singapore shophouses
Millionaires eye a piece of Singapore’s rich colonial era
Millionaires eye a piece of Singapore’s rich colonial era
The city-state’s remaining 6,500 shophouses are in high demand amongst the ultra-rich.
Sale of shophouses tied to money laundering probe revives market
The shophouse market saw a 31.3% QoQ increase in sales.
Anti-money laundering bust affects shophouse sales
In 1Q24, shophouse deals rose 31% QoQ but fell 34% YoY.
How will the updated list of areas prohibiting new eateries impact the shophouse market?
Over 30 roads across 19 areas are part of the list.
Prices and demand for shophouses to pick up in the coming months
The ABSD rate hike will help drive demand in the market.
Shophouse property deals muted in Q3
Transactions during the quarter were down by half.
Full-year sales of shophouse market to hit below $2.0b
In H1, sales value was at $938.8m.
Shophouses in the heart of Chinatown on sale for $53m
The shophouses have basement and attic levels along Pagoda Street.
SG sees highest-ever shophouse transaction value in 2021 at $1.9b
This exceeds 2019 and 2020’s combined transaction values.
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