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En bloc, huge deals push S'pore up on list of most active markets in Asia-Pac

Real Capital Analytics report also forecasts strength will continue with additional US$4.6b of deals in contract

Published Mon, Aug 7, 2017 · 09:50 PM

Singapore

SINGAPORE climbed to its highest position in five years on a list of most active big-ticket real estate market makers in the Asia-Pacific with US$5.8 billion worth of sales volume in the first half of 2017, data released by Real Capital Analytics (RCA) on Monday showed.

Several large deals, such as the S$2.2 billion acquisition of Jurong Point shopping mall and sales in the residential en bloc market, powered Singapore's ascent to the fourth position, behind Hong Kong, Tokyo and Shanghai. Singapore was ranked sixth on the list in 2016 and seventh in 2015.

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