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Shophouse market sees lower transactions and rents in 3Q2023: PropNex

October 27, 2023 /0 Comments/in Misc /by tampinesmixcondo

The commercial shophouse market in Singapore saw less activity in 3Q2023 with both transactions and rents cooling, compared to the previous quarter. PropNex Realty data revealed 38 shophouse transactions for the quarter, a 19% q-o-q decrease from 47 deals in 2Q2023. With a total value of $350.8 million, this represented a dip of 19% q-o-q. […]