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Smaller supply of quality units slows shophouse market in H2

But the full-year 2017 figure is set to be the highest in four years after an active H1, when S$520 m in deals were transacted

"Shophouse prices have run up in the past 12 months but rents have not caught up, leading to yield compression. Owners continue to expect higher prices, which has caused a price gap between buyers and sellers - resulting in limited transactions." - 8M Real Estate founder Ashish Manchharam


THE shophouse market is poised for a slower second half after having hit high notes in the preceding two half-year periods.

The drop in transaction values comes not from sagging demand, but rather a lack of quality supply being offered for sale, said Clemence Lee,...

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