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
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…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Delfi Orchard up for collective sale at S$438 million guide price
US existing home sales drop in March; median price increases
German home building permits tumble 18% in February, extending rout
China national who had Singaporeans front plan to buy East Coast houses pleads guilty
Freddie Mac seeks regulatory approval to back home-equity loans
China national fined S$45,000 for having Singaporeans front plan to buy East Coast houses