Real Estate Investments
Last year investment in real estate for property use shot up over 100% in the final quarter of the year. This equated to $360 million, which is up from hundred and $56 million in Q 3. So the naysayers in the Singapore property investment arena are once again proven wrong.
There were some big winners Blackstone acquired 18 units at Patterson suites for an estimated $83 million.
48 units were sold at treasure on Baltimoral for $185 million by the Haip Hoe Holding Company.
The biggest winners however, were the Chinese whose developers went aggressively after government land sales in this Bukit Batok EC last quarter of 2014.
Real Estate Investments Bellewoods
Some other interesting events for Bellewoods then added spice to the market was Nan Shan Group Singapore was awarded a private residential site license near upper Thomson Road at $173.6 million, while NEC (executive condominium) development was awarded …
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