Chitty Road and Veerasamy Road GLS (Condo) — Overview
D08. Farrer Park / Serangoon Rd
- 36 Units
- Completion: N/A
- Condominium
- Leasehold (99-year)
Chitty Road & Veerasamy Road Tender Conserved Residential Site in Little India Historic District
Latest Update (7 August 2026): URA has awarded the Chitty Road and Veerasamy Road site to YK Land Pte. Ltd. for S$35,288,000, equivalent to S$10,357.50 per sqm of site area (approximately S$962 per sq ft of site area). The 99-year leasehold residential site measures 3,407 sqm. The final development concept and any future sales or rental plans have not been announced.
The Chitty Road and Veerasamy Road tender involves a rare cluster of conserved pre-war terrace houses within the Little India Historic District. Built in 1927, the buildings were originally used as municipal quarters for government employees.
Located at 44 to 60 Chitty Road and 42 to 58 Veerasamy Road, the site comprises two parallel rows of two-storey terrace houses linked by a back lane. The land parcel has been rezoned for Residential use, allowing the conserved buildings to be adapted for contemporary urban living.
This page covers the tender award, land parcel facts, possible residential options, heritage repositioning potential and what this site could mean for future housing supply in Little India.
To better understand the surrounding area and city-fringe housing demand, you can also refer to our District 8 condo guide covering Little India, Farrer Park and Rochor.
Chitty Road & Veerasamy Road Tender – Quick Facts
Site Name: Chitty Road & Veerasamy Road Conserved Buildings Tender
Location: Chitty Road and Veerasamy Road, Little India Historic District
Addresses: 44 to 60 Chitty Road and 42 to 58 Veerasamy Road
District: District 8 – Little India / Farrer Park / Rochor
Site Area: 3,407 sqm / approx. 0.34 hectares
Land Use Zoning: Residential
Existing Buildings: 18 two-storey conserved pre-war buildings
Year Built: 1927
Maximum Building Height: 2 storeys
Possible Development Options: 36 long-stay serviced apartments or 18 strata landed houses; final concept not announced
Lease Period: 99 years
Tender Status: Awarded to YK Land Pte. Ltd. on 7 August 2026
Winning Bid: S$35,288,000 (S$10,357.50 per sqm of site area)
Tender Launch / Close: 5 March 2026 / 28 July 2026
Land price note: URA reports the bid per square metre of site area, not per square metre of gross floor area. The approximate S$962 psf figure is therefore a site-area measure, not a psf per plot ratio benchmark or a future selling price.
8 Reasons Why This Little India Tender Site Is Worth Watching
1. Rare Conserved Residential Site: The tender involves 18 conserved pre-war buildings within the Little India Historic District, making it a rare heritage-led residential opportunity.
2. Residential Rezoning: The site has been rezoned for residential use, creating new potential for either strata landed homes or long-stay serviced apartments.
3. Central City-Fringe Location: Little India offers strong accessibility to the CBD, Orchard, Bugis, Rochor and Farrer Park.
4. Heritage With Contemporary Living: The tender encourages adaptive reuse that blends conservation value with modern residential needs.
5. Flexible Residential Options: The earlier tender materials described potential for 18 strata landed houses or 36 long-stay serviced apartments under the SA2 framework. The final concept has not been announced.
6. Close to Amenities & MRT: The site sits near Little India’s dining, retail, cultural and transport amenities.
7. Supports Government Housing Supply Efforts: The tender reflects broader efforts to reposition State-owned properties for new residential and rental housing uses.
8. Potential Boutique Residential Product: If developed as strata landed homes, this could become a highly niche city-fringe landed-style housing offering.
Preliminary Site Highlights
- 18 conserved two-storey pre-war terrace houses
- Built in 1927
- Located within the Little India Historic District
- Former municipal quarters for government employees
- Site area of 3,407 sqm
- Residential land use zoning
- Maximum building height of 2 storeys
- Possible 18 strata landed houses or 36 long-stay serviced apartments
- 99-year lease period
- Tender awarded to YK Land Pte. Ltd. on 7 August 2026 for S$35,288,000
Disclaimer: Final development plans are subject to tender conditions, URA conservation guidelines, authority approvals and the awarded developer’s final concept proposal.
Chitty Road & Veerasamy Road Tender Factsheet
| Name | Chitty Road & Veerasamy Road Conserved Buildings Tender |
| Location | Chitty Road and Veerasamy Road |
| Addresses | 44 to 60 Chitty Road and 42 to 58 Veerasamy Road |
| District | District 8 – Little India / Farrer Park / Rochor |
| Site Area | 3,407 sqm / approx. 0.34 hectares |
| Land Use Zoning | Residential |
| Maximum Gross Floor Area | Resultant of the existing building envelope to be restored, according to Conservation Guidelines |
| Maximum Building Height | 2 storeys |
| Possible Development Options | 36 long-stay serviced apartments or 18 strata landed houses; final concept not announced |
| Lease Period | 99 years |
| Existing Buildings | 18 conserved two-storey pre-war buildings |
| Year Built | 1927 |
| Former Use | Municipal quarters for government employees |
| Tender Status | Awarded |
| Successful Tenderer | YK Land Pte. Ltd. |
| Tendered Price | S$35,288,000 (S$10,357.50 per sqm of site area; approximately S$962 psf of site area) |
| Tender Launch / Close | 5 March 2026 / 28 July 2026 |
| Award Date | 7 August 2026 |
Location, Connectivity & Amenities
The site is located within the Little India Historic District, a culturally rich city-fringe precinct with strong public transport access, dining options, retail amenities and proximity to the city centre.
Future residents or long-stay tenants may benefit from the site’s central location, with convenient access to Little India MRT, Farrer Park MRT, Rochor, Bugis, Dhoby Ghaut and the CBD.
Transportation
- Little India MRT
- Farrer Park MRT
- Rochor MRT
- Easy access to Serangoon Road and Jalan Besar
Lifestyle & Amenities
- Tekka Centre
- Mustafa Centre
- City Square Mall
- Little India dining and retail belt
City-Fringe Access
- Close to Bugis
- Near Dhoby Ghaut / Orchard corridor
- Short commute to CBD
- Strong rental catchment from city workers
Heritage Adaptive Reuse Concept
The tender is intended to support a sensitive adaptive reuse of the conserved terrace houses. The awarded developer will need to develop a concept proposal that preserves the buildings’ heritage value while introducing residential use for contemporary living.
URA’s conservation guidelines will guide how the buildings are restored, strengthened and adapted. This includes respecting the existing building envelope, retaining important architectural elements and ensuring new service areas are sensitively integrated.
This makes the site different from a typical residential GLS parcel. Instead of a high-rise new-build development, the future project will likely be a low-rise conservation-led residential cluster.
Possible Development Options
Based on the earlier tender materials, the site had two possible residential pathways; the final concept has not been announced: 18 strata landed houses or 36 long-stay serviced apartments under the SA2 framework.
| Option | Estimated Units | Potential Buyer / Tenant Profile |
| Strata Landed Houses | 18 units | Buyers seeking rare city-fringe landed-style homes with conservation character |
| Long-Stay Serviced Apartments (SA2) | 36 units | Long-stay tenants, professionals, expatriates and city-fringe renters seeking minimum 3-month accommodation |
What Is the SA2 Long-Stay Serviced Apartment Framework?
The Serviced Apartments II (SA2) framework is a pilot long-stay serviced apartment model introduced by the government to provide longer-term rental housing options. Unlike short-stay serviced apartments, SA2 units are intended for stays of at least three months.
If the Chitty Road and Veerasamy Road site is developed under the SA2 option, it could contribute to the supply of centrally located long-stay rental accommodation in a heritage district.
What This Tender Means for Buyers & Investors
The award is significant because it shows how conserved State-owned properties can be repositioned for residential use instead of remaining under older commercial or institutional uses.
For the awarded developer, the site offers a differentiated product opportunity. A strata landed outcome may appeal to buyers looking for rare conservation homes in the city fringe, while an SA2 outcome may appeal to operators targeting long-stay rental demand.
For buyers and investors watching the area, the site also signals continued planning interest in Little India as a mixed-use precinct where heritage, residential living, tourism, dining and city-fringe connectivity can coexist.
Want to Understand How This Site Is Positioned?
Beyond the tender details, what matters is how the Chitty Road and Veerasamy Road site fits into the broader Little India, Farrer Park and city-fringe housing landscape.
Key areas to watch include:
- Whether the eventual concept focuses on strata landed homes or SA2 apartments
- How conservation guidelines affect restoration cost and final product design
- Demand for city-fringe heritage homes or long-stay rental accommodation
- How the site compares with other adaptive reuse projects such as Hindoo Road
Continue Your Property Research
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Register your interest to receive updates on the development concept, future residential plans and availability for the Chitty Road and Veerasamy Road conserved buildings.
Press Coverage
Source: https://www.ura.gov.sg/news/media/pr26-60
Published: 7 August 2026
URA awarded the residential site to YK Land Pte. Ltd. The tender was launched on 5 March 2026 and closed on 28 July 2026. The site was offered on a 99-year lease term.
| Location | Allowable Development | Site Area | Successful Tenderer | Tendered Price |
|---|---|---|---|---|
| Chitty Road and Veerasamy Road | Residential | 3,407.0 m² | YK Land Pte. Ltd. | S$35,288,000 (S$10,357.50 per m² of site area) |