Absolutely. Singapore's theft penal code is distinctive in classifying theft offences. It does not differentiate the severity of the crime committed by theft based on the stolen item's value. The law views all theft as significant offences, be it dishonest intention to commit theft, petty theft involving physical possession of an article of low monetary value, or shop theft of a more valuable commodity.
The punishment for shop theft in Singapore, along with other forms of theft, is meted out based on the nature of the act of committing theft and its circumstances rather than the item's monetary worth. This legal stance serves as a powerful deterrent, reinforcing that any theft is unacceptable and has serious consequences to face, regardless of the items involved.