Shophouses—a historical source of delight and nostalgia—are a prevalent building type in Singapore’s architectural and built heritage. They are also commonly found throughout the historic cities of South East Asia. They are narrow, small terraced houses, with a sheltered ‘five foot’ pedestrian way at the front. These buildings can be used for both business and living.
Good frontage with unobstructed view make these shops very attractive. F&B, retails and in the vicinity of heavy human traffic make these investments especially viable if they are near offices and MRT stations.
There are also newer built shophouses built by HDB and some of them have 2 separate type status i.e. residential on the upper level equivalent to a HDB 3 bedroom and the commercial type status at the ground level. However there are also some with full commercial status type while some are only single ground level type.[raw]
These are demand driven developments which serve well in HDB estates.