What was Singapore’s biggest shophouse sale in Q3?

The deals totalled nearly $48 million.

Of the 27 shophouse transactions in Singapore in Q3 2025, District 15 (Katong, Joo Chiat) topped sales, with eight deals valued at $47.9 million, according to a report from PropNex.

Here’s more from PropNex:

There were several big-ticket shophouse acquisitions during the quarter that were not caveated. Among them, a portfolio sale of six conservation shophouses along Stanley Street by Anpora Real Estate for over $82 million. According to media reports, the buyers of these shophouses are affiliates of Clifton Partners, a Singapore-based real estate investment firm. The transactions were completed in July this year.

According to URA Realis data, the top caveated transaction in Q3 2025 was the sale of three adjoining freehold shophouses in Jalan Besar in the Desker Road Conservation Area for $36.5 million in September 2025. The sale price reflects a unit price on land area of $5,723 psf, based on a land area of 6,378 sq ft.

Another notable deal during the quarter was the sale of a Club Street conservation shophouse for $21 million. The purchase price reflects a unit price of $3,889 psf based on the estimated gross floor area of 5,400 sq ft. According to media reports, the 3- storey corner shophouse was sold by JL Family Office to Singapore-incorporated Asia Success Management.

In general, there were more big-ticket shophouse purchases during the quarter. Based on caveats lodged, of the 27 shophouse deals in Q3 2025, more than half (or 59%) were priced at above $5 million, while the remaining deals (41%) were transacted at below $5 million.