Retail Shops For Sale Singapore

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Shops for Sale Singapore

Directly from Developers

Despite a slightly subdued performance in Q4 2021 due to the holiday season and the reopening of borders, the shophouse market has had a phenomenal year of sales, with transaction values and prices reaching all-time highs. The epidemic and instability in several regions of the world have fueled a surge in interest in shophouses during the last year. While many countries struggled to cope with the pandemic, Singapore rolled out its vaccination program gradually and quickly reopened its economy. This, combined with surplus cash and low loan rates, has boosted investor demand for shophouses.

The government announced a raft of property cooling measures on December 16, 2021, including an increase in the Additional Buyer's Stamp Duty (ABSD) rates for foreigners and property speculators purchasing residential property. Commercial properties, such as shophouses, are expected to attract increased interest from investors and foreigners trying to protect and grow their capital in 2022.

city gate logo

City Gate

Mixed Development

at Beach Road

 

city gate facade
  • Rare shops for sale in a modern landmark city mall
  • Located and highly visible at Beach Road
  • Direct sheltered link to Nicoll Highway MRT Station linking more foot traffic
  • 30 storey mixed development located at Singapore Central Region
  • Three levels of shopping and dining choices spanning over 155,000 sqft of retail and F&B spaces
  • Impressive 250 m wide street frontage with multiple points of entry
  • Shops are installed with clear 3 m of glass facade allowing owners to visibly showcase products and shop concept
  • Ongoing human traffic from nearby offices and from the 311 unit residential tower above
  • Foreigners are eligible with no additional buyer’s stamp duty (ABSD) and no seller stamp duty (SSD)
  • Prices

    Shops From S$1,7XX,XXX

    PSF from S$2,3XX (Estimate)

  • Sizes

    From 495 sqft (46 sqm) to 646 sqft (60 sqm)

  • Location

    Junction of Beach Road and Jalan Sultan (District 7)

  • Developer

    Bayfront Ventures

  • Completion (or TOP)

    Completed

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