2025 forecast for total investment sales to be $23B - Savills Singapore
Jeremy Lake, Managing Director, Investment Sales & Capital Markets, Savills Singapore says, “The volume of private investment sales was lower than expected in 2024 due to a price gap, we expect this to narrow in 2025.
Savills facilitated the largest commercial property transaction of 2024
Cheung Kei Centre located at 18 Hung Luen Road, Hung Hom, sold by Savills for approximately HKD 2.65 billion, marking the largest commercial property transaction in the market for 2024.
Savills triumph across Asia Pacific with $8.8bn worth of sales amidst pandemic
Paul Craig, CEO of Savills Australia and New Zealand said this overall achievement is a true testament to the strength and resilience of the entire Savills Asia Pacific business.
Serviced apartments expected to launch this year will put pressure on city-wide absorption -Shenzhen China
Shenzhen regulatory policies released in 2016 continue to put pressure on both transaction volume and prices in the primary market, while secondary market transaction volume also continues to decline.
