Singapore New Launch Property
Share this Website
  • Home

Government land will dominate 2Q12 investment sales

24/4/2012

 
Private sector transactions should take a backseat until 3Q12 when macroeconomic concerns are less pronounced.

In a new sales and investment report, Savills Singapore said that investment transactions in 1Q12 registered just S$3.98 billion, or 48.4% lower from the previous quarter's S$7.72 billion. This weaker performance that should carry over to 2Q12 with the exception of surging GLS tenders.

Here's more from Savills Singapore:

The investment sales market is expected to remain quiet in the near term as caution reigns amid macroeconomic uncertainties. In addition, although there is ample liquidity and demand in the market, there remains a mismatch between the expectations of buyers and sellers. The next quarter is likely to be dominated by sales from the GLS Programme. Should concerns over the macro-economy begin to fade and the ‘bid-ask’ gap narrows, the second half of 2012 could see a resurgence of transactions in the private sector.

jona con link
26/4/2012 11:15:36 am

Great to know that! This coming year the government land should strive harder for them to dominate the investment sales. It's your time to go further! Thank you for this article. Very interested!


Comments are closed.

    Author

    Just sharing Property news with everyone!! Information is from all major local media.

    Archives

    January 2015
    October 2013
    April 2012

    Categories

    All
    Bishan
    Capitaland
    Ec
    Hdb
    Katong Regency
    Landlord
    Lee Theng Kiat
    Mcl
    Mei Ling Street
    Moshe Safdie
    Pasir Ris
    Public Housing
    Rental
    Residential
    Ripple Bay
    Robust
    Seastrand
    Sky Habitat
    Temasek
    Tenancy
    Tenant
    Upper Boon Keng
    Watercolours

    RSS Feed

Powered by Create your own unique website with customizable templates.