Chart of the Day: Private sector investment sales rebound

Transaction volume surged almost 60% quarter-on-quarter.

Savills Research reported:

There was about S$7.4 billion worth of investment transactions in Q2/2012, representing a 52.4% increase over Q1’s S$4.9 billion, and bringing the total volume in the first half of 2012 to S$12.3 billion.

The private sector accounted for S$4.3 billion or 58.3% in Q2/2012. Undeterred by red flags fluttering in the eurozone and renewed concerns about a slowing global economy, the investment sales market, especially in the private sector was reinvigorated by a spate of acquisitions on the back of low interest rates and the still optimistic outlook for the property market.

The public sector contributed S$3.1 billion or 41.7% of the total investment sales in Q2/2012. Fifteen state land parcels, comprising 11 residential sites, three industrial sites and one hotel site, were sold for a total of about S$2.9 billion. In addition, JTC’s Fusionopolis Phase 5 was sold for S$172.8 million through a concept and price tender.

Also Read

One Sophia sells 30% of units at weekend launch

SLA launches tender to revitalise Tanjong Katong Complex

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit