{"id":95997,"date":"2018-08-14T12:44:38","date_gmt":"2018-08-14T05:44:38","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/residential-investment-sales-expected-to-slow-down-in-second-half\/"},"modified":"2018-08-14T13:03:26","modified_gmt":"2018-08-14T06:03:26","slug":"residential-investment-sales-expected-to-slow-down-in-second-half","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/residential-investment-sales-expected-to-slow-down-in-second-half\/","title":{"rendered":"Residential investment sales expected to slow down in second half"},"content":{"rendered":"


\nOverall 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.
\nThe largest transaction was the $906.9 million en bloc sale of Tulip Garden, followed by CapitaLand Commercial Trust\u2019s $516 million divestment of the Twenty Anson office building.Completing the top five are the collective sales of Dunearn Gardens ($468 million), Chancery Court ($401.8 million) and Park House ($375.5 million).
\nIn fact, four out of the five biggest deals here during the period comprised collective sales of residential developments, while one involved an office building. Property investment sales are deals worth at least $5 million.
\nColliers noted that residential investment sales jumped 60.7 percent to $8.2 billion on an annual basis thanks to strong en bloc activity, with collective sales contributing almost half of the investment sale volume in the second quarter. Consequently, residential investment sales in 1H 2018 reached $17.3 billion, or the highest half-year figure on record.
\nIn Q2, there were 16 residential en bloc sales collectively worth $3.9 billion, pushing the half-year tally to 33 transactions with a combined worth of $9.7 billion, which surpasses the total collective sales for the whole of 2017 by 19 percent.
\nHowever, Colliers International\u2019s research head for Singapore Tricia Song expects a slowdown in the residential en bloc market in the near-term due to the new property curbs, which has raised taxes for investors and property developers in the private residential segment.
\n\u201cCommercial and industrial real estate could pick up the slack in the second half of the year, on the back of healthy commercial properties deal pipelines and rising interest from real estate investment trusts (REITs) and institutional investors for industrial assets,\u201d she explained.
\nDespite the forecasted slowdown in the private residential market, including the en bloc segment, the consultancy thinks that overall property investment sales for the whole of 2018 would match last year\u2019s record $40 billion.
\nBut this forecast is a downgrade from a prior projection that had anticipated a 15 percent annual increase in investment sale to $46 billion before the implementation of the new property cooling measures.
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Residential investment sales expected to slow down in second half<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Overall real estate investment sales in Singapore rose 11 percent quarter-on-quarter and 19 percent year-on-year...<\/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-95997","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-oYl","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":95997,"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":113989,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/residential-investment-sales-plunged-70-in-q4-2019\/","url_meta":{"origin":95997,"position":1},"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":79198,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/residential-investment-sales-soared-in-2017\/","url_meta":{"origin":95997,"position":2},"title":"Residential investment sales soared in 2017","date":"February 7, 2018","format":false,"excerpt":"\r Singapore investment sales surged by 119 percent to $21.7 billion for the whole of 2017. Residential investment sales in Singapore rose sharply by 184 percent year-on-year to $8.3 billion last quarter and surged by 119 percent to $21.7 billion for the whole of 2017, according to a new report\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100494,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/residential-investment-sales-plunge-63-in-q3\/","url_meta":{"origin":95997,"position":3},"title":"Residential investment sales plunge 63% in Q3","date":"October 25, 2018","format":false,"excerpt":"\r Investment sales in the residential sector plunged to $2.2 billion due to a lackluster en bloc market. Overall property investment sales in Singapore declined from nearly $10 billion in the previous quarter to $6.5 billion in Q3 2018 following the introduction of new property cooling measures in July, according\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":95997,"position":4},"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":106165,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-investment-sales-drop-in-q1\/","url_meta":{"origin":95997,"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\/95997"}],"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=95997"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/95997\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=95997"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=95997"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=95997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}