The Business Times
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Tricia Song

HEAD OF RESEARCH, SOUTHEAST ASIA, CBRE

The co-working space market could be primed for expansion as utilisation rates for co-working offices continue to improve.
PROPERTY 2023

‘Tech’-ing a reality check – what’s in it for the office market?

Though overall leasing activity is poised to ease, the silver lining to weakening demand lies in the tight future supply

Owners of ageing assets have turned more realistic when it comes to asking prices. Recently successful commercial collective sales, which include Golden Mile Complex (S$700 million), were all relaunched and sold at a lower asking price vis-a-vis prior to the pandemic.

The changing face of collective sales

A collective sale is a sale of properties that are under multiple ownership to a single buyer. For strata-titled properties – such as apartments, town houses, office blocks, malls, mixed-use developme...

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