SINGAPORE SHOPHOUSES FOR SALE

Not More Listings. The Right Commercial Property for Your Strategy.

Curated Singapore shophouse opportunities for investors, business owners and property owners.
Freehold | 99-Year Leasehold | 999-Year | Conservation | Commercial
TELL US WHAT YOU'RE LOOKING FOR →
Selected opportunities may be privately marketed and are subject to availability and owner's instructions.
Tell us your criteria.
We'll use your stated requirements to filter available opportunities and present properties that appear relevant for your further consideration.
Existing tenancy does not guarantee future rental income, rental continuity or tenant retention. Where relevant, tenancy, rental and property information should be independently verified.

WHAT ARE YOU LOOKING TO ACHIEVE?

CAPITAL PRESERVATION & APPRECIATION

Commercial property for longer-term ownership.

PROGRESSIVE RENTAL INCOME

Assets with existing or potential leasing considerations.

BUSINESS OWNERSHIP

Acquire a property for your own business operations.

PORTFOLIO DIVERSIFICATION

Add commercial property to an existing portfolio.

VALUE-ADD

Properties where asset enhancement or repositioning may be relevant, subject to assessment and approvals.

ASSET CONSOLIDATION

Adjoining or multiple-property acquisition strategies.
DISCUSS MY ACQUISITION CRITERIA →

NOT JUST PROPERTY MATCHING

Gracelynn Zhu Qiu Linn 朱秋霖

Singapore-Licensed Commercial Property Realtor

WSQ ACTA Trainer

17 Years in Singapore Real Estate

Commercial Sales & Leasing | Shophouses | Business Space

+65 8843 9439

A SHOPHOUSE CAN LOOK ATTRACTIVE AND STILL BE THE WRONG ACQUISITION.

Before considering price, ask:

Why this location?

Why this asset?

Why this tenure?

Why this tenant profile?

Why this price?

Why now?

What happens if I hold it for 10, 20 or 30 years?

The question isn't simply whether a shophouse is “good”.

It's whether the asset fits your objective, at the right price and with the right strategy.

THE HARD PART ISN'T FINDING A LISTING.

It's understanding what sits behind the listing.

Buyers may need to assess:

Location

Price

Tenure & Remaining Lease

Planning / Approved Use

Potential Rental Income

Tenant Profile

Building Condition

Capital Expenditure

Financing

Holding Period

Exit Considerations

BUY WITH STRATEGIC SPACE EFFICIENCY — NOT JUST A FLOOR PLAN.

BUY WITH A STRATEGY.

A commercial property decision should connect:

1

OBJECTIVE

2

ASSET

3

INCOME

4

CAPITAL

5

FINANCING

6

HOLDING STRATEGY

7

EXIT

The objective isn't simply to acquire a shophouse. It's to make a better-informed commercial property decision.

THE 5-ELEMENT COMMERCIAL PROPERTY LENS

ASSESSMENT AREAS

IMPORTANCE

Why does this asset matter?
Location, scarcity, tenure, planning, asset quality and strategic relevance.

STRATEGY

What is the acquisition trying to achieve?
Rental income? Business occupation? Capital preservation and appreciation? Portfolio diversification? Long-term physical asset ownership?

PROGRESS

How could the asset evolve?
Rental positioning, tenant mix, asset enhancement, potential use and future positioning.

RELATIONSHIPS

What surrounds and supports the asset?
Tenants, businesses, customers, connectivity and the wider commercial ecosystem.

STABILITY

What supports sustainable ownership?
Income sustainability, financing structure, holding capacity and potential exit considerations.

WE DON'T START WITH THE PROPERTY.

WE START WITH THE OBJECTIVE.

FROM PURCHASE PRICE TO LONG-TERM POSITION
1

ENTRY

Purchase price and acquisition costs.

2

INCOME

Existing rent, market rent and tenant profile.

3

CAPITAL

Renovation, asset enhancement and ownership costs.

4

FINANCING

Debt structure, interest cost and amortisation.

5

HOLD

Cash flow, market conditions and holding period.

6

EXIT

Future buyer pool, liquidity and potential sale strategy.

Profitability isn't determined by purchase price and existing rental income alone.

HOW CAN PROPERTY VALUE & DEBT AMORTISATION AFFECT EQUITY OVER TIME?

ILLUSTRATIVE S$10 MILLION COMMERCIAL PROPERTY

For investors, acquisition price is only one part of the equation. Holding period, financing, loan amortisation, rental income and changes in property value can all affect an owner's equity position over time.

CAPITAL

Leverage may allow an investor to control a larger asset with less initial equity, subject to financing eligibility and terms.

AMORTISATION

As principal is repaid, outstanding debt may reduce.

APPRECIATION

If market value increases, owner's equity may increase accordingly.

CASH FLOW

Rental income may contribute towards holding costs and debt servicing, subject to actual tenancy, rental rates and expenses.

STRATEGY

Entry price, financing, holding period, cash flow and eventual exit should be considered together.
For illustration and educational purposes only. Actual property values, financing terms, interest rates, rental income, expenses, taxes and investment outcomes will vary. Financing is subject to lender assessment and approval. This illustration does not constitute financial or investment advice.

DIFFERENT TENURES. DIFFERENT STRATEGIES.

Explore selected commercial and conservation shophouse opportunities currently available.

Some opportunities may be publicly marketed. Quiet deals privately presented in accordance with owner instructions and client requirements.

VIEW SHOPHOUSE OPPORTUNITIES →

FREEHOLD

Long-term ownership characteristics, subject to the property's specific title, pricing and market conditions.

99-YEAR LEASEHOLD

A significant segment of Singapore's commercial property market. Remaining lease, price, income and intended holding period should be assessed together.

999-YEAR LEASEHOLD

Long leasehold ownership with its own pricing and investment considerations.

CONSERVATION

Architectural character combined with specific conservation and planning considerations.

COMMERCIAL / MIXED-USE

Different properties may have different planning and approved-use characteristics.

THERE IS NO UNIVERSALLY “BEST” TENURE.

The right question is whether the asset, price, remaining tenure, income and holding strategy fit the new owner's objective.

CURATED OPPORTUNITIES
SHOPHOUSE OPPORTUNITIES

INVESTMENT

Selected opportunities for investors assessing income and long-term ownership.

OWNER-OCCUPIER

Commercial properties potentially suited to business owners seeking property ownership.

INCOME

Properties with existing or potential leasing considerations.

VALUE-ADD

Properties where repositioning or asset enhancement may be relevant, subject to assessment and approvals.

PRIVATE / OFF-MARKET

Selected opportunities that may be shared privately, subject to owner instructions and confidentiality.
VIEW SHOPHOUSE OPPORTUNITIES →

PRIVATE OPPORTUNITIES

SOME OPPORTUNITIES AREN'T MARKETED BROADLY.

Certain owners may prefer controlled exposure.
  • Tell us your:
    Budget
    Location
    Tenure
    Property Type
    Investment Objective
    Intended Use
    Preferred Holding Period
REQUEST PRIVATE OPPORTUNITIES →
  • We Consider:
    Positioning
    Pricing
    Buyer Profile
    Investment Objective
    Income Position
    Marketing Exposure
    Confidentiality
    Negotiation
    Exit Strategy
DISCUSS MY SHOPHOUSE →

SELL YOUR SHOPHOUSE

OWN A SHOPHOUSE?

YOUR PROPERTY DESERVES A STRATEGY — NOT JUST AN ADVERTISEMENT.

FREQUENTLY ASKED QUESTIONS ABOUT SINGAPORE SHOPHOUSES

A shophouse may have investment characteristics such as rental income, scarcity or long-term ownership potential. Suitability depends on the individual property's price, location, tenure, income, costs, financing and the buyer's objectives.

Not automatically. Tenure is only one part of the assessment. Price, location, remaining lease, income, asset quality, planning characteristics and acquisition strategy should also be considered.

Consider tenure, remaining lease, planning position, approved use, location demand, physical condition, rental income, tenant profile, financing, transaction costs, holding period and exit considerations.

Factors may include location, tenure, land and building characteristics, rental income, comparable transactions, market conditions, planning characteristics and buyer demand.

The answer depends on the property's classification and the buyer's circumstances. Purchasers should verify applicable ownership, regulatory, tax and financing requirements before proceeding.

The planning position and applicable use should be verified with the relevant authorities before committing to an acquisition or proposed use.

Financing depends on the property, borrower profile, lender criteria, loan structure and prevailing financing conditions. Buyers should obtain financing advice and approval based on their circumstances.

A controlled marketing strategy may be considered where appropriate, subject to the owner's instructions, consent and applicable advertising requirements.

DON'T NEED MORE LISTINGS.
NEED THE RIGHT OPPORTUNITY.

Tell us your criteria

We'll start with the objective, then work backwards to the property.
REQUEST A CONFIDENTIAL DISCUSSION →
TELL US WHAT YOU'RE LOOKING FOR
Your information and requirements will be handled discreetly and used for the purpose of responding to your enquiry and relevant property opportunities.

Gracelynn Zhu Qiu Linn 朱秋霖

Singapore-Licensed Commercial Property Realtor

WSQ ACTA Trainer

17 Years in Singapore Real Estate

Commercial Sales & Leasing | Shophouses | Business Space

CEA RegNo. R030126H
PropNex Realty Pte Ltd
Estate Agency Licence No. L3008022J
+65 8843 9439
DISCLAIMER
Property information is subject to verification.
Any reference to potential use, change of use, rental income, capital appreciation, asset enhancement, financing or investment outcome is for general informational purposes only and does not constitute a representation or guarantee.
Planning permission, change-of-use approval, financing and other regulatory approvals are subject to the relevant authorities, lenders and applicable requirements.
Investment illustrations are hypothetical and based on stated assumptions for educational purposes only. Actual outcomes will vary.
Prospective purchasers should conduct their own due diligence and obtain appropriate professional advice before making property or investment decisions.