Two East Coast Road Shophouses for Sale at $20 Million

Singapore’s East Coast Road is widely known for its vibrant mix of heritage, culture, and thriving F&B scene. Now, investors and business owners have a unique opportunity to secure not just one but two conserved freehold shophouses located along this bustling stretch. Together, these properties are being offered at a guide price of S$20 million, making them highly attractive assets in one of Singapore’s most desirable neighborhoods.

Location Advantage – The Heart of Katong and East Coast

The shophouses are strategically positioned along East Coast Road, in the lively Katong district. This area is a well-loved lifestyle destination, known for its blend of heritage Peranakan architecture, trendy cafés, and popular dining spots.

One of the properties is located directly opposite i12 Katong Mall, a modern shopping hub with retail stores, restaurants, and entertainment facilities. The second is right across from Roxy Square, another vibrant commercial spot that attracts heavy footfall from both residents and tourists.

What makes this location even more attractive is the upcoming Marine Parade MRT Station on the Thomson-East Coast Line, which will significantly enhance connectivity and accessibility once completed. This means the properties will likely appreciate in value and rental demand in the near future.

Property Details – Two Distinct but Complementary Assets

• First Shophouse
  • Land area: Approx. 1,344 sq ft
  • Positioned directly opposite i12 Katong
  • Approved for full F&B usage across both floors
  • Indicative price: S$10.5 million
• Second Shophouse
  • Land area: Approx. 951 sq ft
  • Located opposite Roxy Square
  • Permanent approval for F&B usage
  • Features a rare external staircase that provides flexibility for dual operations or private dining concepts
  • Indicative price: S$9.5 million

Both shophouses can be purchased individually or collectively, offering buyers flexibility depending on their investment appetite.

Why Invest in Shophouses on East Coast Road?

1. Rare Availability
   Shophouses in prime East Coast locations seldom hit the market. Their scarcity makes them highly sought after among investors who value long-term capital appreciation.
2. Heritage Charm Meets Modern Business Potential
   These are conserved freehold properties, which means they carry historical significance and timeless architectural appeal while still being adaptable for modern businesses.
3. F&B Ready Spaces
   With F&B approval already secured for both properties, buyers can save valuable time and resources. The external staircase in one unit also creates possibilities for operating two separate businesses or creating exclusive VIP/private dining areas.
4. Steady Rental Yields
   Katong and East Coast are well-established F&B hotspots. Rental rates for shophouses in this area can range from S$8–10 per sq ft, providing solid rental yields for landlords. With the upcoming MRT, demand is expected to increase further.
5. Strong Footfall and Visibility
   Positioned along a busy road with constant pedestrian and vehicle traffic, these shophouses enjoy maximum visibility. The surrounding malls, eateries, and hotels ensure a steady flow of customers for F&B operators.

Market Context – Shophouse Demand in Singapore

Shophouses have been one of the most resilient property segments in Singapore. Despite cooling measures in the residential market, demand for commercial shophouses has remained strong due to:

• Foreign investor interest: Unlike residential properties, commercial assets are not subject to Additional Buyer’s Stamp Duty (ABSD).
• Limited supply: Conserved shophouses are finite, adding to their exclusivity.
• High prestige: Owning a shophouse in areas like Katong, Chinatown, or Tanjong Pagar is seen as a status symbol.

Over the past few years, many such properties have changed hands at record prices, underscoring their strong investment appeal.

Potential Use Cases

• Upscale Restaurant or Café – Given the F&B approvals, these shophouses are ideal for new-to-market dining concepts or established brands expanding in Singapore.
• Co-working or Creative Studios – With their unique layouts and heritage feel, the units could be converted into boutique offices or studios.
• Boutique Retail Store – Fashion, art, or lifestyle brands could take advantage of the high foot traffic.
• Private Clubs or Bars – The external staircase makes one of the shophouses particularly suitable for exclusive club-style concepts.

Conclusion – A Rare Dual Opportunity

The sale of these two East Coast Road shophouses represents a rare dual opportunity for investors and entrepreneurs. Whether acquired separately or together, the properties combine heritage value, strong business potential, and promising capital growth.

At a total guide price of S$20 million, they present not just real estate investments but lifestyle assets in one of Singapore’s most vibrant cultural districts. For savvy buyers, this is a chance to secure a piece of Katong’s history while tapping into its thriving F&B and retail ecosystem.