Q1 property investment sales set to plunge to near seven-year low


Investment sales of property – or big-ticket transactions of at least S$10 million – are expected to shrink to about S$2 billion in the first quarter, according to Savills Singapore. This would be less than half the S$5 billion for Q4 last year and the lowest quarterly level since Q2 2009. Savills' Q1 2016 estimate also reflects a sharp dive from the S$3.6 billion of investment sales sealed in the same quarter of last year.

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