Shophouses

Investing in a Piece of Singapore’s History: Shophouses Explained

Shophouses are a unique and iconic feature of Singapore's architectural and cultural heritage. These multi-functional buildings, with their distinct design and history, are cherished by locals and visitors alike. In this section, we will take a closer look at the definition of shophouses, their unique architecture and design, and the conservation of shophouses in Singapore and the investment value in...

Foreign buyers, family offices and funds hold up demand for shophouses

Following a significant surge in purchasing activity at the end of last year, continued interest from overseas purchasers, family offices, and institutional investors has maintained demand for shophouses in the first quarter of 2021. 51 transactions totaling S$328.3 million were registered in the first quarter of this year, as per data gathered on April 6. Despite the fact that this is less than the...

Shophouses on Baghdad Street, Telok Ayer area up for sale

Six shophouses - three on Baghdad Street, and three in the Telok Ayer area - were put up for sale on Wednesday. With the sites for all six shophouses zoned for commercial use, purchases are open to both local and foreign buyers, with no additional buyer's stamp duty to be imposed. Three adjoining prime shophouses at 14, 16 and 18 Baghdad Street are up for sale as an entirety by expression of interest...

Two shophouses in CBD, three in Jalan Besar up for sale

Two shophouses located in the central business district (CBD) and three adjoining shophouses in Jalan Besar have been put up for sale by tender, marketing agents PropNex and Edmund Tie said separately on Tuesday. The three-story shophouse with an attic at 35 Kreta Ayer Road has a S$12 million guide price, or S$2,181 per square foot (psf) based on a total floor area of about 5,500 square feet (sq ft)....

Three conservation shophouses in Chinatown up for sale at S$30.5m total guide price

Three shophouses at Ann Siang Road and Keong Saik Road is up for sale by expression of interest at a total guide price of S$30.5 million. The properties can be bought individually or as a portfolio. A trust company has appointed property consultancy Knight Frank Singapore to offer the portfolio for sale, Knight Frank said on Wednesday. All three shophouses are zoned "Commercial" under Master Plan...

Trio of Geylang shophouses put on market with S$12m guide price

Three adjoining conservation shophouses at 223, 225 and 227 Geylang Road are up for sale collectively by expression of interest with a guide price of S$12 million, exclusive marketing agent CBRE said on Monday. The freehold, two-storey shophouses sit on a combined site of about 4,318 square feet (sq ft), with a total built-up area of about 6,754 sq ft. After factoring in an estimated development...

Three commercial shophouses in Bugis, CBD up for sale

Three shophouses in Bugis and the central business district have been put on the market, sole marketing agent PropNex announced on Wednesday. On 534 North Bridge Road is a corner shophouse with a guide price starting from S$10 million, while the 60 South Bridge Road property's guide price is at least S$7 million. Both have been launched for sale by tender. Meanwhile, the shophouse on 96 Amoy Street...

3 commercial shophouses, terrace house in Districts 1 & 2 up for sale at S$38.4m

A portfolio of three conservation shophouses and a terrace house located within Districts 1 & 2 is now up for sale in the market, at a guide price of about S$38.4 million, Knight Frank Singapore said in a media statement on Monday. The properties can be purchased either individually or as a portfolio. The commercial shophouses are located within District 1 at Ann Siang Road, and District 2 at Keong...

Chinatown’s Porcelain Hotel up for sale with S$115m guide price

The Porcelain Hotel, a 138-key boutique hotel in Chinatown, is up for sale via expression of interest with a guide price of S$115 million, joint marketing agents CBRE and Edmund Tie said on Thursday. Housed in a row of adjoining conservation shophouses at 46 to 50 Mosque Street, the 99-year leasehold hotel occupies a land area of 10,143 square feet (sq ft) and an estimated gross floor area (GFA) of...

Joo Chiat conservation shophouse put on market with S$4.5m guide price

A conservation shophouse at 452 Joo Chiat Road is up for sale in the market with an indicative price of S$4.5 million, marketing agent CBRE said on Tuesday. The guide price translates to about S$2,140 per square foot on the existing built-up area of 2,100 square feet (sq ft). The two-storey shophouse sits on a freehold site of about 1,100 sq ft. Located in the Joo Chiat/East Coast enclave, the...

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