Singapore's real estate investment sales hit S$28.6 billion in 2011. This is slightly more than the S$27.9 billion worth of deals concluded in 2010. This is based on data compiled by property consultancy firm DTZ Research on transactions that are above S$5 million in value. It excludes the S$1.1 billion worth of transactions in single residential units and lots that cannot be redeveloped or subdivided...
Property Investment Sales
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...
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...
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...
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...
Property consultant Jones Lang LaSalle says Singapore is seeing one of the world's strongest growth in real estate investment transactions. In its Global Market Perspective report, it says shortages of prime assets for sale are constraining investment volumes. This has led to Singapore, Australia, Sweden and China experiencing the highest property investment growth as those countries have robust economic...
Investment sales for residential property in Singapore have fallen 30.8 per cent in a single quarter, with analysts attributing the dive to the slew of cooling measures introduced by the Government in August. According to a report issued yesterday by property consultancy Colliers International, the third quarter saw a total value of $3.74 billion in residential investment sales, well below the $5.4...
Commercial real-estate investment volumes in the Asia-Pacific increased by 8 per cent in the third quarter of this year to US$29.6 billion ($38.4 billion), according to DTZ Research. The real-estate research house said that volume growth would remain strong for the remainder of this year - and into next year, with investment predicted to hit US$145 billion next year. That would be a 12-per-cent increase...
About US$280 billion ($362 billion) of capital will be available to invest in global commercial real estate next year, with the United States market drawing the most buying interest as it bottoms out, according to property consultant DTZ DTZ said the estimated available capital for 2011 would be 22 per cent up on a forecast it made in December, with US$97.4 billion (up 54 per cent) for the US; US$111.8...