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Interest in shophouses rises after latest ABSD hikes for residential properties
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Agents said investors prefer freehold shophouses which hold their value better compared with leasehold units.
ST PHOTO: ARIFFIN JAMAR
SINGAPORE - The latest round of property cooling measures has driven interest from residential properties, which are now substantially more expensive investments, to the commercial shophouse market.
This has led owners to raise their prices in the face of higher offers from buyers.
