SINGAPORE (EDGEPROP) - Investors swooped in on Singapore’s office and hospitality assets this year as residential investment deals came off a high following the government’s property cooling measures in July last year.
According to Colliers International, investment deals above $10 million were led by the commercial sector this year, pulling in close to $11.34 billion worth of deals based on preliminary figures as of end November. This also represents 39% of the total volume of investment transactions recorded in the 11 months of the year.