21 Nov '17, 11pm

"...Singapore has been the only market in Asia in which government efforts to contain prices rises have actually...

"...Singapore has been the only market in Asia in which government efforts to contain prices rises have actually...

Investment picked up 50% to $7.68b after a number of large deals. After two years of declining rents caused by a sluggish economy and a glut of supply, investors believe Singapore’s commercial and residential markets is near its bottom, thinktank Urban Land Institute (ULI) and PwC revealed. In their "Emerging Trends in Real Estate Asia Pacific 2018" report, Singapore ranked third in terms of investment prospects 2018. It previously ranked first in 2011 and 2012 and then 21st in 2017. Meanwhile, it rose to sixth place in terms of development prospects. Singapore saw a 50% pickup in investment to $7.86b (US$5.8b) after a number of large deals. Development site activity has also been strong, signalling the bottoming of the market after being stuck in the doldrums. Singapore has shot up the office rankings this year. ULI and PwC said investors anticipate a rebound in a market ...

Full article: http://sbr.com.sg/commercial-property/in-focus/singapore-...

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