2022-08-02 05:30
Strata office transaction value shrinks to $365.1m in H122
, Singapore Photo by Alesia Kazantceva on UnsplashCompared to H221, the H122 figure represents a 15.7% decline.With only 145 units sold, strata office transaction value shrank by 15.7% to $365.1m in H122 when compared to H2 21, data from Knight Frank showed.Comparing the H122 figure to the same period last year when $703.5m was registered, the transaction value was almost halved.According to Knight Frank, the slowdown in sales activity in the market was likely due to the shrinking saleable stock of strata offices.

https://sbr.com.sg/commercial-property/news/strata-office-transaction-value-shrinks-3651m-in-h122

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