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
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.