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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

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Colliers says the improved economic outlook should help to lift investor confidence. According to Oxford Economics, the economy could expand by 1.4% this year compared with 0.7% growth in 2019.

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...

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