Property Market in Little India

Little India sits in the middle of Singapore's residential price spectrum. According to URA transaction records from 2022 to 2025,D08 has recorded 1,469 private residential transactions, making it a smaller market with selective buyer activity. The median condominium and apartment price stands at S$1.5M, which is 13% below the Singapore-wide median of S$1.7M.

Little India is an ethnic enclave in Singapore located east of the Singapore River, across from Chinatown, and north of Kampong Glam. Little India is commonly known as Tekka among the Indian Singaporean community. The precinct is notable for its markets, including the Tekka Market, and the festivals it hosts throughout the year, such as Deepavali and Thaipusam.

The private residential market in Little India spans 5 property categories. Apartments dominate with 948 transactions at a median of S$1.4M, while condominiums trade at S$1.7M. The distinction between condominiums and apartments in Singapore is largely regulatory (condominiums must meet a minimum land area of 4,000 sqm and include recreational facilities), but prices also reflect differences in unit size and development scale.

Little India also has an active landed property segment. Terrace houses trade at a median of S$4.1M, semi-detached homes at S$6.1M, and detached houses at S$8.5M. Landed properties in Little India offer an alternative to high-rise living at prices that vary significantly with plot size and condition.

Tenure is a defining factor in Little India's property pricing. Freehold properties trade at a median of S$1.3M, while 99-year leasehold units trade at S$1.6M. That is a 19% premium for freehold, or approximately S$-310,500 more in absolute terms.

On a per-square-metre basis, the gap narrows somewhat: freehold at S$17,374/sqm versus leasehold at S$20,569/sqm. For buyers weighing freehold versus leasehold in Little India, the key question is time horizon. Freehold properties hold value over decades and face no lease decay, but new 99-year leasehold developments often offer modern facilities and layouts at a lower entry price. New leasehold launches have been active in Little India, with 814 transactions versus 648 freehold.

For condominiums and apartments in Little India, floor level creates a measurable price gradient. Units on floors 36-40 sell for a median of S$2.8M, while units on floors 01-05 sell for S$1.2M. That is a 134% premium for higher floors, worth approximately S$1.6M per unit.

In Little India, the high-floor premium reflects better ventilation, natural light, reduced noise, and improved views. Buyers targeting a specific development can use this gradient to estimate how much they save by choosing a mid-floor unit instead of a top-floor one.

Rental rates in Little India average S$6.62 psf per square foot per month, placing the district above-average rental rates, indicating solid demand from both local and expatriate tenants. The highest rents are commanded by CHERRYLOFT at S$7.34 psf.

The rental spread within Little India runs from S$5.79 psf at CITYLIGHTS to S$7.34 psf at CHERRYLOFT. This range reflects differences in development age, finish quality, proximity to MRT, and whether the unit is furnished. Investors evaluating gross rental yield in Little India should compare these rates against the purchase price per square foot to assess returns.

The most actively traded development in Little India is PICCADILLY GRAND on NORTHUMBERLAND ROAD, with 381 URA-recorded transactions at a median of S$1,876,000. CITYLIGHTS follows with 124 transactions at S$1,482,500.

High transaction volumes typically indicate active secondary markets with good liquidity. Buyers who may need to sell within a few years should consider developments with proven resale activity, as these tend to attract a broader pool of buyers when the time comes.

In pricing terms, Little India sits closest to Macpherson (S$1.5M), Bedok (S$1.5M), Jurong (S$1.5M). Buyers looking for a lower entry point could consider Kranji at S$1.1M, which is 37% cheaper. Those with a larger budget might look at Telok Blangah at S$2.6M.