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

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

The performance of Singapore’s commercial shophouse market was more subdued in 3Q2023, with both transactions and rents easing compared to the previous quarter. A total of 38 shophouse transactions valued at $350.8 million were recorded in the third quarter based on caveats lodged. This was a 19% drop from 2Q2023, when 47 deals worth over […]