Shophouses are quintessential architectural icons in Singapore. These bright and ornate two- to three-level buildings have shops on the lower levels and residential floors above. Imagine working in Tanjong Pagar and enjoying the comfort and convenience of your surroundings.
Everything you need, whether a printing shop or a hawker centre, is usually just a few steps away. If you’re planning to purchase property in Singapore, Keep reading to find out why these might just be the investment you’re looking for.
- Many of the existing shophouses are located in central Singapore, making them convenient to rent
- Their value is soaring; shophouse investments have increased by 16.1% in 2020 compared to the year before
- Unlike an HDB, shophouses offer owners the freedom to convert the spaces into offices, boutique hotels, restaurants, residential properties, and more