Built in 1459 by the followers of Hang Li Poh, the Chinese princess who married the Sultan of Melaka, the well never dried up during days of old and was the only source of water supply during the great droughts. The Dutch enclosed it with a stout wall in 1677 as it was an important source of fresh water. It is now a wishing well and it is said that those who throw coins into it will return to Malacca time and again.