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Flight to safety checks into Singapore hotel market

Uptick in hotel transaction volumes totals about S$1.7b so far this year and set to rise; bumper year expected

Published Thu, Sep 26, 2019 · 09:50 PM
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Singapore

AMID the ongoing trade uncertainty playing out between the US and China, there remains a strong weight of global capital seeking opportunities in safe haven destinations.

As a key global gateway city, Singapore remains high on investors' radar, underpinned by its transparent banking and legal system.

A key beneficiary of the capital inflows is the hospitality sector in Singapore. According to JLL's Singapore Hotels Market Update 2019, there has been an uptick in hotel transaction volumes, including the sale of existing assets and hote…

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