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Investment sales reviving for Singapore commercial property, GCBs: Knight Frank

Significant commercial transactions prevalent in Q3 as the economy reopened after Covid-19 restrictions were lifted

Fiona Lam

Published Fri, Oct 9, 2020 · 09:50 PM

Singapore

THE buzz may be returning to Singapore's real estate investment sales market after several muted quarters, with interest and activity recovering during July to September, particularly for commercial assets and Good Class Bungalows (GCBs).

But overall, investment sales - defined as transactions totalling S$10 million and more - were still down 55.1 per cent year-on-year to S$4.4 billion.