Chart of the Day: Singapore's 3Q property investment sales hit all-time high
It lapped up $14.15b worth of properties.
According to Colliers International, Singapore’s property investment sales market sped ahead at top gear to reach an all-time high in 3Q 2013.
Driven by the successful initial public offerings (IPOs) of three real estate investment trusts (REITs) and the sale of two State land parcels designated for higher-value use, Singapore’s investment sales market lapped up an impressive $14.15 billion worth of properties in the July to September 2013 period.