You are here

Investment property sales drop in Q1

S$5.2 billion figure down 35% q-o-q but is double the S$2.5 billion a year ago; industry players say market mood remains positive
Thursday, April 6, 2017 - 05:50

BT_20170406_KRINVEST_2826931.jpg
Major transactions in Q1 include the S$881 million sale of a 70 per cent stake in TripleOne Somerset by a consortium led by Perennial Real Estate Holdings.

Singapore

FROM a high base in the fourth quarter of last year, big-ticket property transactions of at least S$10 million declined substantially in the first quarter.

However, the mood in the market is decidedly positive - with much anticipation of the imminent mega transactions of

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom