Updated September 2026. This is a due-diligence framework, not legal, tax, financial or investment advice.
Start with permitted use and title
A shophouse combines land, building, tenancy, planning and conservation considerations. Heritage or scarcity does not by itself establish income, liquidity or appreciation.
- Confirm title, tenure, ownership eligibility and approved use.
- Check conservation controls, alterations, fire safety and building condition.
- Review tenancies, operating costs, GST and property-tax treatment.
- Test financing, vacancy, repair and refinancing scenarios.
- Compare transactions only after matching location, use, tenure, condition and date.
Obtain property-specific advice from qualified legal, tax, planning, building and financing professionals. Do not rely on general yield or capital-growth claims.