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Shophouse deals gain momentum in Jan-Feb

Clifton Partners affiliates buying four shophouses for S$38.5m; Bamboo Group sells Tanjong Katong property for S$18.2m

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The Bamboo Group sold four freehold adjoining two-storey units on Tanjong Katong Road for S$18.2m.

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Clifton Partners' affiliates are understood to have recently bought 71 Duxton Road for S$7.35m and the next-door No 72 for S$7.3m.

Singapore

THE Singapore shophouse market has had a good start to the year in terms of transactions volume with deals in places like Tanjong Pagar and Mosque Street in the CBD to Tanjong Katong Road and Joo Chiat Road. Prices are also holding well, if not appreciating, amid a dearth of new

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