In contrast, 2H2021 videotaped 172 units offered, amounting to $461.9 million, which translates to a half-yearly decrease of 15.7%. However, on a yearly basis, the quantity negotiated in 1H2022 was slightly over half of the $703.5 million registered from the sale of 169 systems in 1H2021.
Knight Frank attributes the slowdown in sales activity in 1H2022 to the reducing stock of commercial strata workplace systems in the market. “With the current successful collective sale of a couple of strata business buildings, existing owners of various other strata buildings might be hanging on to their systems in hopes of likewise embarking on the en bloc course,” states Mary Sai, executive supervisor of resources markets at Knight Frank Singapore.
Capitalist interest in the strata retail market additionally appears to be getting, states Knight Frank The consultancy notes that because the begin of 2021, transactions for strata retail devices have …