The Ultimate Guide to Buying Shophouses in Singapore as a Foreigner

Dec 13, 2023


Welcome to SG Luxury Homes, the premier real estate agency in Singapore specializing in luxury properties, home services, and real estate expertise. In this comprehensive guide, we will delve into the exciting world of shophouses in Singapore and explore how foreigners can own these unique properties.

Understanding Shophouses in Singapore

Shophouses are iconic buildings that have played a significant role in shaping Singapore's architectural heritage. These heritage structures blend residential and commercial elements, featuring a shop on the ground floor and living quarters on the upper levels. Shophouses offer a perfect mix of historical charm and modern amenities, making them a popular choice for both locals and expatriates.

Can Foreigners Buy Shophouses in Singapore?

One of the commonly asked questions by foreign investors is whether they can buy shophouses in Singapore. The good news is that there are generally no restrictions for foreigners when it comes to purchasing shophouses for investment purposes in Singapore. However, there are specific guidelines and conditions that must be followed.

Eligibility Criteria for Foreign Buyers

In order to buy a shophouse in Singapore as a foreigner, you must meet certain eligibility criteria. These include:

  • Being at least 21 years old
  • Having a valid Singaporean address
  • Obtaining approval from the Singapore Land Authority (SLA)
  • Ensuring compliance with the Residential Property Act

The Process of Buying a Shophouse as a Foreigner

Here is a step-by-step guide to help you navigate through the process of buying a shophouse in Singapore as a foreigner:

Step 1: Engage a Reputable Real Estate Agent

Working with a knowledgeable and experienced real estate agent is crucial when it comes to purchasing a shophouse in Singapore. At SG Luxury Homes, our team of expert real estate agents specializes in assisting foreigners in finding the perfect shophouse that meets their requirements.

Step 2: Obtain Approval from the Singapore Land Authority (SLA)

As a foreigner, you will need to seek approval from the Singapore Land Authority (SLA) before purchasing a shophouse. The SLA will review your application to ensure compliance with the Residential Property Act. It is advisable to engage the services of legal professionals who are well-versed in Singapore's property laws to help you with the application process.

Step 3: Financing Options

It is crucial to explore your financing options before proceeding with the purchase. As a foreigner, you may face certain restrictions in obtaining a mortgage loan for buying a shophouse. However, there are various financing options available, and our team at SG Luxury Homes can guide you through the process and connect you with reputable financial institutions.

Step 4: Conduct Due Diligence

Prior to finalizing the purchase, it is essential to conduct thorough due diligence. This includes inspecting the property, reviewing relevant documents, and assessing any potential risks or legal issues. Engaging the services of a qualified property surveyor and a real estate lawyer can ensure a smooth and secure transaction.

Step 5: Seal the Deal

Once all necessary checks and procedures are completed, it's time to seal the deal. Your real estate agent will assist you in negotiating the purchase price and finalizing the terms and conditions of the sale. Upon successful completion, you will become the proud owner of a shophouse in Singapore!

Benefits of Owning a Shophouse in Singapore

Investing in a shophouse in Singapore offers numerous benefits, including:

  • Strong potential for capital appreciation
  • Flexible usage options (residential, commercial, or both)
  • Historical and cultural significance
  • Unique architectural features and designs
  • Excellent location within vibrant neighborhoods


Shophouses in Singapore provide an exciting investment opportunity for both locals and foreigners. At SG Luxury Homes, we are committed to helping you find the perfect shophouse that meets your requirements and guiding you through the process of purchasing a property in Singapore. Contact our team of expert real estate agents today to embark on your shophouse ownership journey!

can foreigner buy shophouse in singapore