News Formal

Opportunities emerging for investment property deals; discounts up to 20% may be had, says consultant

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

SOME good may come from the Covid-19 pandemic - real estate is being offered to investors at lower prices as Singapore plunges into the worst recession on record. Opportunities could emerge with 10-20 per cent discounts from the pre-Covid level a couple of quarters down the road, said Christine Li, Cushman & Wakefield head of business development services, Singapore & South-east Asia. Read more at The Business Times.

The largest transaction in Q2 was Alibaba Group buying a half stake in AXA Tower in a deal which valued the property at S$1.68 billion.

SOME good may come from the Covid-19 pandemic - real estate is being offered to investors at lower prices as Singapore plunges into the worst recession on record. Opportunities could emerge with 10-20 per cent discounts from the pre-Covid level a couple of quarters down the road...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Companies seek new opportunities to stay afloat amid COVID-19 pandemicSINGAPORE: After seeing its sales revenue plummet by 40 per cent in 2019 due to protracted international trade tensions, Certact Engineering was ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »