Thanks to land sales, residential investment sales jumped 48.2 per cent compared with the previous quarter.
On a year-on-year basis, commercial investment sales quadrupled to $1.1 billion in the first quarter on a low base. It said the Urban Redevelopment Authority's Draft Master Plan 2019 incentives could spark more investor interest in the redevelopment of older buildings in the Central Business District.
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Sharp drop in Singapore property investment sales in Q1; potential upside ahead: Colliers ResearchREAL estate investment sales across all property sectors in Singapore totalled S$5.3 billion in the first quarter this year, down 52 per cent on year due to weaker commercial and industrial volumes, according to Colliers International’s market research report released on Tuesday. Read more at The Business Times.
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Sharp drop in Singapore property investment sales in Q1; potential upside ahead: ColliersREAL estate investment sales in Singapore fell 52 per cent year on year to $5.3 billion in the first quarter of 2019, on cooling in the latest bout of en-bloc fever and from residential property curbs. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »