Shophouse for Sale
Shophouse for sale in Singapore comes in many different forms. it can be broken down in the following categories.
Conservation Shophouse for Sale
There are commercial conservation shophouses and residential conservation shophouses. Most can be found in the CBD, Little India, Kampong Glam, Geylang and Joo Chiat area. Although some can also be found in River Valley and Orchard area.
Conservation shophouses are popular because they are rare. There are only about 6,500 such shophouses in Singapore. Owning a shophouse is like owning a history of Singapore. These unique buildings are constructed between the 1840s and 1960s.
Average rental yield for these shophouses usually ranges from 2.5% to 2.8%. But most investors held a longer-term view for such investment.
Strata Shop Space
Besides the shopping malls, there are a lot of strata malls in Singapore. Most malls are built as a mixed development with residential units in the same building.
These malls add as an extra shopping option especially bigger malls do not have smaller local shops as their tenants. Rental yields can be very attractive after the estate they are in matures.
other than strata title malls, HDB shophouse is another shop space investment option. Constructed in the early days to bring more convenient for the HDB dwellers, most HDB shophouses still plays a big part in everyday life. These properties are mostly found in the town centre of most HDB estate. Some of these shophouses have living quarters on the second level of the shop.
There are a small group of people that invest in coffee shops. these are usually coffee shops owners themself. This type of property can give you a higher rental yield but it can be riskier if you can’t find vendors to fill up the space.
Hotels and Hostels
Another type of rare commercial property. This usually involves higher investment and also confined to a smaller group of investors.
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