Conservation shophouses in Singapore have emerged as an attractive real estate alternative investment
Conservation shophouses in Singapore have attracted strong investment demand, with record transaction values of S$1.5 billion (US$1.1 billion) in 2018.
Apart from the heritage charm, these shophouses have a relatively palatable quantum (S$10 to 20 million per unit), are limited supply and flexibility of usage. These have led to the emergence of conservation shophouses as an attractive real estate alternative investment class for institutional investors.
As more investors set their sights on shophouses, we examine the possible opportunities and limitations of this investment class. Download this Flash report to unlock the value of these heritage gems.
Apart from the heritage charm, these shophouses have a relatively palatable quantum (S$10 to 20 million per unit), are limited supply and flexibility of usage. These have led to the emergence of conservation shophouses as an attractive real estate alternative investment class for institutional investors.
As more investors set their sights on shophouses, we examine the possible opportunities and limitations of this investment class. Download this Flash report to unlock the value of these heritage gems.
