Strata retail sales in Singapore to reach S$400-S$500m this year

Demand for strata retail units is subdued.

According to Knight Frank, the retail sector is expected to remain challenging in 2025, as inflationary pressures and the strong Singapore Dollar has led many locals to spend abroad. 

Buyer and investor interest in strata retail units are likely to remain subdued, especially for properties that lack a healthy flow of pedestrian/shopper traffic, far from transport nodes.

“Nonetheless, the pricing of strata retail units might present a more affordable alternative to conservation shophouses. In H2 2024, 74.1% of strata retail transactions were under S$2 million catering to smaller investors with boutique budgets. With a more palatable price point, a projected total sales value of between S$400 million and S$500 million can be expected for the whole of 2025,” the analyst said.