SINGAPORE PROPERTY

Shophouse market rounds off banner year - 217 transactions worth S$1.53b so far

Buyers looking for capital appreciation; rental yields are compressed for now

Kalpana Rashiwala
Published Wed, Dec 1, 2021 · 09:50 PM

    Singapore

    THE Singapore shophouse market has had a bumper year, with some 217 transactions totalling S$1.53 billion in the year to date, surpassing the previous high of S$1.46 billion in 2018.

    The tally for last year was 145 transactions totalling S$913 million.