HDB ground floor shop at Woodlands Street 31, unit #xx-xx.

An HDB ground floor shop in Singapore typically commands a premium due to high visibility and convenient access for customers. Recent market activity indicates that HDB shop prices can vary significantly based on location, tenure, and size. For example, a ground floor HDB shop, such as the one that previously housed a Popular bookstore, had an asking price of about 2,132 per square foot for a single-storey retail unit in Marine Parade. Transactions for HDB shophouses in other estates, such as Bedok Central, have been listed at close to 3.95 million for double-storey units.

Valuations for ground floor HDB shops in heartland locations such as Woodlands or Bedok generally fall between 2,000 and 2,500 per square foot for well-positioned units. However, area, shop frontage, remaining lease, and tenant profile can all influence this range. You can analyse actual past transaction prices using EdgeProp Singapore’s tools, which enable filtering specifically for ground-floor HDB commercial units to get accurate comparative pricing.

For the most up-to-date valuation, it is advisable to use the Edge Fair Value calculator and review recent transactions in the specific area, as this reflects immediate market sentiment and buyer demand.