Commercial

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Shophouse sale on the rise!

Total shophouse transaction values reached S$836.1 million in the first half of 2021, a 29.9% increase compared to the corresponding period last year. From a low of S$117.0 million in Q2 2020, total transactions have since rebounded to S$365.4 and S$470.7 million in Q1 and Q2, respectively. There were 118 transactions in H1 2021, exceeding the 90 in H2 2020 and the last recent high of 99 in H1 2018...

Office Space Singapore

Strata Commercial and Retail (Market Updates Feb 2021)

Strata Commercial STRATA OFFICE Overall performance The total strata office transaction volume recovered to 127 units in H2 2020, after hitting a record low of 79 units (since H1 2009) in the first half of 2020. This brought full-year sales volume in 2020 to 206 units, some 34.4% lower than the 314 units sold in 2019. Out of the 206 units, 56 were smaller than 500 square feet (sq ft). Total...

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