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Boat Quay · District 1Boat Quay shophouses for sale & rent

Riverside shophouses on the Singapore River, facing the towers of Raffles Place.

About Boat Quay shophouses

Boat Quay was once the busiest stretch of Singapore's port, lined with the godowns and shophouses of river traders. It was among the first areas conserved by URA in 1989.

Today its shophouses, and those on Circular Road and Hongkong Street behind them, are home to restaurants, bars and offices serving the CBD next door. River-facing units are the rarest.

Area type
Historic District
District
District 1
Tenure
Mostly 99-year and 999-year leasehold, with some freehold.
Nearest MRT
Raffles Place, Clarke Quay
Key streets
Boat Quay, Circular Road, Hongkong Street, North Canal Road, Lorong Telok

Buying a shophouse in Boat Quay: common questions

Can foreigners buy a shophouse in Boat Quay?

Yes, if the shophouse is approved for full commercial use. Shophouses with a residential component are restricted property, and foreign buyers generally need government approval. We check the approved use of every property before you commit.

Is ABSD payable on Boat Quay shophouses?

No. Full commercial shophouses carry no Additional Buyer's Stamp Duty (ABSD) and no Seller's Stamp Duty. Buyer's Stamp Duty still applies, and GST may be payable if the seller is GST-registered. If part of the building is residential, ABSD may apply to that part.

What can a Boat Quay shophouse be used for?

Restaurants, bars and offices. We check the approved use and any licences for every property.

General information only — see our disclaimer. For advice on a specific property, call +65 6988 0707 or read our shophouse guides.