Singapore strata retail sales value slashed by half in H1 amidst COVID-19 woes

Uploaded By:  Roxanne Uy Submitted By:  Staff Reporter Case Study:  No The total transacted value dropped to S$67.4m in H2 2020 from S$135m in H2 2019. According to Knight Frank, the strata retail market slowed down significantly in the first half of 2020, as the total transacted strata retail sales value as well as the number of transactions were approximately half of what was recorded in H2 2019. The economic uncertainty in light of the global COVID-19 outbreak and physical restrictions has weakened market sentiment and dampened transaction volume. read more