Affinity for old shophouses pays off

Mr Ashish Manchharam, 41, is the founder of 8M Real Estate, a notable player in the conservation shophouse sector.
Mr Ashish Manchharam, 41, is the founder of 8M Real Estate, a notable player in the conservation shophouse sector.ST FILE PHOTO

From a small real estate firm operating out of a 200 square foot attic space in Amoy Street, Mr Ashish Manchharam has grown the company that he started into a notable player in the conservation shophouse sector, with 50 shophouses in its portfolio.

The 41-year-old founder of investment property firm 8M Real Estate (8MRE) has had an affinity with shophouses ever since he grew up in one in the Kampong Glam area.

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A version of this article appeared in the print edition of The Straits Times on July 25, 2019, with the headline 'Affinity for old shophouses pays off'. Print Edition | Subscribe