Daily Briefing: Residential investment sales surge over 100% in Q4; Buyers snapped up 31 Marine Blue units

And controversial Forest City project approved.

Residential property investments in Singapore shot up 102 percent to $316 million in Q4 2014 from $156 million during the previous quarter, according to a DTZ report. View more here.

CapitaLand found buyers for 31 of the 50 condos initially released for its Marine Blue freehold project, including a one-bedroom-plus-study, two-bedders and a penthouse. View more here.

Malaysia's Department of Environment (DOE) has given the developer of the Forest City project in Johor the green light to go-ahead with the reclamation and construction of its RM600 billion (S$222 billion) project, reported the media. View more here

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