Strata retail sales surge 59% in H2 2025

Affordable price attracted cost-conscious businesses.

The strata retail market recorded 181 transactions in the second half (H2) of 2025, a 58.8% increase from the total number of transactions in the first half of the same year.

Total sales value also jumped 52.9% to $448.0m in H2 2025, whilst the average unit price grew 16.2% to $3,491 psf over the same period.

This brings the annual total to 295 strata retail transactions valued at $741.1m, with an average unit price of $3,282 psf, according to a Knight Frank report.

Freehold sales accounted for 109 transactions totalling $285.0m, with an average price of $4,066 psf.

Leasehold sales recorded 72 transactions totalling $163.1m, despite a slight 1.9% decline in average prices to $2,800 psf.

The report also cited top developments during the period, including GB Building, Golden Village – Yishun Ten, N.A., Holland Road Shopping Centre, and Heritage Place.

A total of 128 deals were below $2m, suggesting investors’ and owner-occupiers’ preference for affordability, whilst using strata retail units as a hedge against retail rental cycles.

Businesses are increasingly purchasing their own space to mitigate occupancy costs and ensure business continuity amid a “Darwinian” retail environment, the report said.

Total strata retail transaction value is expected to range between $500m and $700m in 2026, attracting more buyers seeking long-term cost certainty as interest rates begin to ease.