Transaction volume of strata offices plunged 65% in 2H13

Blame it on zero new launches.

According to a release by Knight Frank, total transaction volume of strata offices in 2H 2013 fell by 65 per cent compared to 1H 2013, with 184 transactions compared to 528 transactions. The new sale market was remarkably quiet with no new launches in the market except for the ongoing sales at SBF Centre, Paya Lebar Square, Oxley Square and Eon Shenton, which were launched previously. The general slowdown in market activity was mainly attributed to the TDSR ruling implemented since 29 June 2013.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!