{"id":29344,"date":"2019-09-13T11:50:05","date_gmt":"2019-09-13T03:50:05","guid":{"rendered":"https:\/\/www.99.co\/blog\/singapore\/?p=29344"},"modified":"2022-06-13T17:24:05","modified_gmt":"2022-06-13T09:24:05","slug":"shophouse-rental-business","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/shophouse-rental-business\/","title":{"rendered":"Most Affordable Shophouse Rental Options For Your Small Business"},"content":{"rendered":"
<\/div>

Thinking of renting a shophouse to kickstart your startup or small business?<\/span><\/p>\n

Here\u2019s the good news: if you don\u2019t venture into the CBD, shophouses are actually pretty inexpensive to rent.\u00a0<\/span><\/p>\n

In this blog post, we\u2019ve curated a list of five most affordable shophouse rental options in Singapore. These shophouses will only set you back by $1,100 to $1,700 per month, and they\u2019re perfect for business owners on a budget.\u00a0<\/span><\/p>\n

#1: Shophouse at Indus Garden<\/b><\/h3>\n

District: D03<\/span><\/p>\n

Nearest MRT: Tiong Bahru<\/span><\/p>\n

Size: 130 sq ft\u00a0<\/span><\/p>\n

Rent price: $1,100<\/span><\/p>\n

PSF rent price: $8.46<\/span><\/p>\n

This shophouse<\/span><\/a> is located at Indus Garden, a HDB estate that lies along Indus Road. Neighbours include a vet, coffee shop, a pet groomer, and a ValueMax; there\u2019s also Beo Crescent Market & Food Centre, which is just a short walk away. The $1,100 that you\u2019ll be paying each month is inclusive of utilities, making this unit a huge steal.\u00a0<\/span><\/p>\n

#2: Shophouse at 465 North Bridge Road<\/b><\/h3>\n

District: D07<\/span><\/p>\n

Nearest MRT: Lavender<\/span><\/p>\n

Size: 330 sq ft\u00a0<\/span><\/p>\n

Rent price: $1,300<\/span><\/p>\n

PSF rent price: $3.94<\/span><\/p>\n

Heads up: this listing is actually for <\/span>half a shophouse at 465 North Bridge Road<\/span><\/a>, but seeing as the space is pretty roomy, you might be able to make it work. The shophouse is within walking distance to the Immigrations & Checkpoints Authority, so if you\u2019re running a business that\u2019s related to immigration services or domestic workers, you\u2019ll be right at home. The space is located on the second floor, and comes with air-conditioning.<\/span><\/p>\n

#3: Shophouse at People\u2019s Park Centre<\/b><\/h3>\n

District: D01<\/span><\/p>\n

Nearest MRT: Chinatown<\/span><\/p>\n

Size: 312 sq ft\u00a0<\/span><\/p>\n

Rent price: $1,500<\/span><\/p>\n

PSF rent price: $4.81<\/span><\/p>\n

Remember how we mentioned that it\u2019s possible to rent a cheap-ish shophouse in Singapore as long as you\u2019re not gunning for the CBD? This listing at <\/span>People\u2019s Park Centre<\/span><\/a> is an exception – it\u2019s affordable, <\/span>and <\/span><\/i>it\u2019s located in town. The unit is located on the third floor, and it comes bare so that you can easily transform it into the shophouse of your dreams.\u00a0<\/span><\/p>\n

#4: Shophouse at 1 Jalan Kukoh<\/b><\/h3>\n

District: D03<\/span><\/p>\n

Nearest MRT: Fort Canning, Clarke Quay<\/span><\/p>\n

Size: 150 sq ft\u00a0<\/span><\/p>\n

Rent price: $10<\/span><\/p>\n

PSF rent price: $1,500<\/span><\/p>\n

Looking for a shophouse that can double up as an office? Check out <\/span>this space at 1 Jalan Kukoh<\/span><\/a>, which comes fitted with desks, chairs, storage, and other office furniture. For food options, you\u2019re just a short stroll away from 21 Kukoh Food Centre, an old-school coffee shop where you can get all sorts of cheap eats. Note that the nearest MRT stations are quite a distance away, and you might have to rely on driving or Grab to get around.<\/span><\/p>\n

#5: Shophouse at 133 Jalan Bukit Merah<\/b><\/h3>\n

District: D27<\/span><\/p>\n

Nearest MRT: Tiong Bahru<\/span><\/p>\n

Size: 400 sq ft\u00a0<\/span><\/p>\n

Rent price: $1,700<\/span><\/p>\n

PSF rent price: $4.25<\/span><\/p>\n

This <\/span>shophouse at 133 Jalan Bukit Merah<\/span><\/a> is located in a residential area, with a hair salon and a Salvation Army branch as neighbours. For $1,700, you\u2019ll get half the shop space (400 sq ft), but you can also choose to rent the entire shop space (800 sq ft) at $3,300. The shophouse comes with an attached toilet and a wide back gate for easy access.<\/span><\/p>\n

Are you thinking of renting a shophouse for your business? Voice your thoughts in our comments section or on <\/span><\/i>our Facebook community page<\/span><\/i><\/a>.<\/span><\/i><\/p>\n

Looking for a property? Find the home of your dreams today on Singapore\u2019s largest <\/span>property portal 99.co<\/span><\/a>! You can also <\/span>access a wide range of tools to calculate your down payments and loan repayments<\/span><\/a>, to make an informed purchase.<\/span><\/p>\n

Image credits for featured image: <\/span><\/i>PastPerfect.sg<\/span><\/i><\/a>.<\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"

Thinking of renting a shophouse to kickstart your startup or small business? Here\u2019s the good news: if you don\u2019t venture into the CBD, shophouses are actually pretty inexpensive to rent.\u00a0 In this blog post, we\u2019ve curated a list of five most affordable shophouse rental options in Singapore. These shophouses will only set you back by…<\/p>\n","protected":false},"author":36,"featured_media":29341,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_lmt_disableupdate":"","_lmt_disable":"","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[53653,57131,53590],"tags":[53698,53658,53664],"persona":[],"class_list":{"2":"type-post","13":"entry","14":"has-post-thumbnail"},"acf":[],"yoast_head":"\nMost Affordable Shophouse Rental Options For Your Small Business<\/title>\n<meta name=\"description\" content=\"Want to rent a shophouse to kickstart your startup? 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