Selling a conservation shophouse in Singapore

Researched and written 2026-09-29 13:03 SGT · 9 sources listed at the end · draft 1 · figures verified against the named sources on the date shown; where a source has since moved, the element carries a marker.

I am a realtor, and I earn a commission only if this sale completes. That fact colours every recommendation on this page, so I say plainly, in the sections marked as such, where my incentive points — including where it points against you or against me. Everything else here is the tax, financing, conveyancing and heritage mechanics as they actually stand today.

A conservation shophouse is two assets stacked in one title: a gazetted heritage building, whose fabric and use URA controls whether or not you own it for investment, and an ordinary piece of real estate, which is taxed and financed by what it is actually zoned and used for — commercial, mixed-use, or carrying a residential component. Selling one means answering both questions, not one. Most of what changes on exit is downstream of which of those two things — or both — your unit actually is.

The mechanics: what conservation actually locks down

URA's own conservation doctrine is 'maximum Retention, sensitive Restoration and careful Repair' — selective replacement only where a building element is genuinely beyond saving, and total reconstruction treated as running counter to accepted conservation standards. Every original structural and architectural element is to be retained and restored; where replacement is unavoidable, the owner needs URA's clearance for a one-to-one replacement using the original design and materials. This is the fact that shapes almost everything else below: you are not selling a building your buyer can knock down and start over, you are selling a building whose fabric is protected before, during and after your ownership.

Every addition-and-alteration on a conserved shophouse falls into one of three categories, and URA's Conservation Permission is required before any of them starts, in every gazetted area, with no de minimis exemption. Category 1 and 2 works need a Registered Architect (Category 1) or a Registered Architect or Professional Engineer (Category 2), with a decision in about 20 working days; Category 3 — minor, localised repair and maintenance — needs no Qualified Person at all and clears in about two weeks. Conservation Permission itself carries a S$500 processing fee and runs about 10 working days, separately from any BCA structural or SCDF fire-safety submission the works also trigger.

Tenure is a separate question from conservation status, and the two do not move together. A conservation shophouse can be freehold or leasehold; gazetting does not extend, shorten or otherwise touch the lease. A buyer's lender treats tenure as its own line item, addressed in the borrowing section below — a 999-year and a 99-year conservation unit on the same street can face materially different financing even though URA treats their fabric identically.

Eligibility: who can actually buy what you are selling

• No income ceiling applies to a shophouse purchase
• No Minimum Occupation Period applies — it is not an HDB flat
• No ethnic quota applies — the Ethnic Integration Policy is an HDB-resale mechanism only
• The real screen your buyer pool passes through is capital, financing appetite, and, where the unit carries a residential-use component, citizenship and the Residential Property Act — covered next

That absence of an eligibility scheme is itself a fact worth naming: it widens your buyer pool beyond the HDB-style gates that shape a residential sale, but it also means nothing filters out a buyer who cannot actually finance the deal. Commercial lending, addressed below, is a much less standardised process than a residential mortgage, and a conservation shophouse sits at the tighter end of that range.

Citizenship status: SC, PR, foreigner, the five FTA nationals — and where conservation status does and does not matter

Be precise about what conservation gazetting changes here: nothing. A purely commercial conservation shophouse — no residential permitted use at all — sits outside the Residential Property Act's definition of residential property entirely, and outside Additional Buyer's Stamp Duty entirely, regardless of your buyer's citizenship, residency, or how many other properties they already own. Singapore Citizen, Permanent Resident, foreigner, entity — all pay the same 0% ABSD on the fully commercial portion of a shophouse. This is the single biggest structural difference from selling a home.

Where your unit carries an approved residential-use component — commonly a shop at the ground floor with a dwelling above, or upper floors approved for residential or institutional use under URA's own guidance — that protection falls away for the residential share only. ABSD is charged on the value attributable to the residential component, apportioned by a professional valuer, at your buyer's ordinary ABSD tier: 0% for a Singapore Citizen's first residential property, 20% on a second, 30% on a third and subsequent; 5% / 30% / 35% for a Permanent Resident's first, second and third; 60% flat for a foreigner, on any residential purchase. The non-residential share pays only non-residential BSD, with no ABSD attaching to it at all.

US, Swiss, Liechtenstein, Norwegian and Icelandic nationals — and EFTA permanent residents — are treated as Singapore Citizens for ABSD under Singapore's free trade agreements, so a US buyer of your residential-component floor pays the SC rate, not the 60% foreigner rate; a US national who also holds Singapore PR status is likewise accorded the SC rate. This is a stamp-duty rule only. It does not touch the Residential Property Act: an FTA national buying a shophouse whose zoning still requires RPA approval — see below — needs that approval on the same terms as any other foreigner. FTA parity and RPA approval are two separate gates, and conservation status changes neither.

For foreign-buyer approval specifically, SLA's own foreign-ownership list splits a shophouse in two: a 'shophouse (for commercial use)' needs no approval at all, on the same footing as any other commercial or industrial property. A 'shophouse (for non-commercial use)' — carrying a residential component — needs Land Dealings Approval Unit approval, the same gate a landed house or vacant residential land sits behind. Since 20 July 2023, land zoned 'Commercial & Residential' in the Master Plan — a zoning that covers many conservation shophouses and small mixed-use developments — was reclassified as residential property under the Residential Property Act, so a foreign buyer now needs approval to acquire it where none was needed before that date.

Some buyers structure the purchase as a share sale of the company holding the shophouse rather than an asset sale of the property itself. Additional Conveyance Duty reaches a sale of shares or interest in a 'property-holding entity' — one holding at least 50% of its tangible assets in Singapore residential property, where a significant owner holds at least 50% of the equity — at up to 71% for the buyer and up to 16% for the seller where the underlying asset mix is predominantly residential. A special-purpose vehicle whose sole asset is a fully commercial shophouse generally sits outside that residential-asset threshold, so a later 100% share sale is taxed as an ordinary transfer at roughly 0.2% duty rather than at ACD's rates; a shophouse carrying a residential component can push the same entity over that threshold depending on its value mix. Get this checked against your specific cap table before assuming either treatment.

Taxes: what conservation changes, and what it does not

Seller's Stamp Duty is, structurally, a residential-property duty (and a separate industrial one). A fully commercial conservation shophouse sits in neither schedule and can be sold at any time you choose with no SSD, however soon after purchase. Where your unit carries a residential-use component, SSD is reported to apply to that portion on the ordinary residential schedule now in force — 16% in year one, 12% in year two, 8% in year three, 4% in year four, nil after four years, computed on the higher of price and market value. I could not confirm the exact apportionment mechanics for SSD specifically against a primary IRAS page this run — treat that split as the market's working understanding, not a quoted IRAS ruling, and have your conveyancing lawyer confirm it before you price a fast exit.

Buyer's Stamp Duty is your buyer's cost, but it shapes what they can actually offer you. Non-residential BSD runs 1% on the first S$180,000, 2% on the next S$180,000, 3% on the next S$640,000, 4% on the next S$500,000, and 5% above S$1.5 million — the same first four bands as residential BSD, without the higher top bands residential carries above that. For a mixed-use unit, BSD is apportioned the same way as ABSD: the residential share on the residential BSD schedule, the non-residential share on the schedule above.

Property tax to the date of sale is yours to settle at completion. Non-residential floor area is taxed at a flat 10% of Annual Value, with no owner-occupier concession and no relief for a vacant period; where your unit has a distinct residential upper floor, IRAS apportions the Annual Value and applies the ordinary owner-occupier or non-owner-occupier residential bands to that share. If you have been holding the unit vacant while marketing it, that flat 10% (or the non-owner-occupier residential rate on the residential share) keeps running with no vacancy discount.

Rent collected up to the point of sale was taxable income against your marginal rate. Where the letting was under a permitted non-residential use, only actual deductible expenses can be claimed — the 15% deemed-expense shortcut available to a tenanted residential property does not apply here, so keep your invoices. A rental loss cannot be set off against your other income, though it can generally offset rental gains from another property in the same year.

GST at 9% applies to the sale of the non-residential floor area where you, the seller, are GST-registered — common where the shophouse is held through a company rather than personally. A GST-registered buyer can generally recover it as input tax; an unregistered buyer absorbs it as a real cost, which compresses what a GST-registered seller can actually net against an otherwise identical asking price. The residential floor area of the same shophouse, if any, stays an exempt supply throughout. [⚠ shophouse.gst.commercial_sale: sources differ; awaiting a ruling]

On the gain itself: gains from selling property are generally not taxable in Singapore; gains from trading in property are taxed as income. Whether you are 'trading' turns on the pattern of your dealings — how often you buy and sell, how long you held this one, why you are selling now — not on any single transaction viewed in isolation. A shophouse held for years and sold once looks nothing like a pattern of trading; a shophouse bought, restored and flipped inside a short window might.

Borrowing: your loan, your buyer's loan, and the lease-tenure haircut a conservation shophouse specifically faces

Your own mortgage is discharged from the sale proceeds at completion. CPF was never a factor on the way in — Ordinary Account savings cannot fund any part of a shophouse purchase, commercial or with a residential component, so there is no CPF refund to route on the way out either, unlike an HDB or private residential sale. [⚠ shophouse.cpf.not_usable_2026: sources differ; awaiting a ruling]

Your buyer's financing runs on commercial rules, not MAS's residential ones: there is no MAS-mandated loan-to-value ceiling on non-residential property, so each bank sets its own. Reported ranges disagree sharply by source — some commercial guides cite 60% to 80% generally and up to 80-90% for a straightforward commercial unit, while a guide specific to conservation shophouses puts the ceiling closer to 40%, reflecting the smaller pool of specialist and relationship lenders willing to underwrite heritage stock at all. Do not assume the higher end applies to your specific unit; ask your buyer's bank, or point serious buyers to a broker who already works this asset class.

Where the unit is mixed-use, banks are reported splitting the loan by component: up to roughly 70-90% against the commercial portion's value, but a much lower ceiling — cited around 15% — against any residential-use portion, financed and assessed separately even though it sits under one title. Total Debt Servicing Ratio still applies to an individual borrower on either portion, at the same 55% ceiling used for a home loan, assessed against the higher of a 5% non-residential interest-rate floor or the loan's actual reversion rate — one point higher than the 4% residential floor. A company borrower is not subject to TDSR at all, which is a real part of why buyers of larger commercial shophouses are often structured through one before the tax reasons above even apply.

One thing conservation status adds specifically to the financing conversation is a tenure haircut that bites harder than on an equivalent modern commercial unit: a buyer who would otherwise qualify for a given LTV on a leasehold conservation shophouse can see the bank cap it well below that where only a few decades remain on the lease, because lenders weigh remaining term heavily in their own credit approval on this asset class. If your unit is leasehold, know your remaining tenure before you price it — a shophouse with 60 years left is not financed the same way as a freehold one three doors down.

Reno, A&A and rebuild: the control you have, and the option you do not

This is the section that most separates a conservation shophouse from an ordinary landed house you might otherwise be selling. On a non-conserved landed property, an owner facing a weak buyer response can rebuild — demolish and start over, or add storeys within setback rules — as a lever to reset the asset's value ahead of a sale. A conservation shophouse does not have that lever at all: the 3R doctrine above bars total reconstruction outright. Whatever fabric exists is what you are selling, restored or not; the only control you retain is how well you restore it and how cleanly you document that the restoration was done correctly, not whether you rebuild it.

Even on an ordinary rebuild-eligible landed house, a buyer generally prices against comparable sales and location rather than against what the seller actually spent on the rebuild, so a rebuild premium is commonly reported as partially or fully unrecoverable on exit. On a conservation shophouse the point is sharper still: you cannot even attempt that lever, so restoration spend should be underwritten as compliance and rentability, not as a value-creation play you expect to get back pound for pound at sale.

What you can do is A&A within the three categories above. Guides to shophouse conservation approval report Category 3 clearing in about two weeks, a straightforward A&A in three to six weeks, and the full concept-to-permit clock on a genuine conservation project commonly running six to nine months once BCA structural and SCDF fire-safety clearance stack on top of URA's own permission. A basic commercial fit-out runs roughly S$150 to S$200 per square foot; a full heritage restoration with a premium F&B or hospitality fit-out runs S$300 to S$400 psf; a 'shell' property stripped to structure, with original timber and a weathered facade, is reported at S$700 to S$1,000 psf, with contractors commonly holding back a 12% to 15% contingency because older structures routinely surface hidden defects once opened up.

Whatever state that spend leaves your unit in is exactly what a buyer inspects and a valuer prices — there is no rebuild reset available afterward if the market has moved against you. If you are mid-restoration and considering selling instead of finishing, weigh the cost of completing against the discount an unrestored or partially restored unit is likely to draw, rather than assuming a buyer will simply take over your project at your sunk cost.

Conveyancing: from listing to completion, with one extra file

There is no government-set fee schedule for private conveyancing, commercial or residential; lawyers price the work on their own terms. For a transaction with a mortgage, expect roughly 10 to 12 weeks from signing the sale and purchase agreement to completion, with your lawyer coordinating against the buyer's lawyer, the buyer's lender, and SLA.

The law here runs on caveat emptor — the burden of investigation sits with the buyer by default — so a buyer's lawyer routinely checks the approved plans against the as-built condition to catch unauthorised past works before completion. A recurring, easy-to-miss issue on older shophouse lots specifically is encroachment onto state land — a balcony, five-foot-way structure or extension past the title boundary that is not always visible on a walk-through. Where it exists, a Temporary Occupation Licence from SLA may be needed to regularise it, carrying its own indefinite yearly fee that a buyer will factor into their offer once found. Surface this yourself before listing if you know or suspect it exists; it is cheaper to disclose than to have a buyer's lawyer find it during due diligence and use it to renegotiate.

Getting the residential/non-residential apportionment wrong — for tax, for financing, for the purchase price allocation itself — is described as one of the most common and costly mistakes on a mixed-use shophouse transaction. Engage a conveyancing lawyer with actual shophouse experience, not merely general residential or general commercial conveyancing experience; the apportionment mechanics above are exactly where a generalist gets it wrong.

Documents for private property, shophouses included, have been lodged electronically with the Singapore Land Authority since 18 January 2006, with each document given a priority number on lodgment and deeds registered within a few days. If you are a GST-registered seller, confirm the GST treatment and who bears it with your buyer's side before completion, not after — it is one more line the apportionment mistake above can quietly hide inside.

Estate: selling a conservation shophouse from an estate, or planning who inherits it

Succession runs on ordinary property rules regardless of conservation status; gazetting does not create a special estate regime. Where the shophouse was held in joint tenancy, it passes automatically and in full to the surviving owner on death, outside the will and outside the estate entirely — the fastest and simplest route, and one worth checking now if you co-own with a spouse or family member and have not confirmed how title is actually held.

Held as tenants-in-common, or in the sole name of someone who has died, the property cannot be legally transferred or sold until the executor or administrator holds a grant of probate or letters of administration — reported at roughly two to three months to obtain, depending on the case's complexity, before a sale can even begin. Budget that lead time into any estate-driven sale timeline; it sits in front of the ordinary 10-to-12-week conveyancing clock above, not inside it.

No stamp duty is payable on the transfer of the shophouse to a beneficiary by way of assent, and Additional Buyer's Stamp Duty is not payable where residential property passes to a beneficiary under a will or under intestacy. Every conservation obligation, and every apportionment question this page has covered — the residential-component ABSD split, the non-residential property tax rate, the CPF-unusable financing picture — passes to the beneficiary unchanged; inheriting does not reset any of it.

The voice: twelve questions before you sell, or before you decide not to

Two questions decide what selling actually does to you, and neither is whether you bought to invest or to live in — nobody buys an asset believing it will fall, so that question sorts nobody. The real questions are: were you borrowing to buy this, and once you held it, were you letting it out? A conservation shophouse forces a third question on top of those two if it is mixed-use: which of its floors were which, because the two components can sit in different quadrants of this at once — cash-owned commercial ground floor generating yield, borrowed residential upper floor sitting on negative carry, under one roof and one sale decision.

C0. The play: balance-sheet or cash-flow?

Selling is a balance-sheet event first: one illiquid asset converts to cash (net of loan discharge, SSD if any residential component and any holding period bites, and commission) at whatever a thin, currently 28-year-low-volume market will actually pay. It only becomes a cash-flow decision if you are selling specifically to relieve a carry problem you can no longer fund — covered under C4 and C8 below.

C1. Balance sheet: what you own and what you owe

Before completion you own a leasehold or freehold interest in a gazetted building, its restoration state, and whatever tenancy income it carries; you owe the outstanding mortgage balance, any deferred restoration spend, and — if the unit is mixed-use — a tax and financing profile split unevenly across its own floors. After completion you own cash, net of every deduction above, and owe nothing on this asset at all.

C2. Cash flow: what moves in and out, and when

In: the sale price at completion, less loan discharge. Out, potentially before that: SSD if a residential component and its four-year clock has not run out, apportioned BSD paid by the buyer but negotiated into the price, agent commission, legal fees, and any restoration spend you commit to finishing before listing. The gap between agreeing a price and actually banking net proceeds is the roughly 10-to-12-week conveyancing window above — longer again if a grant of probate sits in front of it.

C3. Profit and loss: what it does to profit, which is not cash

Profit is sale price less your original cost, capital additions (restoration, A&A) and selling expenses — and it is not the cash landing in your account, which is also net of loan discharge that has nothing to do with profit if the property has appreciated. A shophouse bought for S$3m, restored for S$1m, and sold for S$5.5m shows a S$1.5m gain; the cash received is S$5.5m less whatever mortgage balance remains outstanding, an entirely different number.

C4. Carry: income minus financing cost, right now

This should drive the sell-or-hold decision more than any other line on this page. Rent above loan interest is positive carry and argues for patience through a soft market; rent below loan interest — or a wholly vacant, borrowed unit — is negative carry, and every month you hold it waiting for a better offer is a month you are paying to wait. Reported gross yields by use — 3% to 4% fully commercial, 2% to 3% mixed-use, 1.5% to 2.5% fully residential-zoned — set the ceiling on what carry can even look like before financing cost is subtracted.

C5. Give and get: the trade in plain terms

You give up whatever rent the unit produces from completion onward, the compliance burden the building carries permanently (URA conservation permission on every future change, whoever owns it), and any further appreciation if the market recovers after you sell. You get certainty: a fixed sum, in cash, on a specific date, out of an asset class that 2026's own transaction data shows can sit unsold for a very long time if the market turns against you mid-hold.

C6. Exposed to: what can move against you

The buyer pool itself: Q2 2026 recorded just 16 shophouse transactions, the weakest first half since 1998, even as headline sales value jumped on a handful of record 'trophy asset' deals rather than broad-based demand — a value recovery without a volume recovery, in one broker's own words. Rental demand from your tenant base, concentrated in F&B and retail, which the same period shows contracting. And, if your unit is mixed-use, a valuer's or IRAS's own apportionment determination, which is not entirely yours to control.

C7. For how long: the horizon you commit to by not selling

On a purely commercial unit there is no SSD clock forcing your hand either way — you can sell whenever the market and your own carry math say to. On a unit with a residential component bought within the last four years, selling before that clock runs out means paying SSD on the residential share on top of everything else; waiting it out is itself a horizon decision, weighed against how negative your carry is in the meantime.

C8. Failure cascade: what breaks first, in order

Take an owner holding a vacant, leveraged conservation shophouse, waiting for a better offer in a 28-year-low-volume market. Negative carry (loan interest with no offsetting rent) hits cash flow every month; accumulated shortfalls erode the P&L; if the market softens further, the equity position that looked comfortable at purchase turns negative; a shophouse's own thin, slow-moving buyer pool then makes it hard to sell out of that position quickly — illiquidity; and if the mortgage cannot be serviced and the asset cannot be sold in time, insolvency follows. Negative carry to cash flow to P&L to negative equity to illiquidity to insolvency, in that order — never the reverse, and never skipped.

C9. Liquidity: how fast this becomes money, and at what haircut

A conservation shophouse is among the least liquid products this site covers. 2026's own data shows the weakest first-half transaction count since 1998, and a full sale process — even once you have a willing buyer — runs 10 to 12 weeks of conveyancing at minimum, longer with an estate grant in front of it. If you need cash fast, a shophouse is not the asset to be counting on; a bridging facility against the eventual sale, not a fire-sale discount, is the more common way owners actually handle a timing gap.

C10. Control: can you move the outcome, or are you a price-taker?

This is where a conservation shophouse gives you less control than almost any other product on this site. You cannot rebuild to reset value — the 3R doctrine forbids it outright. You can restore, and restoration genuinely moves rentability and buyer perception, at the cost bands above; you can time your listing against the market cycle; you can choose how the mixed-use apportionment gets valued, within what an independent valuer will actually support. Beyond that, you are a price-taker against a thin market of specialist buyers, the same buyers your buyer's bank is also trying to underwrite.

C11. The exit: how you get out, and what it costs

The direct route is an asset sale: discharge the loan, settle any residential-component SSD, pay agent commission and legal fees, and take the balance in cash at completion, roughly 10 to 12 weeks after signing. The indirect route, for a larger holding, is a share sale of the company that owns it, which trades ordinary conveyancing cost for Additional Conveyance Duty exposure on the buyer's and your own side if the entity's asset mix tips into ACD's residential threshold. Either way, the apportionment question above is not incidental to the exit cost — for a mixed-use unit, it is a large part of it.

The B2B spoke: who pays to reach a conservation shophouse seller

A conservation shophouse seller is a narrow, high-value lead: a single transaction can run into the millions, the pool of realtors who actually understand the apportionment and conservation mechanics above is small, and a specialist lender or lawyer with a live shophouse buyer already in hand has real reason to want to reach you before you list publicly. CEA's rules are unambiguous on where that can and cannot cross a line: an agent may not collect commission from more than one party in the same transaction, which bars a realtor from quietly working both sides of your sale for a double fee — an offence, not just poor practice. A Prescribed Estate Agency Agreement must be signed before any agent starts marketing your property, so the terms are fixed and disclosed before work begins, and any payment should go to the licensed agency itself, never to an individual salesperson's personal account.

The realtor economics: what an agent earns on this, and where the incentive points

CEA sets no fixed commission rate for any property type, shophouses included; the amount is agreed between you and your agent, in writing, before marketing starts. Market convention for commercial property — the category a shophouse transaction generally sits under — is reported at roughly 1% to 2% of price, negotiable, with no shophouse-specific figure distinct from that general commercial convention. Almost eight in ten consumers are already aware that commission is negotiable, and of those who actually negotiated, 85% succeeded in lowering it — worth knowing before you accept the first number offered. [⚠ shophouse.commission.commercial_norm_2026: sources differ; awaiting a ruling]

As an illustration, not a quote: on a S$6,000,000 conservation shophouse at 1.5%, a seller's agent earns S$90,000 — but only if the sale actually completes, and nothing if it does not. Median reported annual income across all property agents sits around S$72,000, with new agents commonly earning S$10,000 to S$40,000 in their first year; a single completed shophouse deal can dwarf either figure, which is exactly why the lead-generation dynamics in the B2B spoke above exist.

Where the incentive points, including against me: an agent paid only on completion is structurally motivated to get you to accept an offer, any offer, sooner rather than to hold out for a better one — the commission on a quick sale at a discount and a slow sale at full price can be smaller than the difference in price itself, but it does not feel that way to the person waiting for a paycheque. The honest counter to that bias is the carry math in C4 and the failure cascade in C8 above: whether patience is actually free for you depends on whether your carry is positive or negative, not on how quickly your agent would like to be paid. Ask your agent to walk you through your own C4 before you accept advice to move fast or to hold out.

What I could not verify

• Whether TDSR is applied to an individual buying a conservation shophouse the same way it applies to a home buyer: MAS's own general TDSR explainer states it reaches non-residential property loans, but a separate secondary financing guide describes individuals experiencing looser practical treatment in the market — I have not reconciled the two, and this page follows MAS's own primary statement.
• The exact mechanics of SSD apportionment on a mixed-use shophouse's residential component — this rests on secondary guides consistent with IRAS's residential SSD framing, not a primary IRAS page confirming the shophouse-specific apportionment language.
• Whether ABSD apportionment on a mixed-use shophouse is split by an independent valuer's price allocation or by gross-floor-area share — two sources describe different methodologies and I have not resolved which IRAS actually applies.
• Shophouse rent psf figures disagree sharply across sources this run, from a market-wide median around S$6.40 psf to prime-street guides quoting S$15-22 psf for ground-floor F&B space — treat any rent figure you are shown, including on comparable pages on this site, as one source's slice of the market, not a settled rate.

Sources

• URA — Use of Buildings in Conservation Areas guidelines (2026-08-19)
• URA — Submission Process for Additions and Alterations (A&A) and Category 3 Works (2026-07-13)
• IRAS — ABSD Rates and Remission for Married Couples / ABSD rate schedule (2023-04-27)
• IRAS — Seller's Stamp Duty schedule for residential property (2025-07-04)
• IRAS — Additional Conveyance Duty (2023-04-27)
• MAS — Total Debt Servicing Ratio framework and non-residential interest-rate floor (2019-06-17; 2022-09-30)
• SLA — Foreign ownership of property FAQ (2025-08-20)
• CEA — Buying or Selling and commission guidance (2026-05-13)
• Family Justice Courts — probate and letters of administration processing (2026-09-29)
• CPF Board — housing-use restriction to residential property (general framework, applied by inference to shophouses)

Sources

• URA — Use of Buildings in Conservation Areas (2026-08-19) · https://www.ura.gov.sg/
• URA — Submission Process for Additions and Alterations (A&A) and Category 3 Works (2026-07-13) · https://www.ura.gov.sg/
• IRAS — ABSD Rates and Remission for Married Couples (2023-04-27) · https://www.iras.gov.sg/
• IRAS — Seller's Stamp Duty (SSD) for Residential Property (2025-07-04) · https://www.iras.gov.sg/
• IRAS — Additional Conveyance Duties (ACD) (2023-04-27) · https://www.iras.gov.sg/
• MAS — Total Debt Servicing Ratio (TDSR) framework (2019-06-17) · https://www.mas.gov.sg/
• SLA — Foreign ownership of property in Singapore (2025-08-20) · https://www.sla.gov.sg/
• CEA — Buying or Selling — commission and agency agreement guidance (2026-05-13) · https://www.cea.gov.sg/
• Family Justice Courts — Probate and Letters of Administration processing time (2026-09-29) · https://www.judiciary.gov.sg/