Singapore property investment sales likely to cross S$31b in 2020: Colliers

The commercial property sector led sales in 2019 and is expected to drive investment sales again this year

Add BT as a preferred source

Ng Ren Jye

Published Wed, Jan 29, 2020 · 09:50 PM

Singapore

SINGAPORE property investment sales could increase by 6 per cent to S$31.3 billion in 2020 from S$29.5 billion in 2019, real estate services firm Colliers International said in its latest report.

Investment sales volumes fell 12.7 per cent last year "largely due to the pullback in the residential property sector as cooling measures continued to bite", it said.

Colliers Singapore property

TRENDING NOW

Buntono is accused of possessing properties that, in part, represent his benefits from income tax evasion, including a Lamborghini Aventador similar to the one pictured.

Lamborghini-driving boss of Eminent Frog Porridge charged with S$3.8 million tax evasion, money laundering

Over the past three years, Singapore has overtaken Hong Kong as the top destination for Taiwanese offshore wealth.

Taiwan’s wealthy seeks diversification to Singapore, sparking private banking race: Bloomberg

Know what you’re retiring to, not just what you’re retiring from. Retirement is a good time to rebuild healthy habits, such as exercise.

How I knew I was ready to retire at 50

Aster deputy CEO Andre Khor, citing the age of the “polycrisis”, says: “It’s very important to be agile, to be focused on execution… We don’t know all the answers but we keep going forward.”

‘Baptism of fire’: Andre Khor on leading Singapore refiner Aster through an energy crisis

Latest T-bills Treasury Bills Results & Interest News Latest SSB Singapore Savings Bonds News Latest COE Certificate of Entitlement News

Latest Johor-Singapore SEZ News Latest BTO Build To Order & Sales of Balance News Latest STI Straits Times Index News Latest SGX Dividends, Share Price News Latest Bonds Market News Latest Singapore Stocks To Buy News Latest Singapore Economy News