How to Buy a Shophouse in Singapore - A Comprehensive Guide by

Dec 2, 2023


Welcome to, your ultimate destination for all your real estate needs in Singapore. In this guide, we will walk you through the process of buying a shophouse in Singapore, providing you with valuable insights and expert advice every step of the way.

Section 1: Understanding Shophouses in Singapore

Before diving into the buying process, it is crucial to have a clear understanding of what shophouses are and why they are such a unique and sought-after property type in Singapore. Shophouses are traditional two or three-story terraced buildings that were originally used for both commercial and residential purposes.

Today, shophouses offer a blend of historical charm and versatile usage. Their distinctive features, such as intricate facades, ornate detailing, and open-air courtyards, make them highly desirable among both investors and homeowners.

Section 2: Benefits of Owning a Shophouse

Investing in a shophouse can be a lucrative venture due to various reasons:

  • Rental Income: Shophouses often generate attractive rental yields, especially if located in prime areas with high foot traffic.
  • Capital Appreciation: The historical significance and limited supply of shophouses contribute to their potential for long-term capital appreciation.
  • Opportunity for Business: Shophouses provide the perfect setting for entrepreneurs to run their own businesses while residing on the upper floors.
  • Preservation of Culture: By investing in a shophouse, you contribute to the preservation of Singapore's rich architectural heritage.

Section 3: Steps to Buying a Shophouse in Singapore

Step 1: Educate Yourself

Prior to making any major investment, it is important to educate yourself about the real estate market, regulations, and financing options. Familiarize yourself with the various types of shophouses available and their respective price ranges.

Step 2: Establish Your Budget

Set a realistic budget based on your financial capabilities and preferred location. Consider additional costs such as renovation expenses, legal fees, and property taxes in your calculations.

Step 3: Engage a Reputable Real Estate Agent

At, we connect you with experienced and reliable real estate agents specializing in shophouse transactions. They possess in-depth knowledge of the market, ensuring you make informed decisions throughout the process.

Step 4: Search and Evaluate Properties

Utilize our comprehensive search platform to explore the wide range of shophouses available in Singapore. Narrow down your options based on your preferences and conduct thorough inspections to assess the condition and potential of each property.

Step 5: Financing Options

Consult financial experts to explore the various financing options available for purchasing a shophouse. They will help you choose the most suitable loan packages and guide you through the application process.

Step 6: Negotiation and Offer

Rely on the expertise of your real estate agent to negotiate the best deal for you. Take into account factors such as the property's location, condition, and market demand when making your offer.

Step 7: Legal Matters

Engage a trusted lawyer to handle the legal matters pertaining to the purchase. They will ensure all necessary documents are in order, conduct title searches, and facilitate smooth transactions.

Step 8: Property Valuation and Survey

Get a professional property valuation and survey to ensure the property's value aligns with your expectations. This step provides an additional layer of protection and ensures a fair purchase price.

Step 9: Financing Approval and Documentation

Once your financing is approved, finalize the mortgage documentation and other necessary paperwork under the guidance of your lawyer.

Step 10: Completion and Handover

Congratulations, you are now the proud owner of a shophouse! Proceed with the payment, complete the handover process, and begin planning for renovations or business setup.


Buying a shophouse in Singapore is an exciting venture that offers both financial rewards and unique cultural experiences. At, we are committed to helping you make informed decisions and providing exceptional home services. Start exploring the available shophouses today and embark on your journey towards owning a piece of Singapore's architectural heritage!

how to buy a shophouse in singapore