24 Dec '12, 5am

Investment sales slow slightly: report: By Romesh Navaratnarajah:Investment ... property market

Dec 24, 2012 - PropertyGuru.com.sg Comment E-mail to friend Bookmark & Share By Romesh Navaratnarajah : Investment sales across all property segments in the last quarter of 2012 reached S$7.6 billion, bringing the entire year’s figure to S$29.4 billion or slightly below last year’s S$30.1 billion and S$32 billion in 2010, according to a report by Savills Research. On a quarterly basis, investment sales in Q4 declined by about 19 percent compared to S$9.3 billion in the previous quarter. The decline came mainly from the private sector where transaction values fell by 43 percent from Q3. Excluding offices, other property segments saw drops ranging between 69 and 90 percent. Residential investment sales in Q4 amounted to S$2.8 billion or 37.5 percent of the total transaction value. However, investment sales for the quarter fell by 28 percent compared to Q3’s S$3.9 billion. Me...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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