SHOPHOUSE
LATEST TRANSACTION
DateAddressPricePsfSqfTenureShophouse
12 Feb 1821 Mosque Street11,700,0006,8151,722FreeholdShophouse Land
11 Feb 1814/14A Chun Tin Road6,000,0003,7511,604FreeholdShophouse Land
8 Feb 18389 Changi Road3,480,0002,3431,485FreeholdShophouse Strata
1 Feb 1852/54/56 Joo Chiat Road12,500,0003,1583,961FreeholdShophouse Land
30 Jan 18Kampong Glam Conservation Area
40 Arab Street
3,100,0003,38491599 Yrs From 1995Shophouse Land
28 Jan 18417/417A/419 East Coast Road5,300,0002,0722,562FreeholdShophouse Land
28 Jan 18290K/290L/290M Joo Chiat Road3,660,0002,2841,604FreeholdShophouse Land
25 Jan 18486 Upper Serangoon Road1,500,0009821,528FreeholdShophouse Land
23 Jan 1824 Mosque Street8,100,0006,0251,346FreeholdShophouse Land
22 Jan 18Boat Quay Conservation Area
64 South Bridge Road
8,280,0005,5221,49699 Yrs From 1951Shophouse Land

 

DateBlair Plain Conservation AreaPrice PsfSqfTenureShophouse
May 17Everton Road - D023,200,0002,0631,551FreeholdShophouse Land
May 17Kampong Bahru Road - D032,750,0002,3101,190FreeholdShophouse Land
Apr 16Everton Road - D024,300,0002,8741,496FreeholdShophouse Land
Feb 16Everton Road - D024,450,0003,0971,437FreeholdShophouse Land
Dec 15Blair Road - D023,228,0002,1331,513FreeholdShophouse Land

 

DateBoat Quay Conservation AreaPricePsfSqfTenureShophouse
Mar 17South Bridge Road - D0110,380,0006,5071,595999 yrs from 1831Shophouse Land
Nov 16Boat Quay - D0113,000,0009,4351,378999 yrs from 1826Shophouse Land
Oct 16Boat Quay - D0112,900,0009,4891,359999 yrs from 1826Shophouse Land
Aug 16Boat Quay - D017,333,0007,603964999 yrs from 1826Shophouse Land
Aug 16Circular Road - D017,200,0007,524957999 yrs from 1826Shophouse Land
Apr 15Boat Quay - D019,300,0008,9161,043999 yrs from 1826Shophouse Land

 

DateBukit Pasoh Conservation AreaPricePsfSqfTenureShophouse
Aug 17Teo Hong Road - D028,928,0005,1551,732FreeholdShophouse Land
Jun 17Cantonment Road - D027,030,0005,3581,312FreeholdShophouse Land
Jan 17Cantonment Road - D026,400,0004,7761,340FreeholdShophouse Land
Oct 16New Bridge Road - D0214,500,0005,7062,541FreeholdShophouse Land
Jun 15Kreta Ayer Road - D027,200,0004,5571,580FreeholdShophouse Land

 

DateBukit Pasoh Extension Conservation AreaPricePsfSqfTenureShophouse
Jiak Chuan Road - D029,100,0006,9071,318FreeholdShophouse Land
Teck Lim Road - D0213,000,0008,9991,445FreeholdShophouse Land
Keong Saik Road - D029,300,0007,2971,274FreeholdShophouse Land

 

DateDesker Road Conservation AreaPricePsfSqfTenureShophouse
Dec 17Sam Leong - D084,950,0003,2181,538FreeholdShophouse Land
Nov 17Desker Road - D083,028,0002,3111,310FreeholdShophouse Land
Sep 16Desker Road - D083,550,0002,9111,220FreeholdShophouse Land
Jul 16Rowell Road - D082,500,0002,1411,168FreeholdShophouse Land

 

DateEmerald Hill Conservation AreaPricePsfSqfTenureShophouse
May 15Emerald Hill Road - D096,000,0004,2201,422FreeholdShophouse Land

 

DateGeylang Conservation AreaPrice PsfSqfTenureShophouse
May 17Lorong 13 Geylang - D142,900,0001,7931,618FreeholdShophouse Land
Oct 15Geylang Road - D142,900,0001,8841,539FreeholdShophouse Land
Apr 15Geylang Road - D143,880,0003,7901,024FreeholdShophouse Land

 

DateKampong Glam Conservation AreaPricePsfSqfTenureShophouse
Jan 18Arab St - D073,100,0003,38491699 yrs From 1995Shophouse Land
Oct 17Bali Lane - D075,000,0006,943720999 yrs From 1833Shophouse Land
Aug 17North Bridge Rd - D074,880,0003,8721,260FreeholdShophouse Land
May 17Bussorah St - D075,100,0004,0261,267FreeholdShophouse Land
Feb 17Kandahar St - D074,000,0003,7801,058FreeholdShophouse Land
Jan 17Haji Lane - D073,250,0006,317515999 yrs From 1828Shophouse Land
Oct 16Bali Lane - D073,800,0005,139739999 yrs From 1833Shophouse Land
Apr 16Arab St - D072,450,0001,5351,59699 yrs From 1941Shophouse Land
Mar 16Arab St - D074,500,0004,0711,105FreeholdShophouse Land
Aug 15Haji Lane - D074,400,0008,753503999 yrs From 1828Shophouse Land
Jul 15Arab St - D073,900,0004,645840999 yrs From 1828Shophouse Land

 

DateKreta Ayer Conservation AreaPricePsfSqfTenureShophouse
Dec 17Pagoda St - D0123,000,0007,6393,01199 yrs From 1995Shophouse Land
Jul 17Temple St - D018,200,0006,3011,301FreeholdShophouse Land
May 17Pagoda St - D0112,200,0009,8901,234FreeholdShophouse Land
Feb 17Temple St - D0118,501,0006,9592,659200 yrs From 1872Shophouse Land
Sep 16Smith St - D01 8,800,0008,2081,072FreeholdShophouse Land
May 16Upper Cross St - D027,500,0006,3001,190FreeholdShophouse Land
Oct 15Smith St - D014,500,0004,0161,121200 yrs from 1872Shophouse Land
Sep 15Pagoda St - D019,500,0007,2521,310FreeholdShophouse Land

 

DateLittle India Conservation AreaPricePsf SqfTenureShophouse
Nov 17Race Course Rd - D084,800,0003,7411,283FreeholdShophouse Land
Nov 17Veerasamy Rd - D088,500,0003,9092,174FreeholdShophouse Land
Nov 17Jalan Besar - D083,868,0003,4791,112FreeholdShophouse Land
Nov 17Dalhouse Lane - D082,450,0002,64792699 yrs From 1993Shophouse Land
Sep 17Madras St - D083,500,0002,1411,63599 yrs From 1994Shophouse Land
Aug 17Serangoon Rd - D085,933,9334,9131,20899 yrs From 1995Shophouse Land
May 17Dalhouse Lane - D084,000,0002,3101,73299 yrs From 1994Shophouse Land
Apr 17Dalhouse Lane - D083,400,0003,86687999 yr From 1993Shophouse Land
Nov 16Cuff Rd - D083,925,0002,7211,417FreeholdShophouse Land
Aug 16Serangoon Rd - D084,800,0003,9641,21199 yrs From 1995Shophouse Land
Jul 16Norris Rd - D084,250,0002,1531,974FreeholdShophouse Land
Mar 16Serangoon Rd - D085,700,0004,7071,21199 yrs From 1995Shophouse Land
Jan 16Dickson Rd - D082,500,0002,0551,216999 yrs From 1859Shophouse Strata
Oct 15Chander Rd - D082,200,0003,696595FreeholdShophouse Land
Oct 15Perak Rd - D083,850,0002,7451,40399 yrs From 1994Shophouse Land
May 15Dunlop St - D082,800,0003,409821999 yrs From 1876Shophouse Land
Mar 15Buffalo Rd - D083,500,0004,69974599 yrs From 1991Shophouse Land

 

DateTanjong Pagar Conservation AreaPricePsfSqfTenureShophouse
Feb 18Duxton Road - D027,300,0006,8091,07299 yrs From 1988Shophouse Land
Dec 17Tras St - D028,600,0005,8751,46499 yrs From 1994Shophouse Land
Nov 17Craig Rd - D0218,000,0004,8303,72699 yrs From 1989Shophouse Land
Oct 17Tanjong Pagar Rd - D028,263,8004,1821,97699 yrs From 2000Shophouse Land
Sep 17Neil Rd - D024,960,0003,2401,53199 yrs From 1989Shophouse Land
Mar 17Tras St - D0211,300,0005,4652,06899 yrs From 1995Shophouse Land
Mar 17Tras St - D029,200,0006,0661,51799 yrs From 1995Shophouse Land
Jan 17Tanjong Pagar Rd - D028,850,0005,1391,72299 yrs From 1992Shophouse Land
Nov 16Craig Rd - D026,000,0003,7951,58199 yrs From 1989Shophouse Land
Nov 16Craig Rd - D0210,800,0006,5281,65499 yrs From 1988Shophouse Land
Sep 16Tanjong Pagar - D026,880,0005,3671,28299 yrs From 1992Shophouse Land
Jul 16Tras St - D028,300,0005,1301,61899 yrs From 1994Shophouse Land
Jun 16Neil - D026,500,0004,5851,41899 yrs From 1989Shophouse Land
Apr 16Craig - D026,500,0003,6141,79999 yrs From 1989Shophouse Land
Jan 16Duxton Rd - D024,000,0003,5801,11799 yrs From 1988Shophouse Land
Dec 15Craig Rd - D0212,500,0006,5241,91699 yrs From 1988Shophouse Land
Nov 15Duxton Rd - D024,300,0003,9951,07699 yrs From 1988Shophouse Land
Nov 15Duxton Rd - D029,400,0007,7141,21899 yrs From 1989Shophouse Land
Aug 15Duxton Rd - D0219,600,0007,7192,53999 yrs From 1988Shophouse Land
Aug 15Neil Rd - D026,000,0004,5951,30699 yr From 1989Shophouse Land

 

DateTelok Ayer Conservation AreaPricePsfSqfTenureShophouse
Feb-18Amoy Street - D01 18,000,999 8,048 2,237 999 yrs from 1827Shophouse Land
Jan-18South Bridge Road - D01 8,280,000 5,522 1,499 99 yrs from 1951Shophouse Land
Sep-17Ann Siang Road - D01 10,380,000 7,796 1,332 999 yrs from 1827Shophouse Land
Sep-17Telok Ayer Street - D01 11,800,000 8,255 1,429 999 yrs from 1829Shophouse Land
Jul-17Stanley Street - D01 12,650,000 7,845 1,612 FreeholdShophouse Land
Jul-17Amoy Street - D01 7,100,000 7,462 952999 yrs from 1833Shophouse Land
Jun-17Ann Siang Road - D01 9,100,000 7,756 1,173 999 yrs from 1827Shophouse Land
Apr-17South Bridge Road - D01 7,808,888 5,230 1,493 999 yrs from 1823Shophouse Land
Mar-17Stanley Street - D01 12,300,000 8,865 1,387 FreeholdShophouse Land
Jan-17Amoy Street - D01 12,800,000 6,288 2,035 999 yrs from 1827Shophouse Land
Dec-16Amoy Street - D01 6,458,888 6,466 999999 yrs from 1833Shophouse Land
Oct-16Boon Tat Street -D01 19,000,000 10,711 1,774 999 yrs from 1884Shophouse Land
Oct-16Amoy Street - D01 4,950,000 5,792 855999 yrs from 1833Shophouse Land
Oct-16Amoy Street - D01 4,950,000 6,003 825999 yrs from 1833Shophouse Land
Aug-16Stanley Street - D01 8,200,000 4,849 1,691 FreeholdShophouse Land
Jun-16Stanley Street - D01 9,280,000 6,507 1,426 FreeholdShophouse Land
Mar-16Amoy Street - D01 20,250,000 7,244 2,795 999 yrs from 1827Shophouse Land
Oct-15Telok Ayer Street - D01 10,500,000 8,941 1,174 999 yrs from 1827Shophouse Land
Oct-15Telok Ayer Street - D01 7,700,000 6,768 1,138 199 yrs from 2003Shophouse Land
Oct-15Ann Siang Hill - D01 3,168,000 5,066 625999 yrs from 1827Shophouse Land
Sep-15Stanley Street - D01 8,800,000 5,745 1,532 FreeholdShophouse Land
MARKET ANALYSIS OF COMMERCIAL SHOP

Shophouse

MASTERPLAN 2030

 

RETAIL FLOOR SPACE PER CAPITA

 

PIPELINE SUPPLY OF SHOP SPACE

 

RETAIL SPACE FUTURE SUPPLY

 

TOTAL NO PROJECTS WITH SHOP SPACE

 

PROJECTS D1 TO D4

 

PROEJCTS DISTRICT 5 TO 8

 

PROJECTS D9 TO D11

 

PROJECTS D12 TO D14

 

PROJECTS D15 TO D19

 

PROJECTS D20 TO D28

 

DEFINITION OF SHOP

 

DEFINITION OF RESTAURANT

TYPE OF SHOP

 

EXAMPLES OF PROJECTS

 

EXAMPLE OF CBD PROJECTS

 

PAST TRANSACTION PRICES IN CBD AREA

 

SHOP RENTAL PRICES VARIES DUE TO

 

RENTAL YIELD 4%

 

SHOPPING MALL RENTAL YIELD

 

BEFORE BUYING

What you need to know before forking out a tidy sum for it.

What’s the purpose for your purchase?

Whether you are considering a shophouse as a business office, residence, investment property or retail unit, determine whether the area you are looking at is a good fit for the purpose of your potential purchase. For instance, Chinatown has many shophouses being used as business offices and retail units, while Cairnhill and Emerald Hill are known as residential historic districts.

Find out more about zoning

Are you allowed to use your shophouse of choice for its intended purpose? Shophouses are officially zoned for different uses, depending on their location. Some shophouses are zoned residential, with shop units on the first floor and residential units on the upper floors.

Other shophouses are zoned commercial, but like those zoned residential, can also have shops on
the first floor and residences on the upper floors. Bars, food catering businesses and religious activities are among the uses not permitted on the premises of both residential and commercial shophouses. Depending on your intended use for it, you may need to obtain planning permission from the authorities. You can find out more about which activities require planning permission and which do not at the Urban Redevelopment Authority’s (URA) official website 

The pros and cons of conservation

There are several Historic Conservation Districts in Singapore, under which shophouses fall into three categories: Historic Districts, Residential Historic Districts and Settlements. There are different rules for buying and refurbishing shophouses in these districts.

For instance, shophouses in a Historic District such as Kampong Glam must be fully conserved, whether you convert the use of your shophouse to residential or commercial. In a Residential Historic District, the rules are less stringent, and you may make slight modifications to your shophouse. For full details on Historic Conservation Districts, study the URA’s Conservation Guidelines 

CLAIMING GST

Shophouse, Before registration

Pre-registration GST Incurred on Goods

You must satisfy all of the following conditions:

  • The goods are purchased or imported by your business for the purpose of making taxable supplies (standard-rated supplies and zero-rated supplies);
  • For goods acquired within 6 months before the date of your GST registration, the goods are still held by your business at GST registration; For example: Trading Stock: GST incurred on your trading goods is not claimable if the goods have been sold prior to your GST registration date
  • For goods acquired more than 6 months before the date of your GST registration, the goods have not been consumed (i.e. used) or supplied by your business before the date of your GST registration; and For example: F&B and Hotel Accommodation: GST incurred on food and beverages consumed by your staff and hotel accommodation incurred by your staff before your GST registration are not claimable.
  • The pre-registration GST claims are not disallowed under Regulation 26 and 27 of the GST (General) Regulations.

Pre-registration GST Incurred on Property Rental, Utilities and Services

You must satisfy all of the following conditions:

  • The expenses are incurred by your business for the purpose of making taxable supplies (standard-rated supplies and zero-rated supplies);
  • The expenses are incurred by your business within 6 months before the date of your GST registration;
  • The expenses are not directly attributable to supplies made by your business before the date of your GST registration; and For example: General Adminstrative Expenses: GST incurred on your office rental, utilities and maintenance services for your business premises are not directly attributable to supplies made before registration.
  • The pre-registration GST claims are not disallowed under Regulations 26 and 27 of the GST (General) Regulations.

Apportionment of Pre-Registration GST

Pre-registration GST is allowable only to the extent that the goods or services acquired are used or to be used for taxable supplies made after GST registration. 

If some of the goods acquired within 6 months before your GST registration date have been sold, transferred or disposed of, you are required to apportion the GST incurred according to the actual units held at your registration date.

If the goods acquired by you more than 6 months before your GST registration date have been used to make supplies straddling your GST registration (i.e. supplies before and after GST registration) or have been partially consumed before your GST registration, you are required to apportion the GST incurred.

Similarly, if the services, property rental or utilities acquired by you are used to make supplies straddling your GST registration, you are required to apportion the GST incurred. Only the portion of GST that is attributable to the supplies made after registration is claimable.

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