22 Nov '17, 4am

Has the Singapore property market turned the corner?

Optimism abounds in Singapore’s commercial and residential markets Photo credits: Patrick Poh According to the latest real estate forecast report published by the Urban Land Institute (ULI) and PwC, we’re seeing the end of the dark night of the soul for the local property scene as Singapore leapfrogs its way from near the bottom of the table to being the top third choice for real estate investors in the Asia Pacific region. In the 2018 edition of the Emerging Trends in Real Estate Asia Pacific report, investor sentiments point towards a bottoming out in Singapore’s commercial and residential markets. This is buoyed by several factors including the firming of office rents, a $2.09 billion dollar office real estate deal with the sale of Asia Square Tower 2 and the robust land acquisition by developers seen in 2017. The Emerging Trends report is based on the opinion of more t...

Full article: https://www.99.co/blog/singapore/singapore-property-marke...

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