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REVIEW 2016

Property investment sales surge to 3-year high

S$22.5b tally in 2016 is up 31% from last year; office outshines residential but trend may reverse in 2017, say consultants
Friday, December 30, 2016 - 05:50

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It's been a banner year for big-ticket property transactions of at least S$10 million each.

Singapore

IT'S been a banner year for big-ticket property transactions of at least S$10 million each. As at Dec 23, the tally stood at S$22.5 billion - up 31 per cent from 2015's S$17.2 billion, going by Savills Singapore's figures. CBRE and Cushman & Wakefield have similar numbers.

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