Prime districts enter the collective sales fray in 2018
Fifteen sales in Districts 9, 10 and 11 have already taken place
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
AFTER making its way through the suburbs and city fringe last year, the collective sale fever is sweeping homes in Singapore's prime districts this year, helping to push this year's sale value for residential sites above levels seen last year.
So far this year, there have been 15 residential collective sales valued at S$4.44 billion in the Core Central Region (CCR), which comprises Districts 9, 10 and 11, the downtown core and Sentosa. This surpasses the eight deals worth S$1.05 billion transacted in the whole of 2017, said Colliers International.
Copyright SPH Media. All rights reserved.
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Beijing’s calculated silence on the Iran war
DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities
