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.
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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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