PHOTO: Tricia Song
Total real estate investment sales in Singapore contracted substantially in Q3 2018 as fresh property cooling measures weighed on the residential property sector. According to Colliers International’s latest research report, overall investment sales slipped 30% year-on-year (YOY) to SGD8 billion in the three months to September 30, 2018. Cumulatively, total investment sales in Singapore reached SGD31.4 billion in the first nine months of 2018 – up 14% YOY.
“Colliers International’s Research expects 2018 investment sales in Singapore to match the record value of SGD40 billion posted in 2017” says Colliers.
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