13/06/2026
A pair of freehold shophouses in Katong is now on the market for $16 million. This pricing reflects the premium that landed freehold properties in mature, heritage-rich areas continue to command.
For context, shophouses in prime districts like Katong rarely come up for sale, and when they do, they attract both investors and owner-occupiers who value the scarcity and character of such assets. The $16 million price tag also shows how alternative property types can sometimes outpace traditional condominiums in terms of capital appreciation, especially in well-established neighborhoods with strong rental and commercial potential.
If you're weighing options between new launches, resale condos, or alternative assets like shophouses, understanding the trade-offs in liquidity, maintenance, and long-term value is essential.
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Source: Stacked Homes
Two freehold conservation shophouses at 57 and 59 East Coast Road in Katong are listed at $16M. Combined GFA estimated at 4,500 sq ft, with a 3.0 GPR maximum of 7,563 sq ft. No ABSD, foreign buyers eligible.