Singapore shophouses have distinct architectural features that reflect their historical development. The initial shophouse style, known as Early Shophouse Style, emerged in the mid-1840s and laid the foundations for subsequent styles. These buildings often feature a combination of residential spaces on the upper floors and commercial spaces on the ground floor.
Singapore's shophouse market has shown notable activity in recent years. Transaction values for shophouses reached a record high in 2021, with total sales of S$1.9 billion. This surge in sales indicates the ongoing demand and value placed on these properties. Notably, certain districts, such as District 1 and District 2, remain favored areas for shophouse transactions.