The Iskandar Shah Shrine (Keramat Iskandar Shah) is claimed by locals to be the burial site of Raja Iskandar Shah, who is believed to be the last of five kings to rule Singapore in the 14th century.
When Singapore fell to enemy forces, he escaped and founded the great kingdom of Melaka two years later. Early Chinese records of Melaka report his death around 1420 but gave no clue to his burial place. Malay chronicles state that the first King of Malays, Sri Tri Buana and his Chief Minister, Demang Lebar Daun were buried on this hill. Whilst the origin of the belief is unknown, by 1822, the Keramat was venerated by Muslims Chinese and Hindus. The original structure has since disappeared but recent archaeological excavations yielded 14th century artefacts a few metres north and east of this terrace.