Shop for Sale
There are different types of shop for sale. The strata title mall shops and the HDB shophouse are two of the most popular one around. The strata mall shops are usually smaller in size hence the capital outlay is more manageable
Strata Titled Shop for Sale
Strata titled shop space are very common in Singapore. They can be found in many places around the island. In the past, most of the strata title malls are usually located in the city area. Now you can find malls like this all over Singapore.
Strata malls act like an in-between kind of shop. They usually don’t have larger brands in the mall itself. However, you can find any kind of services like spa, hair salon, beauty salon, clinics, banks, and even enrichment schools.
In the past, many people bought strata mall shops for their use. However, now most people bought them as a form of investment. Another reason why these commercial properties are so popular is also because there are no additional buyer stamp duty (ABSD) for commercial properties. And strata shop are smaller in size and require less maintenance and upkeeping compare to conservation shophouses. Hence it is smaller in capital outlay, making it more affordable.
HDB shophouse is another shop space investment option beside strata titled shop. Like their strata-titled malls’ cousin, HDB shophouses served the daily needs of many Singaporean in the past and even now. But as these shop owners age and their trades becomes obsolete. Many owners started selling these shophouses and use the proceeds for their retirement fund. However, HDB shophouses are still popular among investors because of lower maintenance and upkeeping too.
If you are looking for more shophouse for sale, contact us for more details now.