SHOPHOUSES | Singapore
For Lease & Sales
Shop Houses or Shophouses are commonly found in Singapore oldest business districts, namely Katong, Boat Quay, North Bridge Road, Tanjong Pagar & Tiong Bahru. Most are conservation houses that are part of the government effort to preserve the architecture & cultural value of these buildings.
Shop Houses are usually leased as retails spaces on the ground floor for use as drinking pubs, restaurants, and showrooms. Other floors are leased for use as offices or hotel or private accommodation.
Many investors, both local & international, buy these conserved shophouses for office or retail use; for for future asset appreciation upside.
There are legal & financial constraints imposed by the local government agencies such as SLA, URA, and CEA for the use and maintenance of these conserved buildings. It is advisable to have professional real estate sales persons licensed by the local governing agency, CEA, help to guide a potential buyer in buying or selling or leasing of a shophouse.
Shop Houses are usually leased as retails spaces on the ground floor for use as drinking pubs, restaurants, and showrooms. Other floors are leased for use as offices or hotel or private accommodation.
Many investors, both local & international, buy these conserved shophouses for office or retail use; for for future asset appreciation upside.
There are legal & financial constraints imposed by the local government agencies such as SLA, URA, and CEA for the use and maintenance of these conserved buildings. It is advisable to have professional real estate sales persons licensed by the local governing agency, CEA, help to guide a potential buyer in buying or selling or leasing of a shophouse.
