{"id":111686,"date":"2019-10-18T11:12:43","date_gmt":"2019-10-18T04:12:43","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/residential-investment-sales-surge-90-1-in-q3\/"},"modified":"2019-10-18T12:02:47","modified_gmt":"2019-10-18T05:02:47","slug":"residential-investment-sales-surge-90-1-in-q3","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/residential-investment-sales-surge-90-1-in-q3\/","title":{"rendered":"Residential investment sales surge 90.1% in Q3"},"content":{"rendered":"


\nHowever, residential investment sales for this year is expected to fall 55 percent from last year\u2019s record level, due to a weaker en bloc market.\u00a0
\nSingapore saw residential investment sales increase 90.1 percent quarter-on-quarter and 4.7 percent year-on-year to $3.1 billion in the third quarter of 2019, revealed a Colliers International report.
\nThis brings the overall volume for the first nine months of the year to $5.8 billion.
\nPublic land sales accounted for the bulk of the sales at 62 percent, as four sites \u2013 Tan Quee Lan Street, Clementi Avenue 1, one-north Gateway and Bernam Street \u2013 valued at a combined $1.9 billion were awarded to developers.
\nThe residential investment volume was also boosted by luxury home sales, which include good class bungalows (GCBs).
\nTransactions for this segment rose 62.4 percent quarter-on-quarter and 53.8 percent year-on-year to $1.1 billion in Q3.
\nNotable deals in included James Dyson\u2019s acquisition of a super penthouse and a GCB for over $100 million.
\nBut given the weaker en bloc sale market, residential investment sales for this year is expected to fall 55 percent from last year\u2019s record level, before rebounding from 2020 onwards.
\nThe report noted that Singapore real estate remained resilient despite the heightened global uncertainties and macroeconomic headwinds.
\nIn fact, real estate investment sales in the city-state soared 53.7 percent quarter-on-quarter to $11.2 billion in Q3.
\n\u201cAmid unprecedented levels of uncertainty in the global environment, Singapore remains firmly on investors\u2019 radar owing to its growth potential, stable government, and pro-business policies,\u201d said Tricia Song, head of research for Singapore at Colliers International.
\nWith this, Song expects total investment sales for the whole of 2019 to hit $33.8 billion, which is on par with that of 2018.
\nHome buyers looking for\u00a0Singapore Properties\u00a0may like to visit our\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.\u00a0 Also\u00a0read more about\u00a0the hottest areas to live in with PropertyGuru\u2019s AreaInsider
\n\u00a0
\nVictor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0victorkang@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Residential investment sales surge 90.1% in Q3<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

However, residential investment sales for this year is expected to fall 55 percent from last...<\/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-111686","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-t3o","jetpack-related-posts":[{"id":109516,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/real-estate-investment-sales-up-56-in-q2\/","url_meta":{"origin":111686,"position":0},"title":"Real estate investment sales up 56% in Q2","date":"July 31, 2019","format":false,"excerpt":"\r After three straight quarters of declines, real estate investment sales in Singapore registered its first quarter-on-quarter increase in the second quarter of 2019, revealed a Colliers International report. Total investment sales rose 56 percent quarter-on-quarter to $8.2 billion in Q2 2019, mainly driven by the residential and commercial sectors,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120012,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-residential-investment-volume-doubles-in-q4-2020\/","url_meta":{"origin":111686,"position":1},"title":"Singapore residential investment volume doubles in Q4 2020","date":"January 15, 2021","format":false,"excerpt":"\r Singapore residential investment volume doubles in Q4 2020Singapore\u2019s full-year property investment\u00a0tally stood at $23.7 billion in 2020, revealed a Cushman & Wakefield report. Singapore saw total property investment volume for the fourth quarter of 2020 hit $3.33 billion, while the full-year investment tally stood at $23.7 billion, revealed a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/01\/singapore-prime-districts-1.jpg?fit=810%2C421&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":115604,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/residential-sector-dominates-investment-sales-in-q1-2020\/","url_meta":{"origin":111686,"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":111686,"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":106165,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-investment-sales-drop-in-q1\/","url_meta":{"origin":111686,"position":4},"title":"Property investment sales drop in Q1","date":"April 17, 2019","format":false,"excerpt":"\r The residential sector saw a drop in investment sales due to less activity in the good class bungalow and collective sales markets. Singapore 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95997,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/residential-investment-sales-expected-to-slow-down-in-second-half\/","url_meta":{"origin":111686,"position":5},"title":"Residential investment sales expected to slow down in second half","date":"August 14, 2018","format":false,"excerpt":"\r Overall real estate investment sales in Singapore rose 11 percent quarter-on-quarter and 19 percent year-on-year to $12.2 billion in Q2 2018, driven mainly by the residential sector, which accounted for 67 percent of the overall transactions, according to a new report from Colliers International. The largest transaction was the\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\/111686"}],"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=111686"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/111686\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=111686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=111686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=111686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}