Chart of the Day: Here are the top office deals in Q1

The top two are located in Raffles Place/New Downtown.

This chart from Colliers International reveals that China Square Central recorded the biggest transaction price amongst office investments in Q1 at $648m. It is followed by Samsung Hub priced $50m, and two strata sales in Suntec Tower One for $48m.

The top two office transactions are located in Raffles Place/New Downtown, whilst the third one is located in City Hall.

The sale of China Square Central, a result of the merger between Frasers’ commercial and logistics & industrial trusts, drove overall office investment sales. Excluding this, sales would have plunged 91% QoQ as investors adopted a wait-and-see approach amidst the outbreak.