SINGAPORE (May 9): Some S$4.99 billion (RM15.4 billion) worth of real estate investment deals were closed in the first three months of this year, a 67.4% surge from the year-ago period.

Following The Business Times’ report, the private sector accounted for 90% of the total sales value in the first quarter.

JLL Singapore head of research and consultancy Tay Huey Ying said: “The engine of growth for Singapore’s private investment sales market in the first quarter of 2017 was the office sector which took the lion’s share at 47.5%.”

This article first appeared in The Edge Financial Daily, on May 9, 2017.

For more stories, download TheEdgeProperty.com pullout here for free.

SHARE
SPONSORED CONTENT
IJM Perennial’s Lightwater Residences in THE LIGHT Waterfront Penang checks off every definition of luxury

Luxury is inherently subjective, with several definitions relative to different individuals. For some, it is a prominent location or prestigious address, while for others, it is measured by expansive spaces, high-end facilities or breathtaking vistas.

read more
RELATED POSTS
  1. Centurion's RM214.5m Pasir Gudang buy to be its largest in Malaysia
  2. QES Singapore unit to buy two Space Nova units for RM17.49m
  3. IOI Properties exercises call option for S$1.2b MVKimi acquisition