Land sales update

In other real estate news, the Cornerstone Valuation Guam Inc. database shows that land sales in 2017 outpaced 2016 in number of transactions, but not in sales volume or total land area.

The spike in land sales volume in 2016 includes the sale of land next to the Hyatt Regency Guam for $34 million; Pago Bay oceanfront property for $23 million; Windward Hills golf course for $8.5 million; former Texas A&M land for $7 million; former federal excess land along Route 8 in Tiyan for $6.1 million; and Fai Fai Beach for $5 million.

The same . . .

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