Shophouse market sees lower transactions and rents in 3Q2023: PropNex
The commercial shophouse market saw more muted activity in 3Q2023, with transactions and rents easing compared to the previous quarter and a total of 38 shophouse transactions recorded in 3Q2023 based on caveats lodged, a 19% q-o-q drop from 47 deals registered in 2Q2023. Similarly, shophouse transaction value fell 19% q-o-q to clock $350.8 million […]