Singapore Property Investment Grew 48% in 2021 Q1
Mingtiandi Username OUE Bayfront on Collyer Quay After a sharp rebound in the first quarter of 2021, Singapore’s property investment volume is set to recapture pre-COVID levels in the coming periods, according to research by Colliers. The global consultancy said total investment sales in the first quarter rose 25.8 percent from the previous quarter and 47.9 percent from a year earlier to S$3.8 billion ($2.9 billion) as sentiment improved amid the reopening of the city-state’s economy. In the commercial segment, investment sales surged 377 percent from the previous quarter and 43.8 percent...