Government land will dominate 2Q12 investment sales

Private sector transactions should take a backseat until 3Q12 when macroeconomic concerns are less pronounced.

In a new sales and investment report, Savills Singapore said that investment transactions in 1Q12 registered just S$3.98 billion, or 48.4% lower from the previous quarter's S$7.72 billion. This weaker performance that should carry over to 2Q12 with the exception of surging GLS tenders.

Here's more from Savills Singapore:

The investment sales market is expected to remain quiet in the near term as caution reigns amid macroeconomic uncertainties. In addition, although there is ample liquidity and demand in the market, there remains a mismatch between the expectations of buyers and sellers. The next quarter is likely to be dominated by sales from the GLS Programme. Should concerns over the macro-economy begin to fade and the ‘bid-ask’ gap narrows, the second half of 2012 could see a resurgence of transactions in the private sector.

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.


The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.


So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.