Higher strata office and retail transacted values in 1H2025: Knight Frank
In the strata office market, a sum of 189 purchases were recorded in 1H2025, greater than the 170 arrangements listing in 2H2024. Nonetheless, the common unit cost of strata office real estates sold dropped, dropping from $2,878 psf in 2H2024 to $2,787 psf in 1H2025.
Remarkable strata retail transactions in 1H2025 consist of the sale of units at Orchard Towers for $54.5 million, or $2,825 psf, in January. Typically, strata retail units negotiated at $3,004 psf in 1H2025, compared to $2,999 psf in 2H2025.
According to Knight Frank, the Downtown Core and the Rochor planning areas found the highest number of transactions. Caveats lodged show 44 units in the Downtown Core shifting hands for $471.1 million, though the company adds that the number of real packages may be higher, as some purchasers selected not to lodge signs.
Nevertheless, the firm notes that chances continue to be in both the strata office and strata retail markets. “Palatable and relatively affordable price quanta in these specific niche sectors provide prompt and off-beat possibilities that can be attractive for cautious capitalists and end-users,” claims Mary Sai, executive administrator for funding markets at Knight Frank Singapore.
In the strata retail market, there was an uptick in sales worth in 1H2025, regardless of a minimal dip in quantity. There were 113 strata retail deals in the very first fifty percent of the year, contrasted to 116 in 2H2024. “As with strata workplace units, particular strata retail transactions may not have been caught as caveats were not lodged,” Knight Frank includes.
Strata commercial deals saw consistent momentum in 1H2025, according to a research record by Knight Frank Singapore. Caveats lodged show that both the strata office and strata retail industry reported greater negotiated valuations in the very first fifty percent of the year compared to the second part of last year.
As a result, overall strata workplace sales amount was partially greater than the 2nd half of previous year, inching up just 0.6% to $699.6 million in 1H2025.
TMW Maxwell Chip Eng Seng, Singhaiyi and Chuan Holdings Limited
The biggest strata workplace deal by absolute value in 1H2025 was the revenue of numerous 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.
However, strata retail sales worth completed $292.3 million in 1H2025, 35.5% greater than the $215.8 million in 2H2024. The boost was underpinned by a slightly higher lot of larger deals, claims Knight Frank. While most transactions in 2H2024 were smaller sized bargains of under $4 million, there were ten in 1H2025 that were above $5 million, consisting of 4 transacted at above $15 million.
Looking in advance, the outlook for the strata commercial industry continues to be speculative, amid a background of intensifying geopolitical pressures, recurring protectionist moves by the United States and aggravating international problems. Additionally, the strata retail sector remains to be weighed down by increasing operating costs and moving customer behaviour, triggering merchants to adopt slow-moving growth programs, states Knight Frank.
Amongst strata office complex in the Downtown Core, Manhattan House on Chin Swee Road emerged, logging 27 deals in 1H2025. “A possible reason for the boosted interest could be that clients were buying to take advantage of a chance for a potential en bloc sale to happen,” the record adds in.
