Open Grocery Store in Singapore
Complete guide to open Grocery Store in Singapore, Singapore. Market analysis, costs, competitors and opportunities.
Opportunity map
Best zones to open a Grocery Store in Singapore
Compare neighbourhood scores, evidence and confidence before choosing a specific address.
Direct answer
Last reviewed: 2026-09-01
Grocery Store / Specialty Food Shop · Singapore — key figures
- Average investment
- €60,000 - €200,000
- Commercial rent
- $12-50/sqm
- Local competition index
- 58/100
- Break-even
- 18-34 months
Source: WhereToOpen.ai location intelligence · 6 mapped neighbourhoods · 2026-09-01. Figures are modelled planning estimates, not audited financials.
Top 3 areas: Grocery Store / Specialty Food Shop · Singapore
Scored 0–100 on footfall, competition, rent and business-type fit across 6 mapped neighbourhoods.
- 186
Holland Village
Low competition, strong fit for this business type
Rent: S$15-25
- 284
Kampong Glam
Strong fit for this business type, rising area
Rent: S$12-22
- 384
Tiong Bahru
Strong fit for this business type, rising area
Rent: S$12-22
Evidence and limitations
Confidence: 100%- Observed data
- 6 mapped neighbourhoods and available local rent evidence.
- Published data
- Business category and city reference datasets.
- Modelled data
- Zone scores and financial ranges are planning estimates, not audited outcomes.
Modelled 2026 estimate combining the Grocery Store / Specialty Food Shop category benchmark with Singapore rent, salary and permit-time data and 6 mapped neighbourhoods.
Market Snapshot
Data-driven signals for grocery-store in Singapore.
Opening a grocery-store remains one of the most searched local business moves in 2026.
Competition is 58/100. Competitive market means differentiation matters more than price.
Average investment: varies • Typical revenue: N/A.
Quick Answers
Is Singapore a good place to open a grocery-store?
With medium foot traffic and 58/100 competition, the opportunity score is 50/100. A street-level report is the only way to confirm demand on a specific address.
How much does it cost to open a grocery-store in Singapore?
Startup investment typically ranges varies. Monthly rent in Singapore is around $12-50/sqm. Use the cost breakdown page for a detailed estimate.
Market Overview
✅ Key Metrics
- Population: N/A
- Foot traffic: Medium
- Business density: Medium
- Currency: SGD
⚠️ Competition
- Competition level: 58/100
- Avg. rent: $12-50/sqm
- Language: Local
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