Residential deals accounted for almost half of investment sales activity in Singapore in 1Q24, data from Knight Frank showed.
A significant portion of the residential investment sales in 1Q24 consisted of government land sales sites designated for residential purposes, situated at Orchard Boulevard, Plantation Close, and Media Circle, which had a total value of $1.2b.Knight Frank attributed the downturn to foreign buyers deterred by the prohibitive Additional Buyer's Stamp Duty rate introduced in April 2023....there are many ways you can work with us to advertise your company and connect to your customers.
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