Open Ice Cream Shop in Singapore CBD/Raffles Place
Complete guide to open Ice Cream Shop in CBD/Raffles Place, Singapore. Rent: S$12,000-28,000. Foot traffic: High. Competition: High. business area.
S$12,000-28,000
High Traffic
High Competition
business
Analyze CBD/Raffles Place in Detail
Get a real-time competitive analysis with actual competitor data, rent benchmarks, and ROI projections for Ice Cream Shop in CBD/Raffles Place, Singapore.
Why Open Ice Cream Shop in CBD/Raffles Place?
CBD/Raffles Place is a business area in Singapore (Singapore). With high foot traffic and high competition, this is a challenging but high-reward market.
Monthly rents in CBD/Raffles Place range from S$12,000-28,000.
Key Success Factors in CBD/Raffles Place
Artisan gelato
Premium ingredients
Flavor variety
Courteous service
Cleanliness
Financial Overview
Investment Range
$50,000-150,000
Payback Period
10-24 months
Avg ROI
40-60%
Estimated revenue: $10K-25K avg monthly revenue (adjusted for Singapore market).
Permits & Regulations
Business license
Food safety certification
Health permit
Allergen disclosure
Workplace safety
Other Areas in Singapore
Orchard Road
S$15,000-35,000 · High traffic · High competition
luxury
Clarke Quay
S$8,000-18,000 · High traffic · High competition
nightlife
Tiong Bahru
S$5,000-12,000 · Medium traffic · Medium competition
trendy
Kampong Glam
S$4,000-9,000 · Medium traffic · Medium competition
authentic
Holland Village
S$5,000-10,000 · Medium traffic · Low competition
residential
Other Businesses in CBD/Raffles Place
📍 Area Profile
AreaCBD/Raffles Place
CitySingapore
CountrySingapore
Type
business
RentS$12,000-28,000
Foot TrafficHigh
CompetitionHigh