Investment Transaction Of Residential Segment Spiked 90.1% in Q3 2019

singapore-city-centre-landscaping
residential-investment-transaction-spiked-90.1-percent-in-q3-2019-singapore

Real Estate in Singapore posted a significant rise in residential investment volume of 90.1% in 3rd Quarter compared to same period a year ago, according to research firm Colliers International.

Out of which, land sales including the site at Tan Quee Lan Street, One-North Gateway, Clementi Avenue 1 and Bernam Street take up 62% of the said figure. At the same time, luxury residential sales also saw a healthy result, posted a 62.4% increase compared to previous quarter. Such transaction includes good class bungalows (GCB), given a high profile purchase by James Dyson of super penthouse at Wallich Residences as well as a GCB valued more than $100 million.

Analyst said that prospect of the Republic’s real estate industry remain resillient amidst global economical uncertainties, that Singapore is one of the investors’ top choice for a safe haven of capital due to systematic government and pro-business policies.

Source: https://www.propertyguru.com.sg/property-management-news/2019/10/183797/residential-investment-sales-surge-90-1-in-q3?utm_source=pgsg-newsalert&utm_medium=edm&utm_campaign=dailynews-18Oct2019&utm_content=links

Return to Parc Esta Home Page

You can now enjoy Direct Developer Price & Discounts by Booking An Appointment Here to view Parc Esta ShowFlat. Our appointed representative will get in touch with you as soon as we can.

At the same time you may also fill up the form on the right and access to latest Parc Esta Price List, Units sold, and many more!

 Strictly no spam policy.