Price gains tempt some buyers to flip shophouses
Singapore
THE escalation in prices of conservation shophouses this year amid strong demand and limited stock has tempted some buyers to flip these heritage properties for quick gains.
The Business Times understands that a seasoned Singaporean property investor has made at least 3 such flips this year.
TRENDING NOW
Singapore developer in limbo after Timor-Leste’s shock scrapping of major township project
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
US-China summit: Trump sees ‘better’ ties, Xi warns over Taiwan, as talks conclude
That ‘cheap’ Malaysia condo could cost Singapore buyers far more than they think