Knight Frank said the number of owner listings exceeded mortgagee listings for the eighth consecutive quarter.
“Whilst the auction platform continued to appeal to owners in order to garner more interest in their properties, some owner listings could have arisen out of distress, where in certain cases financial institutions might encourage owners to dispose of these assets before repossession proceedings are initiated,” Knight Fra said.The segment’s 1Q24 figure was higher than the 26 and 12 recorded in the previous quarter and year, respectively.
Office and industrial owner listings numbered seven and 13, respectively, in 1Q24, translating to a decline from the nine and 15 listings in 4Q24. Meanwhile, retail owner listings remained unchanged from the previous quarter with 15....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.Startup future-proofs coffee with bean-free alternative amidst climate crisisColliers transforms Singapore office into regional powerhouse1.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Industrial space rentals climb 1.7% QoQ in 1Q24pstrongYear-on-year, it rose 7.8%./strong/p pThe rental index of all industrial space rose 1.7% QoQ and 7.8% YoY in 1Q24, data from JTC showed./p pAll industrial assets also reported a rental index increase, led by multiple-user factories, which saw an 8.9% YoY increase.
Source: SBRMagazine - 🏆 13. / 51 Read more »
Auction listings drop 9.1% QoQ in 1Q24pstrongThere were 90 listings in the first quarter of 2024./strong/p pThe first quarter of 2024 saw 90 auction listings, a 9.1% QoQ drop. Year-on-year, however, auction listings climbed 16.9%./p pThe 1Q24 figure includes repeat listings but excludes properties sold outside of auctions.
Source: SBRMagazine - 🏆 13. / 51 Read more »
Mortgagee listings fall 29% QoQ to 22 in 1Q24pstrongThe residential sector accounted for the majority of the listings/strong/p pMortgagee listings dropped 29.0% to 22 in 1Q24, data from Knight Frank showed. Year-on-year, listings fell by two.
Source: SBRMagazine - 🏆 13. / 51 Read more »
Anti-money laundering bust affects shophouse salespstrongIn 1Q24, shophouse deals rose 31% QoQ but fell 34% YoY./strong/p pThe shophouse market expanded by 31% QoQ but declined by 34% YoY in 1Q24, PropNex reported.
Source: SBRMagazine - 🏆 13. / 51 Read more »
Investment volume drops 34.7% YoY to $4b in 1Q24pstrongGLS tenders played a significant role in the investment volume./strong/p pInvestment volume hit fell 34.7% YoY to $4.0b in 1Q24, Colliers reported./p pThe investment volume also fell across segments, with the commercial sector posting the largest decline of 52.7% QoQ.
Source: SBRMagazine - 🏆 13. / 51 Read more »
Keppel's net profit rises in 1Q24, fueled by key sectorspstrongWith legacy offshore and marine assets factored in, net profit dipped YoY./strong/p pKeppel's infrastructure and connectivity segments drove 1Q24 net profit up year-on-year./p pHowever, the company's net profit dipped YoY when factoring in legacy offshore and marine assets./p pIn 1Q24, Keppel reported lower revenue of $1.
Source: SBRMagazine - 🏆 13. / 51 Read more »