{"id":106165,"date":"2019-04-17T12:58:30","date_gmt":"2019-04-17T05:58:30","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-investment-sales-drop-in-q1\/"},"modified":"2019-04-17T13:02:52","modified_gmt":"2019-04-17T06:02:52","slug":"property-investment-sales-drop-in-q1","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-investment-sales-drop-in-q1\/","title":{"rendered":"Property investment sales drop in Q1"},"content":{"rendered":"


\nThe residential sector saw a drop in investment sales due to less activity in the good class bungalow and collective sales markets.
\nSingapore saw real estate investment sales fall 21 percent quarter-on-quarter and 52 percent year-on-year to $5.3 billion during the first quarter of 2019, reported Singapore Business Review citing a Colliers International research report.
\nThe residential sector made up 32 percent of total investment sales for Q1 2019 at $1.7 billion. The figure is down 82 percent year-on-year as all sub-segments, including good class bungalows and collective sales witnessed declines.
\nSEE ALSO:\u00a0Property Investment Sales To Hit $46 Billion In 2018
\nOn a quarterly basis, residential investment sales jumped 48.2 percent on the back of healthy public land sales. The report noted that two residential Government Land Sales (GLS) sites at Kampong Java Road and Tampines Avenue 10 were among the top five biggest transactions in Q1 2019.
\nDespite the slow private residential investment sales, Colliers expects volumes to pick up by the middle of the year, possibly witnessing more activity within the en bloc sale market by the end of 2019 as sentiment improves.
\nMeanwhile, Colliers also revealed that four of the five biggest transactions were GLS deals.
\n\u201cPublic land sales booked a bumper quarter, surging 17-fold quarter-on-quarter and 32 percent year-on-year to $2.1 billion. They accounted for 40 percent of total investment sales in Q1 2019,\u201d it added.
\nFor the whole of 2019, Colliers expects total investment sales volume to hit $38 billion, which is on par with the level seen last year.
\nHome buyers looking for\u00a0Singapore Properties\u00a0may like to visit our\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Property investment sales drop in Q1<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The residential sector saw a drop in investment sales due to less activity in the...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-106165","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-rCl","jetpack-related-posts":[{"id":84146,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/strongest-first-quarter-on-record-for-singapore-investment-sales\/","url_meta":{"origin":106165,"position":0},"title":"Strongest first quarter on record for Singapore investment sales","date":"March 29, 2018","format":false,"excerpt":"\r Residential collective sales dominate with $5.83 billion worth of deals. Property investment sales in Singapore saw its best ever first quarter, reaching a staggering $10.84 billion in Q1 2018, according to preliminary figures from JLL. This is up a significant 95.2 percent from the $5.55 billion recorded in the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":51196,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investment-property-sales-down-38-5-in-q1\/","url_meta":{"origin":106165,"position":1},"title":"Investment property sales down 38.5% in Q1","date":"April 7, 2017","format":false,"excerpt":"\r Several bulk residential sales were recorded in Q1 2017 as some foreign developers tried to offload their remaining unsold units to avoid paying hefty penalties. Singapore saw sales of investment properties, or big-ticket property transactions of at least $10 million, drop 38.5 percent to $5.2 billion in Q1 2017,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115604,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/residential-sector-dominates-investment-sales-in-q1-2020\/","url_meta":{"origin":106165,"position":2},"title":"Residential sector dominates investment sales in Q1 2020","date":"April 14, 2020","format":false,"excerpt":"\r Cushman & Wakefield attributed the surge in volume to the award of various residential Government Land Sales sites in Q1 2020.\u00a0 Singapore saw property investment volume remain muted in the first quarter of 2020 at $3.02 billion, down 37% from the previous quarter, revealed Cushman & Wakefield. The residential\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120518,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/residential-sector-dominates-investment-sales-for-q2-2021\/","url_meta":{"origin":106165,"position":3},"title":"Residential sector dominates investment sales for Q2 2021","date":"July 14, 2021","format":false,"excerpt":"\r 7,267 units in the residential sector changed hands in Q2 2021. The residential sector accounted for 56% of the total property investment sales at $3 billion. Property investment sales in Singapore increased 15.4% quarter-on-quarter to $5.48 billion in the second quarter of 2021, with the residential sector accounting for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/07\/HDB-flats-in-Ghim-Moh.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":87283,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-investment-sales-to-hit-46-billion-in-2018\/","url_meta":{"origin":106165,"position":4},"title":"Property investment sales to hit $46 billion in 2018","date":"May 7, 2018","format":false,"excerpt":"\r \u00a0 Real estate investment sales in Singapore is expected to grow 15 percent year-on-year to $46 billion in 2018, and climb a further 5.0 to 10 percent in 2019, according to a Colliers International report. In the first quarter of 2018, total property investment sales surged 89 percent to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115634,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-investment-sales-to-grow-5-per-annum-in-2019-2024\/","url_meta":{"origin":106165,"position":5},"title":"Singapore investment sales to grow 5% per annum in 2019-2024","date":"April 15, 2020","format":false,"excerpt":"\r Property investment sales in Singapore is projected to grow 5% per year in the longer term over 2019 to 2024 even as this year\u2019s sales is expected to drop 24% year-on-year, revealed a Colliers International report. The Ministry of Trade and Industry\u2019s (MTI) advance estimates showed that the city-state\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/106165"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=106165"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/106165\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=106165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=106165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=106165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}