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Big-ticket property deals fall 42% in Q3 after cooling measures

Kalpana Rashiwala
Published Thu, Oct 4, 2018 · 09:50 PM

Singapore

THE tally of big-ticket property transactions of S$10 million and above across all sectors tumbled 42 per cent to S$6.5 billion in the third quarter from S$11.2 billion in Q2 - after the July property curbs put the brakes on residential collective sales.

However, a pick-up in activity for the commercial and industrial property segments helped to mitigate the drop in the residential sector, said Cushman & Wakefield Singapore senior director of research Christine Li.

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