407 Jalan Besar – Prime Commercial Property for Sale in Singapore

Singapore’s commercial real estate market remains one of the most dynamic and attractive in Southeast Asia. Among the most coveted addresses in the city-state, 407 Jalan Besar stands out for its premium location, high visibility, and diverse potential. Whether you’re a business owner, investor, or developer, this property offers a rare opportunity to own a piece of Singapore’s thriving commercial landscape.
Location Overview: Why Jalan Besar Matters
Jalan Besar, a vibrant district just minutes from the city centre, is steeped in history yet buzzing with modern commerce. Originally a key route connecting rural Singapore with the city, Jalan Besar has evolved into a hub for lifestyle businesses, creative agencies, boutique offices, and F&B establishments.
Positioned on the city fringe, it provides excellent connectivity to both the Central Business District (CBD) and popular residential areas like Little India, Lavender, and Kallang. The area is well-served by public transport, including Bendemeer and Jalan Besar MRT stations, making it a convenient choice for employees, customers, and suppliers.
Property Highlights: 407 Jalan Besar at a Glance
The property at 407 Jalan Besar is a freehold commercial unit, a status highly valued in land-scarce Singapore. Key attributes include:
- Land Area: Approximately 1,500 to 2,000 sqft (subject to verification)
- Zoning: Commercial use (under URA guidelines)
- Tenure: Freehold – rare in prime city-fringe areas
- Frontage: Wide and highly visible street-facing shopfront
- Accessibility: Near multiple MRT lines (Downtown and North-East Lines)
The property’s versatility makes it suitable for a range of uses—from retail and dining to creative spaces and even corporate headquarters for SMEs.
Investment Potential: A Strategic Asset
With Singapore’s limited land supply and strict planning regulations, freehold commercial properties are a scarce and appreciating asset. Jalan Besar is also undergoing urban rejuvenation, making it a strategic area for capital growth.
Investors will appreciate the:
- Consistent rental demand from SMEs, retailers, and food & beverage outlets
- Capital appreciation potential, especially as gentrification continues
- Low supply of freehold commercial units in central areas
- GST exemption for individual buyers (unlike some strata office purchases)
Data from URA shows a steady increase in commercial property prices over the past decade, especially in heritage-rich, centrally located areas like Jalan Besar.
Business Viability: Who Should Consider 407 Jalan Besar?
Given its location and property attributes, this site is ideal for
- Boutique retail brands looking for high street visibility
- Cafés or specialty restaurants targeting urban professionals and tourists
- Creative agencies and design studios wanting a trendy, centrally-located office
- Medical and wellness services such as dental clinics or physiotherapy
- Showrooms for electronics, fashion, or design
The area’s eclectic mix of heritage and contemporary businesses makes it attractive for lifestyle-driven commerce, especially with the influx of young professionals in nearby residential developments.
Surrounding Amenities and Infrastructure
407 Jalan Besar sits in the middle of a well-developed precinct, with amenities including:
- Hotels & Hostels: Parkroyal Kitchener, Hotel Boss, and numerous boutique accommodations
- Educational Institutions: NAFA (Nanyang Academy of Fine Arts), LASALLE, and schools
- Medical Facilities: Raffles Hospital, clinics, and wellness centres
- Shopping & Dining: City Square Mall, Mustafa Centre, and local eateries
- Cultural Attractions: Little India, heritage trails, and art spaces
The foot traffic is supported by both locals and tourists, creating a balanced demand for both essential services and leisure experiences.
Transportation and Connectivity
Accessibility is key to the value of any commercial property. 407 Jalan Besar scores high in this regard:
- Public Transport:
- Jalan Besar MRT (Downtown Line): 4-minute walk
- Farrer Park MRT (North East Line): 10-minute walk
- Bendemeer MRT (Downtown Line): 6-minute walk
- Numerous bus services along Jalan Besar Road
- By Car:
- Just a 10-minute drive to the CBD
- Quick access to PIE, CTE, and ECP expressways
- Availability of public car parks and on-street parking
Excellent connectivity enhances the property’s commercial appeal, especially for customer-facing businesses and logistics-heavy operations.
Market Comparisons and Recent Trends
Freehold commercial properties in Singapore’s central fringe districts have been in strong demand. Comparable listings in areas like Bugis, Little India, and Kitchener Road show:
- Price range: S$3,000 – S$5,000 per sqft (psf), depending on location and frontage
- Rental yields: Between 3% to 4.5%, depending on tenant type and lease structure
- Resale demand: High for units with MRT proximity and strong foot traffic
407 Jalan Besar offers competitive pricing, heritage appeal, and flexible use potential—an ideal combination that is increasingly rare in today’s market.
Conclusion
407 Jalan Besar is more than just an address; it’s a smart investment in one of Singapore’s most dynamic and evolving districts. With a freehold title, strong footfall, strategic positioning, and versatile usage options, this property presents a unique opportunity for both investors and business operators. Whether you’re looking to establish a flagship outlet, secure recurring rental income, or simply invest in a high-growth zone, this commercial unit ticks all the right boxes.
Opportunities like this do not come often. If you’re seeking a future-proof property with character, convenience, and commercial upside, 407 Jalan Besar is well worth your attention.
FAQs
1. Is 407 Jalan Besar a freehold property?
Yes, the property is freehold, making it highly valuable in Singapore’s market, especially for buyers seeking long-term security and appreciation potential.
2. What types of businesses are allowed at 407 Jalan Besar?
Being zoned for commercial use, the space is suitable for retail shops, F&B outlets, offices, medical clinics, showrooms, and more. Specific uses may be subject to URA guidelines and change of use applications.
3. How accessible is the location by public transport?
The property is within walking distance of 3 MRT stations (Jalan Besar, Farrer Park, and Bendemeer), and is well-connected by bus routes, making it convenient for both employees and customers.
4. Are there any renovation or fit-out restrictions?
As with most commercial properties, interior renovations must comply with BCA and URA regulations. Depending on the intended business use, fire safety, air-conditioning, and accessibility standards may also apply.
5. Can foreigners purchase this commercial property?
Yes, under Singapore law, foreigners can purchase commercial properties such as shop units and office spaces without needing approval from the Land Dealings Approval Unit (LDAU), unlike residential landed properties.
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