S’pore slips in property investment rankings

Singapore’s property market is looking relatively less attractive to investors as they worry about oversupply and overdevelopment on the island.

According to a joint survey by PricewaterhouseCoopers (PwC) and the US-based Urban Land Institute (ULI), Singapore is fifth in a ranking of Asia-Pacific cities’ property investment prospects, falling three notches from a year ago. In another [...]

Property investment sales tipped to climb again

Analysts expect 2010 to be better, with investment sales of $15-$20b

After a slow start in the first quarter, investment sales of Singapore real estate gathered pace, with a year-to-date tally of about $9.4 billion, although CB Richard Ellis estimates the full-year figure will come in just above $10 billion when all the caveats for transactions [...]