Friday, September 14, 2012

Property auctions rebounded during Hungry Ghost Month

Total value of properties sold at auction  highest in 3 years.

According to Colliers International, 4 properties with a total sale value of S$10.35 million were sold at property auctions during the Hungry Ghost Month period, which falls between 17 August and 15.

Colliers said that this is the highest sale value recorded in three years, since the financial crisis in 2008/2009 triggered by the collapse of the Lehman Brothers.

Martin Koh | 86666 944 | R020968Z
Sherry Tang | 9844 4400 | R020241C
Senior Sales Director
DTZ Debenham Tie Leung (SEA) Pte Ltd (L3006301G)

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