Market for shophouses wakes up in the third quarter
Singapore
AFTER a slow first half, the Singapore shophouse market started to stir in the third quarter on the back of pent-up demand following the 21/2-month period when property viewings were not allowed.
The value of shophouse transactions had slumped in the second quarter, with the ban on property viewings from April 7 to June 18 during Singapore's partial lockdown to stem the transmission of Covid-19.
A veteran shophouse agent said: "Buying a shop…
A NEWSLETTER FOR YOU
Property Insights
Get an exclusive analysis of real estate and property news in Singapore and beyond.
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
Asking rents down as demand slows and rental listings surge
Chinese restaurants spur Hong Kong’s retail property recovery
Forrest Li’s wife buys Gallop Road bungalow next to the one he has redeveloped
Eurozone consumers increasingly struggle to pay for housing
Too many property agents? Cap commissions on home sales
URA releases reserve list site in Zion Road after developer commits to bid at least S$604.6 million