A rare and exclusive 3-storey Commercial Building in the Heart of the Chinatown Heritage District for Sale via Expression of Interest

Singapore, 2 July 2025 – CBRE, as the exclusive marketing agent, is pleased to offer for sale a rare and exclusive 3-storey commercial building at 13 Mosque Street (“the Property”). The sale will be conducted through an Expression of Interest exercise, which will close on Wednesday, 20 August 2025, at 3pm.

Strategically located within the core of the Chinatown Heritage District, the Property commands a prestigious District 1 commercial address and benefits from excellent frontage and visibility within Singapore’s most visited cultural precinct and high-traffic district. The asset occupies a land plot of approximately 1,315 sq ft and has a total floor area of around 3,083 sq ft. It will be sold with vacant possession, offering immediate flexibility and control for incoming buyers to either occupy or reposition the asset without delay. 

Based on recent surrounding sale transactions, the building could achieve a sale price of between S$10 and S$12 million. As it is a commercial property, foreigners will be eligible to purchase the Property with no Additional Buyer’s Stamp Duty (ABSD) or Seller’s Stamp Duty (SSD) imposed.

13 Mosque Street boasts an enviable location in one of Singapore’s key attractions for both locals and tourists. It is a short walking distance from major pedestrian thoroughfares such as Pagoda Street, Trengganu Street, and South Bridge Road — all of which form the heart of the Chinatown Street Market. The area continues to attract strong foot traffic, a trend expected to strengthen with the continued recovery of the tourism sector. According to the Singapore Tourism Board (STB), visitor arrivals in 2024 increased by 21% year-on-year and are forecast to grow further in 2025, supported by a robust lineup of international leisure and MICE events.



Mr. Clemence Lee (利伟强), Executive Director, Capital Markets, Singapore at CBRE, says, “13 Mosque Street presents a unique opportunity to acquire a prime commercial asset within a highly sought-after district. Its excellent location within a prominent tourist hub and compact scale makes it ideal for owner-occupiers, boutique real estate funds, family offices, and high-net-worth individuals. With the added benefit of full control upon acquisition, investors will be able to commence their repositioning strategy immediately.”

Versatile value-enhancement strategies can be implemented to unlock its full capital potential. Located along Mosque Street – a bustling thoroughfare known for its steady crowds and vibrant dining scene, the property is surrounded by a diverse mix of Chinese restaurants and eateries offering a wide array of East Asian cuisine. To capitalise on the area’s established F&B appeal, the ground floor space could potentially be converted to F&B use. Meanwhile, the upper floors may be reconfigured for other uses such as co-living facility or backpackers’ hostel, subject to approval from the relevant authorities, to cater to tourists in this prime central location. 

Mr. Lee adds, “Chinatown has evolved beyond its heritage roots to become one of Singapore’s most dynamic tourist destinations and a flourishing F&B haven, renowned for its eclectic mix of traditional eateries, contemporary dining concepts, and cultural charm. The precinct has seen a steady revival in recent years, attracting both locals and international visitors with its unique blend of history, cuisine, and attractions. This momentum is set to accelerate with the upcoming transformation of Smith Street, where the former Chinatown Food Street is being reimagined into a revitalised lifestyle corridor curated by the Chinatown Business Association. Anchored by notable F&B brands such as Boon Tong Kee, Starbucks, and Killiney Coffee, the street will also feature co-living spaces by Habyt and immersive cultural concepts like the Elegance of Nanyang studio. Additionally, the launch of lyf Chinatown by The Ascott Limited and Warees Investments will introduce a next-generation, 90-room co-living concept expected to inject fresh energy into the precinct. Together, these developments are poised to further cement Chinatown’s status as a must-visit cultural district and a thriving lifestyle destination within Singapore’s CBD.”
The Property is exceptionally accessible, being just a 2-minute walk from Chinatown MRT Interchange (North-East and Downtown Lines), and within walking distance of Telok Ayer MRT (8-mins) and Maxwell MRT (6-mins). It is also well-connected via major roads and expressways, including the Central Expressway (CTE) and Marina Coastal Expressway (MCE), enhancing accessibility from all parts of Singapore.