Shophouse sales value down 43% q-o-q following muted market activity: PropNex
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1 Articles
Shophouse sales value down 43% q-o-q following muted market activity: PropNex
In 1Q2025, 19 shophouses changed hands, a 21% q-o-q decline in transaction volume from the 24 properties sold in 4Q2024. On a yearly basis, it marks a 17% fall in transaction volume in the asset class from the 23 deals recorded in 1Q2024, according to PropNex Research’s April 24 report. However, the actual sales figures in 1Q2025 are likely to be higher as the caveats for some transactions may not have been lodged, notes PropNex. In terms of t…
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