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Singapore property investment sales back to pre-Covid levels | Investment Sales Q2 2021

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Investors took a long term view amid more restrictive Covid measures and expect sales to remain strong in the coming quarters, supported by Singapore's safe-haven status, pro-business environment and economic growth.


Report highlights:
  • Total investment sales grew 33% HOH and 171% YOY to SGD9.6 billion in H1 2021.
  • Q2 2021 commercial volumes grew 23.9% QOQ driven by a few major deals. 
  • Residential investment sales jumped 96.4% QOQ driven by a revival of public and private land sales in Q2.
  • Industrial investment sales surged 105% QOQ in Q2 2021, boosted by the privatisation of Soilbuild Business Space REIT and Ascendas REIT's purchase of a 75% stake in Galaxis.
  • Shophouse sales rebounded strongly by 132% QOQ to SGD310 (USD231) million in Q2 2021 after declining 53.6% QOQ in Q1 2021.

Colliers Research reports that investors took a long term view amid more restrictive Covid measures and expect sales to remain strong in the coming quarters, supported by Singapore's safe-haven status, pro-business environment and economic growth.

Download Colliers' quarterly report on the real estate investment sales market in Singapore for Q2 2021 as we examine the latest shifting trends, with expert recommendations and outlook for real estate investors.

Read our press release here


singapore cbd, cbd skyline, investment report, commercial real estate

Singapore property investment sales back to pre-Covid levels | Investment Sales Q2 2021

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Related Experts

Steven Tan

Executive Director

Capital Markets & Investment Services

Singapore

Steven has over 25 years in the real estate business and progressed through various roles in this industry from property management to valuation and auction then into investment sales to leading the  non-institutional capital markets – added to his original role as head of the auction team in Colliers Singapore.

Steven is known to preserve a close relationship with his clientele who are High Net-worth individuals - known in the local as Tow Kay (big boss in local dialect), investors from all walks of life and business partners big and small, making him the leading choice to head the non-institutional capital markets.

Steven was lauded for brokering the first freehold industrial sale in the year 2020 for 190 Macpherson Road at $88m. His other notable and worth-mentioning deals include the collective sale of 2-24 Phoenix Road at $42.6M which was sold above its reserved price and another industrial building (food factory) at 200 Pandan Loop at $56.8M.

Steven also qualified as a licensed appraiser with the Inland Revenue Authority of Singapore, a member of Singapore Institute of Surveyors and Valuers (MSISV) and member of Royal Institute of Chartered Surveyor (MRICS).

 

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Pearl Lok

Director

Capital Markets & Investment Services

Singapore

Pearl has about 15 years of experience in the real estate industry, primarily in the areas of investment sales and advisory, as well as research and consultancy.  

She provides marketing, research and operational support to the team, by conducting research, anlaysis and necessary due diligence, as well as in the planning , preparation of marketing collateral, and execution of marketing campaigns for properties that are put up for sale. She previously facilitated collective sale process from pitch to marketing of sites. 

Prior to assuming the role in Capital Markets, she was in Colliers research department providing  real estate research and advisory services to clients on a number of property markets in Singapore for the investment, industrial and auction sectors. She also contributed to Colliers Singapore’s research publications, including Singapore quarterly market reports, among others.

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LingWei Kong

Senior Director

Capital Markets & Investment Services

Singapore

Lingwei has over thirteen years’ experiencei n the real estate sector and vast market knowledge of both APAC and EMEA markets (Capital& Leasing Markets). LingWei worked in Paris, London and currently in Singapore. 

LingWei  provides strategic investment advisory and brokerage services to clients, focusing on investment-grade properties. She  provide the best  strategic solution and advices to clients so that they can maximise all real estate investment opportunities in Singapore.

Prior to Joinning Colliers Singapore, LingWei works in the JLL  Asia Capital Markets team (based in Singapore) and leads the capital markets Core ClientProgram.Through this program, Lingwei works with wider team to create and share client insights and develop effective account plans.The program covers 35 top regional clientswith combined AUM over US$217bn, clients including Allianz, ARA, Blackstone,Brookfield, Nuveen, PGIM, and others. Lingwei facilitates personalized and intelligent client conversations and ultimately win more business and growing share of wallet with these core clients. Lingwei also look after the Singapore capital who is actively looking for investment opportunities outside the AP region.

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Shirley Wong

Director

Research

Singapore

Shirley carries with her more than 15 years of experience, primarily in real estate and equity research in top-tier investment and private banks, as well as portfolio management in a fund management firm. In her previous roles, her coverage and experience spans across Asia Pacific real estate markets and included all segments of real estate. 

 

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