For Sale
Shophouses for Sale in Singapore
Commercial shophouses for sale with full commercial zoning, Qualifying Certificate–friendly structures, and CBD fringe scarcity — without residential ABSD.
Commercial shophouses remain one of Singapore's most efficient ways to hold character real estate with institutional-grade zoning clarity. When a unit enjoys full commercial zoning no ABSD, purchasers pay buyer stamp duty commercial properties rates only — a decisive advantage versus residential or mixed-use conservation terraces that may attract Additional Buyer's Stamp Duty.
Our commercial desk covers District 01–02 CBD corridors including Tanjong Pagar, Telok Ayer, Amoy Street, Club Street, and Boat Quay, alongside city-fringe stock in District 07–08. Pair this inventory view with our commercial vs residential ABSD breakdown and conservation shophouses for sale silo. HDB commercial shops and living quarters are a different product — start at HDB shophouses. Buyers whose filter is perpetual title should read freehold shophouses for sale in Singapore.
Current commercial & dual-use opportunities
Underwriting checklist
- Confirm Master Plan zoning and any residual residential use rights
- Model buyer stamp duty commercial properties vs ABSD scenarios
- Review URA conservation grade and approved rear extension envelope
- Stress-test F&B licensing and change of use timelines
- Benchmark rents against Club Street / Telok Ayer comps
Advisory next step
Looking beyond public inventory?
Off-market commercial shells and silent mandates — speak to a specialist.
Frequently Asked Questions
How is buyer stamp duty calculated on commercial shophouses?+
Buyer stamp duty commercial properties follows IRAS commercial/industrial rates on the higher of purchase price or market value. Unlike residential purchases, Additional Buyer's Stamp Duty (ABSD) does not apply when the property is fully zoned commercial.
Can I operate an F&B outlet in a commercial shophouse?+
Yes, subject to URA change of use approval, SCDF fire safety, NEA requirements, and F&B licensing from Singapore Food Agency. Conservation façades must remain compliant with the applicable URA conservation grade.
Are Qualifying Certificate exemptions available?+
Foreign corporate purchasers of commercial property may benefit from Qualifying Certificate exemptions that do not apply to residential developments. Confirm structure with counsel — commercial shophouses are often preferred precisely for this reason.
What yields do CBD commercial shophouses typically deliver?+
Gross yields for Tanjong Pagar and Telok Ayer commercial stock commonly range from 2.5% to 3.5%, with total returns driven by capital appreciation in scarce freehold and long-leasehold conservation stock.