The number of shophouse transactions in Singapore dropped in Q3 2024, with fewer deals than earlier in the year.
According to data from property agency Huttons, in Q3 2024, only 18 caveats were lodged for shophouses, down from 21 in Q2 2024.
According to Singapore Business Review, in the first nine months of 2024 , around 62 shophouses were sold, a 46.1%The total value of transactions also fell. Several shophouses in Districts 1 and 2, including those along Amoy Street, Neil Road, and Telok Ayer Street, were sold for a total estimated to exceed S$70 million in Q3 2024.Shophouse prices now over $7,000 psf due to Chinese investors
The total value of transactions for 9M2024 reached S$519 million, which is 48.5% lower than the same period in 2023.Harris concedes, Trump triumphs: A new era of uncertainty begins as VP vows to keep fightingChinese solar giants flee to untaxed territories, evading U.S. tariffs?Coco Gauff advances to the Riyadh final by defeating world No.
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