In land-scarce Singapore where public housing can cost up to a million dollars, the appeal of shophouses seems to be growing.
Interest in Housing and Development Board (HDB) shophouses is on the rise, with buyers drawn to their relatively high yields, high-traffic locations and limited supply in the market for assets in public housing estates.
To find out more about this trend and things to look out for when investing in a shophouse, Loyalle Chin, founder of PropNex ShophouseHuat, and an expert who is dubbed the “private banker” of shophouses to CEOs and families shares some insightful advice.