COMMERCIAL PROPERTY | Staff Reporter, Singapore

Chart of the Day: Public commercial deals beat private deals in Q4

The public sale of Beach Road for $1.62b boosted the total.

This chart from Colliers International shows that public land sales boosted total commercial investment sales to $3.1b in Q4.

Out of $3.1b, public land sales approached $1.7b, whilst private land sales approached $1.4b.

The government land sale (GLS) of Beach Road for $1.62b to Guocoland and Guoco Group topped the major deals in the quarter.

The total commercial investment sales grew 9.8% QoQ to $3.1b. However, on a yearly basis, the transactions were 32% lower.

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