SUBSCRIBERS

Property investment deals cross S$3b so far in Q1

Office sector has been the star performer while value of residential sector deals halve year on year. There's plenty of capital, but a standoff in pricing

Kalpana Rashiwala
Published Thu, Mar 26, 2015 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    INVESTMENT sales of property - big-ticket transactions of at least S$10 million - have crossed S$3 billion so far this quarter - not far off the level in the previous quarter but significantly below the S$4 billion mark in Q1 last year.

    Deals originating from the private sector have shored up the latest Q1 number, accounting for 74 per cent of total investment sales.

    Copyright SPH Media. All rights reserved.