_Investment Market Update Q3 2024
Fortune favours the brave with the start of rate cuts
December 11, 2024
Key Highlights
- The biggest surge in sales activity was in the industrial sector as total sales value skyrocketed 567.6% q-o-q and 426.6% y-o-y to S$2.5 billion.
- With GLS sites being a direct competitor of collective sales, some evidence of easing land prices currently have GLS presenting a better opportunity for developers.
- Investment sales momentum is expected to improve in the coming months with the annual total projected to fall within Knight Frank’s S$23 billion to S$25 billion target.
Read full report here.
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Industrial and Logistics Market Update Q3 2024