Why Commercial Shophouses in These 6 Districts Are Catching Investor Attention

Image credit: Urban Development Authority

Singapore’s commercial shophouses are making a strong comeback with investors — and it’s not just about nostalgia. These properties offer a rare mix of heritage charm, central locations, and investment upside. Here's a look at six districts where shophouses are commanding serious attention:

District 1 – CBD / Raffles Place / Boat Quay

Singapore CDB (Image credit: Urban Development Authority)

Central Business District (CBD) is the heart of Singapore’s business engine. High foot traffic and prestige make it ideal for F&B outlets, boutique offices, and nightlife concepts. It’s where big money and constant movement converge — perfect for businesses that thrive on visibility.

District 2 – Chinatown / Tanjong Pagar

Chinatown is known for its traditional charm and modern office towers (Image credit: EdgeProp)

Heritage meets corporate demand here. With a blend of traditional charm and modern office towers, this area is a magnet for upscale restaurants, trendy bars, and premium cafes. It’s culturally rich, commercially savvy.

District 7 – Bugis / Beach Road

Bugis is one of Singapore's most popular shopping destinations (Image credit: Chinatown Singapore)

Bugis is buzzing. Anchored by cultural icons and new commercial hubs, this district supports mixed-use potential and attracts creative, flexible tenants. Shophouses here offer both visibility and versatility.

District 8 – Little India / Farrer Park

Little India is known for its vibrant street life (Image credit: Roots.sg)

Tourist-friendly, full of character, and alive with energy. This area’s vibrant street life draws in wellness brands, retailers, and creative players. Investors looking for steady foot traffic and authenticity take note.

District 14 – Geylang / Paya Lebar

Geylang is one of the most promising neighbourhoods in Singapore (Image credit: EdgeProp)

This is a transformation story in progress. As Geylang and Paya Lebar continue to evolve, shophouses benefit from their close proximity to the CBD and the influx of new developments. It's a strategic play with growth potential.

District 15 – Katong / Joo Chiat

Katong is known for its seaside vibe (Image credit: EdgeProp)

Conservation meets cool. With its strong local identity and well-preserved architecture, this district is ideal for lifestyle brands, boutique offices, and chic cafés. Think charm with commercial value.

Why shophouses are a smart bet

• Scarcity Drives Value: Supply is limited, and many of these units carry significant heritage value — this fuels long-term appreciation.

• Ownership Advantages: Many are freehold or 999-year tenure.

• Tax Benefits: No ABSD (Additional Buyer’s Stamp Duty) for commercial shophouses, and most residential shophouses are exempt from SSD (Seller’s Stamp Duty).

• Flexible Use: From F&B and retail to wellness and creative offices, usage is versatile.

• Consistent Demand: These districts remain top choices for tenants, thanks to their central or city-fringe locations.

For investors eyeing solid yield and future capital growth, commercial shophouses in these six districts are worth a serious look.

Still unsure? Explore our latest listings or get in touch with the PSE team to find the right shophouse for you!