Property investments plunged 73.4% to $1.7b in Q2 | Agent.sg
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Property investments plunged 73.4% to $1.7b in Q2

Fresh property news selection on September 01. 2020, Tuesday.

Today's news selection contains the latest real estate related stories. Do you own a real estate/property/finance blog or news site? Send the URL to news@agent.sg so our editors can use them as sources.


No transactions in the public sector were recorded during the quarter.

09.01.

This chart from Knight Frank shows that property investment sales in Q2 totalled $1.7b, signifying a 73.4% YoY plunge from $6.4b in Q2 2019. It also marks a 41.4% QoQ crash from $2.9b in Q1, with no transactions recorded in the public sector.

Whilst general activity in the real estate market was muted, the presence of several big-ticket commercial deals bolstered investment sales in the second quarter totalling $1.4b.

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