Auction Market Update Q3 2024
More MCST sales at auctions
02 January 2025
Key Highlights
- Compared to a year ago when no properties were listed as an MCST sale, there were four MCST sale listings recorded in the first nine months of 2024, a rare sight as there were more non-residential than residential property MCST listings.
- Against the run in expectations, mortgagee listings eased despite the prevailing credit stress on underperforming properties given the high interest rates.
- Despite the fall in industrial owner listings, these assets continued to be highly sought after, especially the freehold ones, as owners can purchase with options either for own-use or for investment, or a combination of both.
Read full report here.
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Residential Market Update Q3 2024
