A SMALL site in Jurong West that was withdrawn from sale 21 months ago because bids were too low attracted a record 32 offers and a bumper price yesterday after going back onto the market.
The winning bid for the government plot came in at $38.5 million or $254 per sq ft – more than three [...]
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 [...]
