What is the average price of shophouses in Singapore

The average price of shophouses in Singapore has reached record highs in recent years. As of the latest reports, the average price of Singapore shophouses has surged to a record $5,500 per square foot, which is significantly higher than previous levels and even surpasses prices in areas like Manhattan's Upper Fifth Avenue. Additionally, some conservation shophouses in the CBD and Chinatown have been sold for prices above $7,000 per square foot.