The buzz may be returning to Singapore's real estate investment sales market, with interest and activity recovering in the commercial sector in particular during the July-September quarter, compared with preceding quarters. That being said, overall, investment sales - defined as transactions totalling S$10 million and more - in the city-state was still down 55.1 per cent year on year to about S$4.4...
Singapore Investment Sales
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 pullback in the residential property sector as cooling measures continued to bite", said Colliers. The commercial property sector led...
Attracted by Singapore’s stable political environment and relatively strong office rentals, Hong Kong investors pumped a total of US$1.4 billion into the Republic’s real estate in the first half of 2019. This accounted for more than a quarter of the US$5.2 billion in total outbound real estate investment from Hong Kong during the period, making Singapore the top destination, Cushman & Wakefield...
Real estate investment sales in Singapore fell 52 per cent year on year to $5.3 billion in the first quarter of 2019, on cooling in the latest bout of en-bloc fever and from residential property curbs. This is according to a Colliers International research report released on Tuesday. The corresponding period in 2018 had seen a record level of residential collective sales, Colliers noted. In the...
It's been a banner year for big-ticket property transactions of at least S$10 million each. As at Dec 23, the tally stood at S$22.5 billion - up 31 per cent from 2015's S$17.2 billion, going by Savills Singapore's figures. CBRE and Cushman & Wakefield have similar numbers. This year's tally of property investment sales, as these transactions are also known, is the highest in three years and has...
Equity Plaza, a 28-storey office tower in Singapore's central business district (CBD), has been sold for S$550 million to a consortium led by mainboard-listed GSH Corp. Real estate consultancy CBRE, which brokered the sale, said the price works out S$2,181 per square foot (psf) based on the building's current net lettable area of about 252,135 square feet. Keppel Land was the seller of the property....
Real estate investment activity in Singapore has picked up in the second quarter of 2012. According to DTZ Research, investment activity for the second quarter increased 48 per cent on-quarter to S$6.9 billion. Meanwhile, investment deals for the first half of 2012 totalled at S$11.6 billion, dropping 32 per cent from S$17.1 billion on-year. Land sales made by the government declined too, accounting for...
According to the latest DTZ Research report which highlights real estate investment activity, real estate investment activity in Singapore dopped by 50 per cent in the first quarter of this year to S$3.7 billion. This compared to the previous quarter where investment sales hit S$7.4 billion. Reasons include investors remain mindful of rising business costs, global economic uncertainties and a weaker...
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...
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...