DTZ has downgraded this year’s property investment forecast in the Asia Pacific region from S$158 billion to S$135 billion. “The downward revision comes as a result of policy initiatives in China to cool the property market, the earthquake and tsunami in Japan, and fears of a global economic slowdown, which is leading to reduced investment flows,” said DTZ in a report. However, the real estate...
Property Investment
Direct real estate transaction volumes rose 225 per cent year-on-year (y-o-y) in the second quarter of this year to US$2.2 billion (S$2.7 billion). According to Jones Lang LaSalle's (JLL) Asia Pacific Capital Markets Bulletin, this was boosted by double-digit growth in the financial services sector which continued to drive gross prime Raffles office rents up 1.5 per cent over the previous quarter, even...
Global direct real estate investment volumes rose 7 per cent on-quarter in the second quarter to hit over US$101 billion. This is according to research findings from Jones Lang LaSalle, which added that on a year-on-year basis, the investment volumes jumped a staggering 47 per cent. However, in Asia Pacific, Jones Lang said there was a sizable on-quarter fall of 30 per cent in volumes to US$18.5...
Investment sentiment in the Singapore property market remains positive but there are few core assets for sale, according to property consultants DTZ Research. It found that investment in properties held firm in the second quarter, with S$8.3 billion of value transacted, higher than the S$8 billion worth of transactions recorded in the first quarter. On a year-on-year basis, DTZ said investment sales in...
Investment sentiment in the Singapore property market remains positive but there are few core assets for sale. That's according to property consultants DTZ Research. It found that investment in properties held firm in the second quarter, with S$8.3 billion of value transacted. That's higher than the S$8 billion of transactions recorded in the first quarter. On a year-on-year basis, DTZ said investment...
The property investment sales market continues to manifest upbeat sentiment, amassing a healthy sum of S$9.77 billion in the first quarter of the year, riding through the Government's property cooling measures, the political unrest in the Middle East and North Africa, and the recent catastrophe in Japan, consultants Colliers International said. In a report issued yesterday, Colliers said the property...
After last year's robust performance, Singapore property investment sales continued to remain active in the first quarter of this year. According to property consultant CBRE, this quarter's total investment sales have amounted to S$7.23 billion so far - 66.6 per cent higher than the S$4.34 billion registered in the first quarter last year. The private investment sales market has accounted for S$4.36...
Affluent hunters of residential property are seeking investment opportunities abroad to diversify their portfolios and take advantage of the strengthening Singapore dollar. The Singapore dollar has risen considerably against the three major currencies - the US dollar, euro, and British pound - since the crash of Lehman Brothers in Sept 2008. The local dollar has gained over 11 per cent against the...
Property consultant Colliers International said Singapore's property investment sales market strengthened further in the last quarter of 2010, ringing in sales of S$12.26 billion. That was up 29 per cent quarter-on-quarter, but remained lower compared to the record S$12.69 billion chalked up during the peak in the third quarter of 2007. Colliers released the information in its latest Knowledge Report on...
Australian real estate may present a good investment opportunity next year as a robust economy and a growing shortage of homes underpin prices that, according to analysts, have room to go up still further. Analysts say that foreigners will be drawn to the market, with Chinese, Singaporean and Malaysian buyers continuing to lead demand. Despite restrictions on foreign buyers of Australian properties, Asian...