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Flush with dollars from a huge trade surplus, the Chinese sovereign wealth fund is beginning to test the waters in New York real estate
Archive for June, 2008
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Office rents still expected to go up
Posted by Agent Tay on June 26th, 2008
There doesn’t seem to be any letting up on the space crunch for office space, especially Prime Grade A office space in Singapore. Given that it is expected to continue to climb 10% if not more for the rest of the year and probably into the early part of 2009. Given such news, I’m not [...]
Talk is cheap – Show Me The Money!
Posted by Agent Tay on June 20th, 2008
Agent Khoo has been speaking at lengths about how bullish the real estate market is. It may seem overrated to many people but it isn’t. The chinese adage of “羊毛生在羊身上” the increased cost of construction has made costs of property higher; which means to say that the increased development cost will be passed on to [...]
