shophouses

The price is expected to be between S$175 million and S$180 million

The two-storey shophouses are fully let; tenants include Pet Lovers Centre, a spa, bakery and F&B outlets

This shophouse is filled with tactile and personal touches drawn from craft techniques and inspired by its architectural features

The area has been in the news recently because of increasing rents, which have put a strain on businesses and threatened longstanding ones

Four-storey commercial building with conserved buildings and basement car parks sold for about 78% over book value

PropNex expects investment demand to remain resilient, supported by Singapore’s safe-haven appeal

Buyer is linked to UHNW Singapore PR; separately, Swiss national pays S$6,274 psf for unit at The Marq on Paterson Hill

The portfolio’s new owners are affiliates of Singapore-based Clifton Partners

Living sector assets, including shophouse hotels, are attracting growing interest as Singapore’s tourism sector recovers