Shophouse market continues to soar in 2021: report

Uploaded By:  Paul Howell Submitted By:  Paul Howell Case Study:  No Recovery in H2 2020 was fueled by interest from buyers as the economy opened. The shophouse market will be vibrant in 2021 despite a dip in market activity in H1 2020 due to the pandemic. According to a report by Knight Frank, the total shophouse transaction value may have decreased by 3.8% YoY in 2020, but the property consultancy firm noted that sales rebounded in Q4 and it even surpassed pre-pandemic levels. Q4 2020 saw a total of 51 shophouse transactions, 19 more than in Q3. read more