Why are there no caveats for commercial shophouses in Greenwood Avenue and Greendale Avenue when sales have been completed?

There may be completed sales of commercial shophouses in Greenwood Avenue and Greendale Avenue that do not appear in the caveat records because caveat lodgement in Singapore is not mandatory for commercial properties. For shophouses, especially those transacted by companies or high-net-worth individuals, transactions may be completed without caveats being lodged. This is often due to reasons such as privacy, faster transaction timelines, or unique financing arrangements.

Additionally, market reports indicate that actual shophouse sales often exceed the number of caveats lodged, as several buyers or sellers may choose not to lodge a caveat after completing the sale. It is also common for some high-value or sensitive deals, such as those involving portfolio sales, to remain uncaveated. This trend has been observed generally across the commercial shophouse segment in Singapore.

In summary, lack of caveats does not necessarily mean there were no completed sales—it simply means these transactions are not publicly registered through caveat lodgement. For the most accurate and complete transaction data, direct checks with property agents, developers, or law firms involved in the conveyancing process are necessary.