Shophouses by District: 3Q2026 Read
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Shophouse buyers in Singapore completed 21 transactions in 3Q2026, up from 16 in 2Q2026, according to a research house cited by EdgeProp in an article of 9 October 2026 that drew on URA data downloaded on 8 October 2026. The headline count matters less than which districts the deals fell in, so this note reads the report district by district.
Total transacted value fell 18.6% quarter on quarter, which the research house described as a return to a normal baseline, because 2Q2026 had been lifted by a single sale of three adjoining shophouses on Lorong Liput. EdgeProp added that more than 70% of the shophouses sold in 3Q2026 belonged to the higher-value tier, so large deals still set the tone. Across the first nine months of 2026, 51 shophouses changed hands against 68 a year earlier, a drop of 25%, with total value down 31.5% year on year.
District by District Around Shoppes @ Sky Eden
Location explained much of the activity. EdgeProp reported that freehold and 999-year leasehold shophouses made up 81% of 3Q2026 volume, and that deals clustered in Districts 8 and 15. One analyst cited by EdgeProp linked investor interest in these older tenures to wealth preservation. The same analyst pointed to favourable interest rates, constrained supply and foreign-ownership rules elsewhere in the property market as reasons the segment continues to draw capital. The research house added that shophouses are among the few asset classes with minimal foreign ownership restrictions, which keeps ownership tightly held, and tied the segment's resilience through the rest of 2026 to Singapore's standing as a premier destination for ultra-high-net-worth individuals.
- Districts 8 and 15: the two districts where 3Q2026 shophouse deals were concentrated, according to EdgeProp.
- Tenure: freehold and 999-year leasehold shophouses accounted for 81% of volume.
- District 2: median rents rose the most for a second consecutive quarter, by 8.9% quarter on quarter.
- Leasing: 800 rental contracts were signed in 3Q2026, up 4.2% from 768 in 2Q2026, while median rents overall were unchanged quarter on quarter.
Restaurant Openings and Leasing Beyond Shoppes @ Sky Eden's Neighbourhood
EdgeProp credited part of the leasing uptick to restaurant openings, naming Árō Singapore, Assaggi, Casa Lola and KIN-NOMI. Food and beverage tenants therefore featured in the leasing numbers just as they did in the sales conversation. A rise of 4.2% in contract counts is modest in size but shows steady activity across the shophouse belt, and the rent movement in District 2 shows that neighbourhood-level differences can run well ahead of the island-wide median.
Shoppes @ Sky Eden adds a district-level counterpart in District 16, with 12 F&B-approved strata retail units on the ground floor of Sky Eden@Bedok, a 17-storey mixed-use tower at 1 Bedok Central, Singapore 469657. The units range from approximately 398 to 1,313 sq ft, about 11,193 sq ft combined, on a 99-year leasehold tenure, with Bedok MRT around a three-minute walk away. Retail units suit operators in the food and beverage trade, and the development has reached TOP stage, and The Assembly Place is the developer entity associated with the retail component. The location page maps the surroundings of Bedok Central and the MRT link.
Questions on unit availability, sizes or the price list go to the Sales Concierge through the contact page.
Source: EdgeProp, 9 October 2026.
General information only, not financial or legal advice.
Source: EdgeProp. This article is independent commentary; Shoppes @ Sky Eden is not affiliated with the parties mentioned.