You are here

SUBSCRIBERS

Singapore shophouse market stays on hot streak with three new sales

Sector attracts high-net-worth individuals, families both locally and abroad, and property investment groups

BT_20210107_KRSHOPS7WZJH_4396454.jpg
The three adjoining conservation shophouses at 8, 9 and 10 Craig Road were purchased by Singapore-based property investment group 8M Real Estate for S$29.28 million.

BT_20210107_KRSHOPS7WZJH_4396454.jpg
Also changing hands is 198 South Bridge Road, which went for S$27 million. It was sold by an affiliate of Clifton Partners, a homegrown property investment group.

Singapore

THE buzz in the Singapore shophouse market continues, with the sector attracting high-net-worth individuals (HNWIs) and families here and from abroad, in addition to property investment groups.

The latest deals include three adjoining conservation shophouses at 8, 9 and...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes