveats near the subject, median S$13,623 psf. See each sale. Source and date are with the table below.

S$27,999,999Teo Hong 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
🚇 Outram Park

🚌 Bus stops nearby:

  • Outram Pk Stn Exit 476m
    New Bridge Rd
    2125412412e143147190961961M
  • Opp Police Cantonment Cplx152m
    Cantonment Rd
    121167196
  • Aft Duxton Plain Pk157m
    New Bridge Rd
    21233546312412e143147190851961970147A851e961M
  • Bef The Pinnacle @Duxton161m
    Neil Rd
    61166197
Orchard🚇 17 min · 🚗 8 min (4 km)
SMU🚇 18 min · 🚗 4 min (2 km)
CBD (Raffles Place)🚇 23 min · 🚗 4 min (2 km)
NUS🚇 27 min · 🚗 9 min (7 km)
one-north🚇 28 min · 🚗 12 min (8 km)
Paya Lebar🚇 28 min · 🚗 15 min (8 km)
+6 more destinations
Mapletree Business City🚇 29 min · 🚗 12 min (6 km)
Jurong East🚇 32 min · 🚗 18 min (14 km)
Changi Airport🚇 49 min · 🚗 28 min (22 km)
Changi Business Park🚇 51 min · 🚗 26 min (20 km)
SUTD🚇 54 min · 🚗 27 min (20 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)
Teo Hong Road — this listingAdvertisedFreehold~S$16,176
Teo Hong RoadOct 2021FreeholdS$9,093
Keong Saik RoadJun 2026FreeholdS$12,715
Keong Saik RoadMay 2026FreeholdS$17,089
Keong Saik RoadJul 2023FreeholdS$14,531
Keong Saik RoadDec 2022FreeholdS$15,591
Keong Saik RoadDec 2021FreeholdS$12,155

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$16,176 psf of land is within the recent Keong Saik freehold range (S$12,155–17,089) and above the last Teo Hong Road sale (S$9,093, Oct 2021).

The numbers that matter

What you'll actually pay

Purchase priceadvertised (Clifton Partners list, 1 Oct 2026)
S$27,999,999
Buyer's Stamp Dutynon-residential rates (IRAS), computed 27 Oct 2026, on S$27,999,999
≈ S$1,369,599
ABSDRestaurant and office approvals, 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$2,520,000 if it applies
Legal feesyour conveyancing lawyer's quote
not included
Indicative all-in + legal/valuation
≈ S$29,369,598 (+ S$2,520,000 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
≈30,567 weekday commuters pass within 400 m (17 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 · ~806m 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 · ~921m 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
~438m away
NEWPORT RESIDENCES · MARCH 2030 · City Developments Limited
~829m away
UNION SQUARE RESIDENCES · Q1 2029 · City Developments Limited
~1.0km away
CANNINGHILL PIERS · 30/06/2027 · CapitaLand Limited, City Developments Limited
~1.0km away
THE ROBERTSON OPUS · Q4 2028 · Frasers Property Limited
~1.3km away
ZYON GRAND · 2032 · City Developments Limited, Mitsui Fudosan
~1.5km away
+3 more within 2km
PROMENADE PEAK · 2031 · Allgreen Properties Limited
~1.6km away
RIVER MODERN · 2030 · Guocoland (Singapore) Pte Ltd
~1.7km away
RIVER GREEN · 30 JUNE 2030 · Wing Tai Holdings Limited
~1.7km 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:
Craig Road · S$29,999,999
~247m away · resale alternative
Mosque Street · S$27,999,999
~593m away · resale alternative
Stanley Street · S$24,999,999
~762m 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$16,176 psf of land is within the recent Keong Saik freehold range (S$12,155–17,089) and above the last Teo Hong Road sale (S$9,093, Oct 2021).
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$5,599,999 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): restaurant on the 1st storey (temporary permission to 16 Jan 2027); office on the 2nd, 3rd storey and mezzanine (approved Feb 2008, no expiry). Other uses need a change-of-use application, not guaranteed. 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

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中文版计算器 · Calculators in English

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