WebOct 29, 2024 · There has been a flurry of sales activity for shophouse sales since the COVID-19 pandemic happened in 2024. Initially, sales of shophouses had dipped in 2024 and only 30 deals had taken place from Jan to Sept 2024, before transactions picked up in the last quarter of 2024 – with almost double the number of transactions (57 deals) Q1 to Q3 … WebNov 3, 2024 · EdgeProp Shophouse transactions halved in 3Q2024, but average deal size up 31.3% Hailey Yu 3 November 2024, 2:50 am · 6-min read Katong Point, formerly Katong Junction, was launched for sale by...
Inside One of Singapore
WebPast Transaction; Listing; Potential Buyers. Variable Capital Company (VCC) Single Family Office Company (SFO) Private Company With China Nationality Director; Pricing. Pricing … WebDec 30, 2024 · Shophouse transactions have risen since 2024. They typically offer net yields between 3% to 3.5% for those with less than 99 years remaining on their lease, and 2% to 3% for those with 999-year or freehold leases. Rents have also stayed healthy. incorporating a subsidiary
Shophouse market continues to soar in 2024: report
WebSep 2, 2024 · The most recent shophouse transaction in the vicinity was in May 2024, where a three-storey freehold shophouse in Temple Street was sold for $8.9 million. The expression of interest exercise will ... WebFeb 14, 2024 · Based on PropNex Research’s latest market report, shophouse sales came up to a total value of $109.5 million in Q2 2024 – that’s down by 28% quarter-on-quarter (QOQ) from $152 million in Q1 2024. Meanwhile, transaction volume fell by 31.3% QOQ to 22 deals in Q2 2024, from 32 in Q1. WebThe total shophouse transaction value crossed the billion-dollar mark in 2024, almost reaching S$2 billion with a total of S$1.9 billion in sales. Historically, this is the highest ever recorded. While sales values in 2024 and 2024 hovered at a respectable S$915.9 inclake manufacturing