Sharp drop in Singapore Q1 property investment sales: Colliers

Figure fell 52% yoy to S$5.3b on cooling in latest bout of en-bloc fever and from residential property curbs

Fiona Lam
Published Tue, Apr 16, 2019 · 09:50 PM

Singapore

REAL estate investment sales in Singapore fell 52 per cent year on year to S$5.3 billion in the first quarter of 2019, on cooling in the latest bout of en-bloc fever and from residential property curbs.

This is according to a Colliers International research report released on Tuesday. The corresponding period in 2018 had seen a record level of residential collective sales, Colliers noted.