05/07/2018
Property Investment Sales Volume Up 11.4% In Q2 ✨
Driven by en bloc residential transactions, Singapore’s investment sales market extended its robust performance in the second quarter of 2018, with preliminary investment volume up 11.4 percent year-on-year to $10.308 billion, according to a CBRE report.
This brings the investment tally for the first half of 2018 to $20.318 billion, which corresponds to 57 percent of annual investment sales posted last year.
In Q2, 15 residential collective sale sites were transacted, taking the tally for the first half of the year to 32 deals worth $9.689 billion. This is already higher compared to the 26 collective sales worth $8.12 billion registered for the whole of 2017.
This goes to show that the property market is still going strong - With that in mind, look no further if you are considering to purchase a new luxurious unit second to none - Take a look at projects by CDL, including the renowned Gramercy Park. ✨
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Article:
The en bloc market continues to dominate property investment sales in Singapore. Read more at New Launch Connect SIngapore.