Latest Market News

Collective sales set to take off again

Friday 12 February 2010

As many as 50 collective sales may be launched this year, though less than half of these could translate into actual deals before year-end, say property agents polled by BT.

A study by property consultant Credo Real Estate has listed a total of 34 possible properties that could be tendered for collective sale in 2010. Eighteen of the 34 developments are either in District 10 or 15.

'These are among the larger high-density private residential districts that enjoy healthy demand for new homes and hence land for residential development,' says Credo's managing director Karamjit Singh.

Source: The Business Times