What Does It Mean?
A shophouse is a traditional two- to four-storey building — ground-floor commercial space with residential or office units above — many of which sit in URA conservation areas with strict facade preservation rules. Conserved shophouses are a scarce, freehold-heavy asset class not subject to ABSD when zoned commercial, which has made them highly sought after by wealthy investors and family offices.
Why It Matters
Conserved shophouses are a scarce, largely freehold asset class that — when commercially zoned — sidestep ABSD entirely, which is why family offices and high-net-worth investors prize them. Their conservation rules also cap supply permanently, underpinning long-run value.
Where to Find This on ShiokNest
- Commercial tab
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Official Sources
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Frequently Asked Questions
Do shophouses attract ABSD?
Can foreigners buy shophouses?
This glossary article is auto-generated from ShiokNest's financial data and updated periodically. Rates and figures are current as of July 2026. Check official sources for the latest.