Singapore’s investment market buzzing in Q2 2009

Singapore

Singapore

Singapore´s investment sales market experienced a surge in activities in the second quarter of 2009 with both the private and public sectors garnering investment sales transactions totalling $1.35 billion, according to Colliers International.

The renewed buzz in the investment market was supported mainly by returned interests following price corrections which eventually broke the logjam of differences in price expectations between buyers and vendors, and a turnaround in market sentiment on the back of improved economic outlook and the ensuing stock market rally.

Colliers notes that the total investments was an increase of almost four times the level tallied in the preceding quarter and the highest level achieved since the third quarter of 2008.

Coutresy of The Straits Times

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