(February 18 06:00) Sbr.com.sg
Submitted By:
Clarist Zablan
Case Study:
No
Their average price rose 8.8% as more were sold in prime locations.
The total value of strata-titled office units sold in 2019 leapt 30.4% YoY to $1.2b, according to a Knight Frank report. Q4 sales particularly skyrocketed 159.8% to $369.5m.
Despite a decline in caveats lodged for strata-titled office units to 303 in 2019, compared to 332 in 2018, the average price transacted per square foot in this year rose 8.8% as more buyers picked more offices in prime locations.
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