The Singapore commercial property market is witnessing yet another attractive opportunity. Two prominent shophouses, one located in Paya Lebar and another in Ang Mo Kio, are now on the market for a combined price of $10.06 million. Their prime locations, strong rental potential, and limited availability make them standout options for discerning investors.
Location & Significance
1. Paya Lebar Shophouse

Location: Situated in a bustling commercial and business hub.
Nearby Amenities: Paya Lebar MRT interchange, major malls, office buildings, and retail shops.
Why It’s in Demand: Large working population and high pedestrian traffic ensure consistent rental demand.
2. Ang Mo Kio HDB Shophouse
- Location: Located in the heart of the popular residential town of Ang Mo Kio.
- Nearby Amenities: Markets, bus interchange, MRT station, and residential HDB clusters.
- Why It’s in Demand: Limited supply of HDB shophouses and suitability for local businesses make it highly desirable.
Property Features
Paya Lebar Shophouse:
- Multi-storey layout
- Ground floor retail space with upper floors for office or studio use
- High visibility with strong footfall
- Well-maintained interiors with modern fittings
Ang Mo Kio HDB Shophouse:
- Ground floor commercial space with a residential unit above (HDB regulations apply)
- Flexible use – ideal for F&B, retail, or service-based businesses
- Consistently high local foot traffic
- Long leasehold tenure under HDB
Investment Advantages
- Steady Rental Income – Both properties are in high-footfall areas, offering strong rental returns.
- Limited Supply – Shophouses, especially near MRT stations and busy hubs, are rare and in high demand.
- Capital Appreciation Potential – Prime locations often see consistent value growth over time.
- Flexible Usage – Suitable for retail, F&B, office, or a combination of uses.
Market Trends & Demand
The shophouse segment in Singapore has shown robust performance in recent years:
- Commercial shophouse prices have steadily risen, particularly in central and well-connected areas.
- HDB shophouses remain highly sought after due to their unique combination of residential and commercial use.
- According to Knight Frank and CBRE, both rental and capital values for shophouses are expected to rise further over the next 2–3 years.
Potential Buyers
- Local Investors – Seeking steady rental yields and long-term capital growth.
- Property Developers – Looking to remodel or upgrade the units for higher rental returns.
- Business Owners – Wanting to secure a prime location for their operations.
Deal Summary
| Property | Location | Type | Price | Usage |
| Paya Lebar Shophouse | Paya Lebar | Commercial | Approx. $X million* | Retail/Office |
| Ang Mo Kio HDB Shophouse | Ang Mo Kio | HDB Commercial + Residential | Approx. $X million* | Retail/F&B |
*Combined total price: $10.06 million.
Conclusion
The Paya Lebar and Ang Mo Kio shophouses present an excellent investment opportunity for those looking to enter or expand within Singapore’s commercial property market. With prime locations, limited supply, strong rental demand, and the potential for capital appreciation, these properties are ideal for investors seeking long-term value.
For anyone aiming to secure a strategic foothold in Singapore’s vibrant retail and commercial sectors, this $10.06 million deal stands out as a rare and promising option.