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Singapore's Q3 property investment sales surge to S$16.7b: report

This is on the back of a commercial sector bump from big ticket office deals, says Cushman & Wakefield

Vivienne Tay
Published Mon, Oct 14, 2019 · 09:50 PM

Singapore

REAL estate investment sales in the third quarter more than doubled to S$16.74 billion from S$6.7 billion in the previous quarter, on the back of a commercial sector surge from big ticket office transactions.

This was also 49 per cent higher than the volume of the first and second quarter combined, said a Cushman & Wakefield report on Monday.

The commercial sector led sales volumes with S$6.27 billion in sales. The largest office transaction of the year went to Allianz Real Estate and Gaw…

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