Higher strata office and retail transacted values in 1H2025: Knight Frank
Among strata office complex in the Downtown Core, Manhattan House on Chin Swee Road stood out, logging 27 purchases in 1H2025. “A possible factor for the raised passion could be that investors were acquiring to take advantage of a possibility for a possible en bloc sale to happen,” the record adds.
Nonetheless, strata retail sales value amounted to $292.3 million in 1H2025, 35.5% higher than the $215.8 million in 2H2024. The rise was underpinned by a somewhat much higher range of larger deals, claims Knight Frank. While many transactions in 2H2024 were smaller sized deals of under $4 million, there were ten in 1H2025 that were above $5 million, including four transacted at over $15 million.
In the strata office market, a full of 189 transactions were filed in 1H2025, greater than the 170 deals listing in 2H2024. Nonetheless, the standard unit price of strata office properties reselled declined, dropping from $2,878 psf in 2H2024 to $2,787 psf in 1H2025.
In the strata retail market, there was an uptick in sales value in 1H2025, despite a limited dip in volume. There were 113 strata retail deals in the very first half of the year, contrasted to 116 in 2H2024. “Just like strata workplace units, specific strata retail deals might not have been captured as cautions were not lodged,” Knight Frank adds.
Kassia Condo Tripartite Developers Pte Ltd
Because of this, overall strata workplace sales volume was marginally more than the second half of previous year, inching up just 0.6% to $699.6 million in 1H2025.
The most significant strata workplace deal by absolute value in 1H2025 was the transaction of several units at 20 Collyer Quay for $91.8 million in March, adhered to by the sale of 3 units at Tokio Marine Centre in January for $67.5 million.
According to Knight Frank, the Downtown Core and the Rochor planning locations saw the greatest number of deals. Caveats lodged show 44 units in the Downtown Core shifting hands for $471.1 million, though the company includes that the number of real offers might be higher, as some buyers selected not to lodge caveats.
Looking in advance, the overview for the strata industrial industry stays speculative, amid a backdrop of intensifying geopolitical pressures, recurring protectionist actions by the United States and worsening worldwide problems. Additionally, the strata retail sector remains to be weighed down by rising operating expense and changing consumer behavior, motivating sellers to embrace sluggish development plans, states Knight Frank.
Noteworthy strata retail transactions in 1H2025 consist of the sale of units at Orchard Towers for $54.5 million, or $2,825 psf, in January. Usually, strata retail units transacted at $3,004 psf in 1H2025, measured up to $2,999 psf in 2H2025.
Strata business offers viewed consistent energy in 1H2025, according to a research study report by Knight Frank Singapore. Cautions lodged show that both the strata office and strata retail industry reported greater negotiated valuations in the first half of the year contrasted to the second fifty percent of past year.
Nonetheless, the firm notes that possibilities remain in both the strata workplace and strata retail markets. “Palatable and comparatively economical rate quanta in these niche sectors offer prompt and off-beat possibilities that can be attractive for watchful capitalists and end-users,” claims Mary Sai, executive supervisor for capital markets at Knight Frank Singapore.
