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Retail property investment sales surge in Q4

The S$731.3m tally so far is up 22.4% from S$597.4m in Q3 and more than double the S$320.3m in Q4 last year

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Three levels of Heartland Mall-Kovan changed hands recently. Property consultants say that retail property in Singapore offers higher yields than offices, residential property and hotels.

Singapore

THE total value of big-ticket retail properties that have changed hands so far this quarter has surged to S$731.3 million, up 22.4 per cent from S$597.4 million in the preceding quarter and more than double the S$320.3 million in Q4 last year.

This tally as at Dec 8,

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