Shophouse deals continue to languish

[SINGAPORE] Shophouse transaction volumes continued to languish for the third consecutive quarter, as demand took a hit following the introduction of the Total Debt Servicing Ratio (TDSR) framework in late-June last year. However, prices have continued to hold - due to a limited supply of shophouses and most owners taking a longer-term horizon and having holding power.

CBRE's analysis of caveats data shows that 26 shophouses changed hands for a total $…