Chart of the Day: Share of posh shophouses sold declined in 2019

Higher-priced units may not appeal to buyers with shorter investment horizons.

This chart from Knight Frank revealed that the proportion of shophouses sold for at least $5m fell to around 50% in 2019. They still dominated shophouse sales sales this year, but the share of units sold for $1-2m expanded.

The report noted that buyers were seemingly less willing to commit to freehold shophouses at higher average unit prices. “Additionally, the higher transacted prices also translate to longer investment horizons, which may not appeal to opportunistic buyers with shorter investment horizons,” Knight Frank added.

The priciest shophouse deal in 2019 was the sale of Eu Yan Sang Building by Eu Realty to 8M Real Estate for $54m or $8,623 psf.

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia