The pipe roofing method is widely used in tunnel construction because it can realize a flexible section shape and a large section area of the tunnel, especially under good ground conditions. However, the pipe roofing method has rarely been applied in soft ground, where the prediction and control of the ground settlement play important roles. This study proposes a sliced-soil–beam (SSB) model to predict the settlement of ground due to tunnelling using the pipe roofing method in soft ground. The model comprises a sliced-soil module based on the virtual work principle and a beam module based on structural mechanics. As part of this work, the Peck formula was modified for a square-section tunnel and adopted to construct a deformation mechanism of soft ground. The pipe roofing system was simplified to a three-dimensional Winkler beam to consider the interaction between the soil and pipe roofing. The model was verified in a case study conducted in Shanghai, China, in which it provided the efficient and accurate prediction of settlement. Finally, the parameters affecting the ground settlement were analyzed. It was clarified that the stiffness of the excavated soil and the steel support are the key factors in reducing ground settlement.