The Singapore property auction deals more than doubled in the third quarter to S$27.6 million.
The Singapore property auction market saw S$27.6 million of deals in the third quarter of the year, more than double the S$10 million seen in the second quarter though slightly below the S$31.7 million seen a year ago.
Property consultant JLL said in a press release that there were 10 sales closed in the third quarter, up from five in the previous quarter, and on par with 10 deals done a year ago.
Seven out of the 10 sales in the third quarter were residential properties worth S$13.6 million.
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