SINGAPORE (Mar 26): Although market watchers have raised concerns that the collective sale momentum is slowing, Tan Hong Boon, regional director at JLL and a collective sale veteran, is confident that the current collective sale cycle will continue through 2018. “If you look at historical trends, there are usually six to eight quarters of active land buying in each collective sale cycle,” he says. Tan was one of the speakers at the EdgeProp 360 seminar held at Capital Tower on March 15. “We are about five quarters into this cycle, which means there are three quarters to go,” he adds (see chart).

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