Prestige Magazine – February 2022
Shophouses have a special place in the hearts of many Singaporeans, but beyond their architectural charm, they offer investors and the community so much more. Simon Monteiro, senior associate vice-president of List Sotheby’s International Realty, discusses their value proposition.
The hive of activity centered around shophouse transactions in Singapore has drawn the attention of many investors local and abroad. With transaction volume increasing year on year by more than 10 per cent, in 2021 the real estate value of shophouses sold in Singapore had already exceeded $1 billion by the month of August…
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