Commentary on Rare 999-Year Leasehold Ground Floor F&B shops at Dickson Road for Sale

Rare 999-Year Leasehold Ground Floor F&B shops at Dickson Road for Sale 

ERA Singapore has been appointed to launch for sale, via Expression of Interest, two ground-floor F&B-approved shops located in the bustling Little India area, presenting investors and owner-occupiers with a rare opportunity to acquire long-tenure commercial assets in a vibrant city-fringe location.

Located at 28 and 30 Dickson Road, Singapore, the properties comprise two adjoining ground-floor shop units with a combined floor area of approximately 2,411 sq ft. Both units are approved for F&B use and enjoy direct street frontage along Dickson Road, offering strong visibility and accessibility within a lively enclave surrounded by established dining, hospitality, retail, and residential activity.

The properties are held under a 999-year leasehold tenure less one day, commencing from 1 August 1859, providing purchasers with a highly attractive long-tenure investment profile. Such assets are increasingly scarce, particularly in central locations with ground floor frontage and approved F&B use. 

Dickson Road is situated within the Little India/Rochor precinct, an area known for its strong footfall, connectivity, and diverse tenant mix. The location is well served by nearby Jalan Besar and Rochor MRT stations, major roads, and surrounding commercial nodes, making it well positioned to benefit from both local catchment and destination traffic.

“The two units may appeal to investors seeking stable rental income from F&B operators, as well as owner-occupiers looking to secure premises in a tightly held city-fringe commercial location,” said Donald Goh, Director, Capital Markets and Investment Sales of ERA Singapore, who is handling the sale of the property.

The Subject Property has an asking price of $9 million.

The Expression of Interest exercise will close on Tuesday, 3 November 2026, at 3.00pm.