BUILDING & ENGINEERING | Staff Reporter, Singapore

Strata office sale smash three-year record with 122 units sold

114 of them were resales.

Strata office sales in Q4 2017 increased 32.6% QoQ to 122 deals, from 92 in the previous quarter.

According to Colliers International's report, this marks the first triple-digit quarterly sales volume in more than three years.

About 114 of the deals were resale transactions, comprising 93% of deal volume by caveats lodged.

Notable strata unit resales in the CBD include units at Prudential Tower, Shenton House, Samsung Hub, and SBF Centre.

Photo by Terence Ong - Own work, CC BY 2.5

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