11 Aug '17, 10am

#deVereNews #Singapore ranks fourth most active #propertymarket:

#deVereNews #Singapore ranks fourth most active #propertymarket:

Singapore ranks fourth most active property market 11 Aug On a list of the most active commercial real estate markets in the Asia-Pacific for the first six months of this year, Singapore climbed to its highest position in five years. Based on Real Capital Analytics data released on Monday, the city-state finished just behind Hong Kong, Tokyo and Shanghai, claiming a highly impressive and respectable fourth place. Several large deals, including the $2.2bn acquisition of Jurong Point shopping mall, has seen Singapore’s commercial real estate grow exponentially so far this year. Growing sales in Singapore’s residential en-bloc market has also helped in the city-state’s rise to fourth place.Singapore has also been attracting a lot of attention from Chinese developers, as prices there continue to rebound after years of decline. In fact, over the last 12 months, a team of senior...

Full article: http://www.propertyinternational.com/international-proper...

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