Are shophouses an evergreen asset class?

Published Thu, Dec 30, 2021 · 09:46 AM

Price gains tempt some buyers to flip shophouses

The escalation in prices of conservation shophouses this year amid strong demand and limited stock has tempted some buyers to flip these heritage properties for quick gains.


Shophouses: the latest collectors' items?

The market for Singapore shophouses is seeing both transaction volume and prices rising, with high net-worth investors driving demand.


Heartland shophouses in Little India, Bedok and Toa Payoh for sale

"Due to changes in consumer demand, the retail performance in heartlands have been resilient through the pandemic and many investors have shifted their focus to these suburban shophouses which are rare and limited in supply," Yap Hui Yee, director of investment sales & capital markets, Savills.


On the Singapore market: CBD space, shophouses, condominium retail shops

The Singapore property market is flush with activity this week, with spaces in the central business district (CBD), Little India, Kampong Glam and Eunos up for sale.


Shophouses in prime districts snapped up; owners put more assets on market

"More institutional investors such as family offices and funds are becoming more receptive to shophouses, as there are lesser value propositions in traditional assets such as office buildings, industrial properties and malls," Tan Chun Ming, executive director of regional investment advisory and China desk, Edmund Tie.

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

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

Property

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here