Buyers flocking back into S'pore shophouse market

Sales forge ahead as launches spark interest in sector that has been sluggish for months

Three adjoining freehold shophouses at 262, 264 and 266 River Valley Road that are on sale via an expression of interest. Recent shophouse transactions include 52 Amoy Street that sold for $8.5 million, 44-46 Amoy Street for $21.3 million and 534 Nor
Three adjoining freehold shophouses at 262, 264 and 266 River Valley Road that are on sale via an expression of interest. PHOTO: EDMUND TIE
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Buyers are flocking back into the shophouse market after the pandemic-induced lull put the sector in the doldrums for months.

Sales are powering ahead while new launches are further igniting investor interest.

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A version of this article appeared in the print edition of The Straits Times on October 22, 2020, with the headline Buyers flocking back into S'pore shophouse market. Subscribe