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Strata offices starting to run out of fizz?

Toppish prices for GSH Plaza said to have resulted in sales stalling; consortium turns focus to full floor deals

GSH Plaza in Raffles Place. Talk in the market is that the commission rate for agents to find buyers in the strata project has been doubled to 3 per cent by the owner in a bid to drum up sales.


THE strata office sales market could be starting to run out of fizz - due to toppish prices and concerns about a future office oversupply and rising interest rates. The total debt servicing ratio also continues to clip appetites of mom and pop investors.

At the much-hyped...

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