Property investment sales to grow by 15% to 20% for whole of 2022

This despite a 36.9% decline in sales value in Q2.

Despite an overall decline in sales in Q2, Colliers said the market will still likely register a 15.0% YoY growth for 2022 to reach a transaction value of $32.6b. 

“On a year-to-date performance, total investment value was S$17.7b for the first half of 2022,” Colliers explained.

The H1 figures reflect “improving demand and growing investor confidence,” added Colliers.

“Despite the geopolitical headwinds and external uncertainties that continue to plague the economy, Singapore’s safe haven status, as well as investors’ confidence in Singapore as a competitive and attractive business destination will continue to lend support to the market,” Colliers said.

Based on data from Colliers, sales value fell by 36.9% QoQ to $6.8b in Q2 from $10.6b in Q1.

The sales value of most sectors also took a dive in Q2, with the commercial segment posting the highest decline (-58.0% QoQ to $2.08b).

This is because mega deals for the sector were concluded in Q1, Colliers said.

“Q2 volumes were supported by the office sales of Comcentre and Westgate Tower, as one or two bigger deals rolled over into Q3,” Colliers added.

Residential and industrial sales likewise declined during Q2, dropping 17.6% QoQ to $2.54b and 29.0% QoQ to $239m, respectively.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

SIT, DNV ink 3-year partnership on maritime decarbonization and digitalization
The parties will cooperate in three key areas.   The Singapore Institute of Technology (SIT) has joined hands with a maritime advisor, DNV, to advance net-zero ambitions in the Lion City’s maritime sector.


Where to invest your millions in real estate
Amongst locations, realtors suggest the Core Central Region.   Individuals seeking shelter in the real estate market amidst the rising inflation must consider three things before deciding where to invest their millions in.   George Tan, managing director of Savills Digital Residential Marketing, said one of these factors is location.    Tan said buyers should consider areas which are highly demanded and well located—easy access to prestigious or international schools, MRT, malls and food and beverage (F&B) establishments. All these will contribute to good rental demand.   PropNex realtor, Andy Lim, echoed this, adding that buyers should particularly invest in properties within one kilometre of the prestigious schools.