Singapore property investment sales could hit record in 2018
JLL sees private home prices, office rents and prices continuing to rise for the next couple of years.
SINGAPORE'S property investment sales market rebounded in 2016, surged to a 10-year high in 2017 and could end 2018 on a record high, according to recent JLL data.
Investors continue to be drawn to Singapore by its unique proposition - the opportunity to reap returns not only in the short-term, but also in the long-run, thanks to the city-state's future-proofing features that help maintain its competitiveness over time and economic cycles. This is a powerful combination given today's turbulent political and uncertain economic climate and against a backdrop of rapid technological transformation.
Indeed, in JLL's 2018 City Momentum Index, Singapore is the only city in the Asia-Pacific region, and one of only two globally along with Seattle, to be ranked in the top 30 for both short- and long-term dynamism out of 131 established and emerging business hubs across the globe.
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