Shophouses
Locals overtake foreigners in shophouse deals as taxes bite
Locals overtake foreigners in shophouse deals as taxes bite
Higher-value deals lifted transaction values in the second quarter.
Shophouse 71 Tras Street for sale at $15.2m
The property has a rental yield of 2.5% and is fully leased.
Five Joo Chiat Road shophouses for sale at $62m
Four of the five ground floor units have restaurant approvals.
Shophouse transaction volume drops 49.3% QoQ in Q3
Despite lower volume, transaction value rose 31.6% QoQ to $330.1m.
Three freehold corner shophouses to go on sale
Savills Singapore will serve as the exclusive marketing agent for the sale.
Why are buyers snapping up shophouses?
Three more shophouses have been put on sale in the Central Business District.
Shophouse sales breach new high with 118 transactions in H1
Knight Frank expects sales values for the full year to exceed the $1.46b high posted in 2018, with sales volumes to cross the 200 unit mark.
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