Sentiment in the strata commercial property sales market are expected to remain tepid this year. Already, strata retail property transactions in the past two quarters have been subdued compared to those recorded last year. Citing various existing challenges and headwinds, a further decline in transactions are expected for the rest of the year. However, despite current market conditions, the strata retail scene still presents opportunities to buyers on the lookout, especially with a few strata retail units entering the market in the past six months. In this issue, we look at the strata retail market and see what headwinds it currently faces, and what lies ahead in a seemingly pitfall-plagued market segment.... Continue Reading