By private arrangement
Telok Ayer Conservation Area
Amoy Street
A conservation shophouse on one of the city's oldest streets, available off-market. Details and viewings are shared privately with qualified buyers.
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Conservation shophouses in SingaporeHeritage Luxe
Singapore's heritage shophouses are a finite collection. We help owners and investors buy, sell and lease conservation shophouses — discreetly.
Why shophouses
An asset with a story — and a supply that cannot grow.
Conservation rules protect the facades, and no new shophouses can be built. Many carry freehold or 999-year tenure. Full commercial shophouses carry no Additional Buyer's Stamp Duty (ABSD) or Seller's Stamp Duty (SSD), and foreigners are eligible to buy them.
Our founder, Jesmond Lee, was active in this market years before it drew international attention. Today we represent shophouses across the city's best-known conservation areas — including the Kampong Bahru stretch around our own office.
Freehold & 999
Long tenures are common
Conserved
Protected facades
No ABSD / SSD
On full commercial assets
Foreigners eligible
On full commercial assets
Income
F&B, retail and office tenants
The Signature Collection
Shophouses we are currently marketing
Hand-picked conservation shophouses from S$10 million to S$80 million. Tenancy details and viewings are shared privately with qualified buyers.
S$75,000,000
Chinatown / Tanjong Pagar
Pair of F&B Shophouses at Keong Saik vicinity
- Tenure
- Freehold
- Size
- 13,000 sqft
View property →
S$23,800,000
Boat Quay / Raffles Place / Marina
Hongkong Street Shophouse
- Tenure
- 99-year Leasehold
- Size
- 7,200 sqft
View property →
S$21,500,000
Alexandra / Commonwealth
Charming Corner Freehold F&B Shophouse with Lift
- Tenure
- Freehold
- Size
- 9,500 sqft
View property →
S$15,800,000
Chinatown / Tanjong Pagar
Tras Street full F&B approved shophouse
- Tenure
- 99-year Leasehold
- Size
- 4,359 sqft
View property →
S$13,000,000
Beach Road / Bugis / Rochor
High yield 2.5-storey shophouse with nightclub, bar, restaurant licence
- Tenure
- 99-year Leasehold
- Size
- 4,450 sqft
View property →
Where we work
The conservation districts
Singapore's shophouses sit in conservation areas designated by the Urban Redevelopment Authority (URA). Each category comes with its own rules on what you can change, which affects value, use and redevelopment potential.
01Historic Districts
The strictest level of conservation — the entire building is conserved. Many are full commercial, with no ABSD for buyers.
Chinatown
The original Chinese settlement, made up of four sub-districts.
- Telok Ayer (incl. Amoy Street & Club Street) →
- Tanjong Pagar →
- Kreta Ayer
- Bukit Pasoh (incl. Keong Saik)
Boat Quay
Historic trading shophouses along the Singapore River, now a busy F&B and nightlife strip.
Boat Quay shophouses for sale & rent →Kampong Glam
The traditional Malay quarter around Arab Street and Haji Lane, with low-scale shophouses.
Kampong Glam shophouses for sale & rent →Little India
Colourful late-19th and early-20th century shophouses along Serangoon Road and its side streets.
Little India shophouses for sale & rent →02Residential Historic Districts
Mainly residential terraces. A rear extension lower than the main roof is allowed.
Blair Plain
Includes the Kampong Bahru stretch around our own office — our home ground.
Blair Plain shophouses for sale & rent →Emerald Hill
Peranakan terraces just off Orchard Road.
Cairnhill
Quiet residential terraces close to Orchard.
03Secondary Settlements
Conserved street by street. Owners may keep the whole building or add a new rear extension up to the height allowed for the area.
Joo Chiat & Tanjong Katong
Peranakan shophouses with ornate facades and a strong local following.
Joo Chiat & Tanjong Katong shophouses for sale & rent →Geylang
Freehold shophouses near Paya Lebar, popular with F&B operators and investors.
Geylang shophouses for sale & rent →Jalan Besar
City-fringe shophouses with generous rear extensions.
Jalan Besar shophouses for sale & rent →Beach Road
Two- and three-storey shophouses on Purvis, Liang Seah and Tan Quee Lan Streets — the original European Town, just north of the city centre.
Beach Road shophouses for sale & rent →Balestier
Pre-war shophouses along Balestier Road between Thomson and Moulmein Roads, in an area dating back to the 1840s.
Also:Tiong Bahru · River Valley · Mount Sophia · Upper Circular Road · Jalan Jurong Kechil
Classification based on URA's conservation areas. Rules on use and extensions are subject to URA guidelines and approval.
Heritage Luxe insights
Know before you buy
Plain-English guides to owning a Singapore shophouse — the rules, the costs and what to check.
Architecture guide
Singapore Shophouse Styles: A Guide to the Six Architectural Styles
Read · 6 min →
Buyer's guide
How to Buy a Conservation Shophouse in Singapore: A Step-by-Step Guide
Read · 7 min →
Tax & ownership
Do Foreigners Pay ABSD on Shophouses? Stamp Duty, GST and Ownership Rules
Read · 5 min →
Conservation
URA Conservation Rules for Shophouses: What You Can and Can't Change
Read · 5 min →
The Heritage Luxe service
From first viewing to handover
01
Acquisition
Access to off-market shophouses through owners we have known for years, with a clear view of tenure, zoning and the income each unit earns.
02
Disposal
A quiet, curated sale to a shortlist of qualified buyers — family offices, funds and private investors — rather than a public listing.
03
Leasing
Placing F&B, retail and office tenants whose use suits the building's approved use and conservation guidelines.
04
Market analysis
Pricing based on recent comparable sales and rents on the same street, so you know what your shophouse is really worth.
“I believe in prioritising the interests of my clients over profits. When you give genuine value to the world, it finds a way to deliver it back.”
Private consultation
Looking to buy, sell or lease a shophouse?
Many of our shophouse deals happen privately, before they reach the open market. Speak to us over coffee at our Kampong Bahru office.