Connecting Business Owners and Investors to the Right Commercial Property
Introducing Richard Tan Commercial Team
Revolutionizing Your Commercial Property Buying Experience
Richard Tan Commercial District is a dedicated commercial real estate team focused on helping business owners, investors, and property seekers make better decisions in Singapore’s commercial property market.
Led by Richard Tan, the team brings together market experience, practical advisory, and a strong understanding of commercial assets including shophouses, retail spaces, offices, and F&B-approved units.
With a strong network and hands-on experience across Singapore’s commercial districts, Richard Tan Commercial District supports clients through every stage of the property journey, whether they are buying, selling, leasing, or exploring their next investment opportunity.
Realtor, Investor and Mentor
in Commercial & Industrial Properties
With over 20 years of knowledge and experience in Singapore real estate, Richard Tan has led his team in transacting more than $2.2 billion worth of properties across shophouses, buildings, offices, industrial, residential, and other commercial assets.
Richard began his real estate career with PropNex in 2004. Built on client needs, service, and trust, he has grown into one of the industry’s respected realtors, known for his market experience and practical advisory approach.
He first focused on resale HDBs in Bedok and Tampines, helping families upgrade and unlock the potential of their homes. He later expanded into condominium transactions in the Core Central Region, serving high-net-worth Singaporeans and foreign clients.
Today, Richard’s work is strongly focused on commercial real estate, where he continues to guide investors, business owners, and property seekers through Singapore’s evolving commercial property landscape.
Giving Back to the Community Through Knowledge and Charity
In line with his open and transparent sharing nature, Richard decided to share his knowledge and passion of shophouses in the form of a comprehensive book, co-authored by Tyson Yuk. The book is aptly titled, “The Untold Truth of Investing in Commercial Properties”.
The book covers 3 main segments, which cover an introduction to commercial property, generating income from commercial properties and understanding macro-economic factors to determine the best property investment in Singapore.
Through the publishing of this top selling book, the community will benefit from the knowledge and strategies for commercial property investment in Singapore. In addition, the revenue collected from the book will be matched by the PropNex management and the significant sum will be donated to a charity.
Latest Updates
The Straits Times | 4 February 2026
Richard Tan was featured in The Straits Times for his insights on why Little India remained a strong draw for shophouse buyers despite a slower wider market. He highlighted how entry pricing, tenant demand, and steady footfall continue to shape buyer interest in the district.
Connecting clients to commercial properties that meets their objectives for business operations or investment ROIs
Through our process of carefully curating properties, our team has been successfully connecting business owners and investors with the correct property to advance their business needs and investments. We have advised and recommended clients from a wide variety of businesses, thus gaining invaluable experience. This experience has translated to knowledge and a comprehensive network in various industries.
We have classified the 4 main purposes
when it comes to assisting our clients to suit their objectives
Buy / Rent
for Business Use
For business owners looking for the right space to operate, from F&B units and retail shops to offices, warehouses, and industrial properties.
Buy
for Investments
For investors seeking commercial or industrial assets with rental yield, capital appreciation potential, and no ABSD exposure.
Upgrade / Downsize
for Business Use
For businesses that need to right-size their premises as operations grow, shift, or become leaner.
Hybrid Use
For owners who use part of the property for their business while renting out unused space to maximise returns.
Types of Commercial Properties
Industrial B1, Industrial B2 and Buildings
Driving the Success of the Nation
Industrial B1
Industrial B2
Buildings
Consisting of factory spaces, warehouse spaces and industrial land, industrial properties are mostly located outside central Singapore like Changi, Jurong , Tuas and Woodlands.
Separated into three main use categories, these properties support many of Singapore’s essential industries like construction, engineering and marine. With high demand and shorter tenures, these industrial spaces provide good opportunities for investment.
A rare piece of
Singapore’s colonial history
A diminishing asset from the early 1800s and to mid 1900s, many of these charming heritage buildings were flattened to make way for newer developments. However, the Urban Redevelopment Authority (URA) has gazetted many shophouses as conservation buildings. To date, only 6500 shophouses remain in Singapore.
Commercial Buildings
Despite our love for shophouses, the commercial property sector is a much larger market consisting of more than just shophouses.
From hotels to offices to strata-titled properties, the commercial landscape in Singapore is filled with a wide variety of buildings for various uses.
With over a decade of experience, our team is fully equipped to advise and assist commercial investors and business owners on their purchase and sale.
Industrial Buildings
Consisting of factory spaces, warehouse spaces and industrial land, industrial properties are mostly located in the more remote areas of Singapore like Woodlands or Tuas.
Separated into three main use categories, these properties support many of Singapore’s essential industries like maritime and construction.
With high demand and shorter tenures, these industrial spaces are no doubt one of the best avenues for investment in the current property market.
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