Best area to invest in shophouse that is affordable.

For investors seeking affordable shop house opportunities in Singapore, the East Coast Road area stands out as a prime choice. Currently, a corner freehold shophouse at 272 East Coast Road is being marketed for $9.5 million, which is considered relatively affordable compared to traditional hotspots like Chinatown or the Central Business District, where prime shophouse prices can soar much higher. The East Coast area benefits from strong local footfall, proximity to private and landed housing, and a vibrant F&B and lifestyle scene, enhancing rental and capital appreciation potential.

Another area to consider, though typically pricier, is Chinatown, where a three-and-a-half storey freehold shophouse at 15 Trengganu Street is on the market at $20 million. While Chinatown offers excellent rental demand due to tourism and established business activity, entry prices here are generally higher.

For investors with a focus on affordability and long-term upside, city fringe areas like East Coast Road offer a good balance between initial outlay and future growth prospects, especially as redevelopment and gentrification gradually uplift these neighbourhoods. Keep an eye on listings and transaction trends on EdgeProp Singapore to identify the most attractive deals in these districts.