The second half of 2021 saw stable activity in the strata office market, while the strata retail market also regained steam, according to a report by Knight Frank.

Transaction volumes for strata offices totalled 165 for 2H2021, bringing total transaction volume to 334 in 2021, a 56.8% y-o-y increase compared to 213 in 2020. “Sales volume largely recovered to pre-pandemic levels in 2021, similar to the 331 in 2018 and 308 in 2019,” says Mary Sai, executive director, capital markets, at Knight Frank Singapore.

Read more at: https://www.edgeprop.sg/property-news/strata-office-space-see-continued-demand-2022-strata-retail-market-see-‘moderate-recovery’-2h