Shophouses in Singapore
Shophouses are a prevalent building type in Singapore’s architectural and built heritage. These buildings are generally two to three storeys high, built-in contiguous blocks with common party walls. They are narrow, small terraced houses, with a sheltered ‘five-foot’ pedestrian way at the front. In places like Chinatown, Telok Ayer, or Amoy Street, shophouses are often used as an alternative office space. They’re especially favoured by startups or small companies that want a location within or near the Central Business District (CBD), but cannot afford the higher rental rates of conventional offices.
When it comes to the valuation of shophouses, a combination of the prestige that comes with owning a shophouse, along with the scarcity of these properties, helps them to hold value even during downturns. Much like fine wine or art, shophouses also provide a cultural value that’s not always easy to quantify.
Frequently Asked Questions
What are Shophouses in Singapore?
Can a foreigner or Permanent Resident (PR) purchase a Shophouse?
How many Shophouses are there in Singapore?
What are the popular neighbourhoods in Singapore with Shophouses?
Guides relevant to Shophouses in Singapore
(Henry Lim) MBA, EXPERT-srx
ERA REALTY NETWORK PTE LTD R053667B | L3002382K
ERA REALTY NETWORK PTE LTD R027596H | L3002382K
ERA REALTY NETWORK PTE LTD R054019Z | L3002382K
Wendy Tee (池慧卿)
PROPNEX REALTY PTE LTD R041181J | L3008022J
PROPNEX REALTY PTE LTD R040928Z | L3008022J
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