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Developers send Q1 property investment sales to new high

Land-banking pushes deals this year to S$10.84 billion as of March 28, with en bloc sales accounting for S$5.83 billion

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Published Fri, Mar 30, 2018 · 09:50 PM
    Record high Q1 investment sales

    Singapore

    A FLURRY of land-banking activities by developers propelled Singapore's property investment sales market to its strongest quarter in the first three months this year.

    Preliminary estimates by property consultancy JLL show that some S$10.84 billion worth of investment deals were sewn up in the first quarter as of March 28 - the highest first-quarter sales on record since JLL started tracking such deals in 1994.

    Property investment

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