Singapore
RECENTLY transacted conservation shophouses for which caveats have been lodged include a pair of adjoining conservation shophouses at 38 and 39 Craig Road.
With a courtyard in front, the pair of shophouses were bought for S$18 million by an entity affiliated with Clifton Partners, a property investment management firm.
The price translates to S$1,834 per square foot on built-up area for the property; the site has a 99-year leasehold tenure that started in July 1989, so the lease still has...