{"id":94033,"date":"2018-07-17T10:38:16","date_gmt":"2018-07-17T03:38:16","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-real-estate-investment-market-active-in-q2-colliers\/"},"modified":"2018-07-17T18:03:07","modified_gmt":"2018-07-17T11:03:07","slug":"singapore-real-estate-investment-market-active-in-q2-colliers","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-real-estate-investment-market-active-in-q2-colliers\/","title":{"rendered":"Singapore real estate investment market active in Q2: Colliers"},"content":{"rendered":"


\nSingapore\u2019s property investment market was active in the second quarter, with residential sites offered under the Government Land Sales (GLS) programme and existing private condominiums launched for collective sales by unit owners attracting robust demand from both local and foreign developers, according to a new report from Colliers International.
\nIn fact, the biggest en bloc deal in Q2 2018 was the $906.89 million ($1,790 psf ppr) sale of Tulip Garden to China\u2019s Yanlord Land Group and Hongkong Land Holdings\u2019 unit MCL Land. This is also the city-state\u2019s second largest collective sale by total value so far this year after the $980 million transaction for Pacific Mansion in March.
\n\u201cA consortium led by Far East Organization was awarded a prime leasehold commercial and residential site in Holland Road under a dual envelope (Concept and Price) tender launched by the government, with a winning bid of $1.213 billion ($1,888 psf ppr),\u201d said Colliers managing director Tang Wei Leng.
\nAside from that, a partnership between UOL Venture Investments, UIC Homes and Kheng Leong Company (Private) Ltd emerged as the sole bidder for a 99-year leasehold residential site with commercial use in the first floor. The consortium committed to pay $1.035 billion ($1,138 psf ppr) for the 22,851.6 sq m site in Silat Avenue that can potentially contain 1,125 units.
\nMeanwhile, Colliers International revealed that overseas real estate investors continue to explore Indonesia for joint development opportunities in Q2 2018, with most investors continuing to come from Japan, Mainland China and Singapore.
\nAside from that, the successful North Korea\u2013United States summit at the six-star Capella Hotel on Sentosa Island is expected to prompt foreign investors to compete more aggressively for prime properties in South Korea, given the possibility of achieving peace with North Korea despite the many issues yet to be resolved during the summit.
\n\u00a0
\nSenior Content Producer, Christopher Chitty, edited this story
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Singapore real estate investment market active in Q2: Colliers<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Singapore\u2019s property investment market was active in the second quarter, with residential sites offered under...<\/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-94033","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-osF","jetpack-related-posts":[{"id":95997,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/residential-investment-sales-expected-to-slow-down-in-second-half\/","url_meta":{"origin":94033,"position":0},"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":[]},{"id":109516,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/real-estate-investment-sales-up-56-in-q2\/","url_meta":{"origin":94033,"position":1},"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":122703,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-investments-sales-up-6-9-in-q3\/","url_meta":{"origin":94033,"position":2},"title":"Property investments sales up 6.9% in Q3","date":"October 20, 2021","format":false,"excerpt":"\r Property investments sales were at $7.5 billion in Q3 2021, a 79% year-on-year increase. Singapore\u2019s real estate investment sales increased 6.9% quarter-on-quarter and 79% year-on-year to $7.5 billion in the third quarter of 2021, on the back of higher Government Land Sales (GLS), revealed Colliers International. Mixed-use transactions surged\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/10\/singapore-city.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":94033,"position":3},"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":113989,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/residential-investment-sales-plunged-70-in-q4-2019\/","url_meta":{"origin":94033,"position":4},"title":"Residential investment sales plunged 70% in Q4 2019","date":"January 31, 2020","format":false,"excerpt":"\r Singapore saw investment sales for residential properties drop 70% quarter-on-quarter to $929 million during the fourth quarter of 2019, due to the lack of sizable public land sales. For the whole of 2019, residential investment sales fell 63% year-on-year to $6.8 billion, revealed Colliers International. Despite the decline, Colliers\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106165,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-investment-sales-drop-in-q1\/","url_meta":{"origin":94033,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/94033"}],"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=94033"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/94033\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=94033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=94033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=94033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}