I was quite surprised at such bullish news. But bullish news is good at least for most of Asia, we can still expect foreign investment funds to continue to flow into our markets and provide strong support in the long term. The ongoing credit crisis in the US and Europe has put pressure on a [...]
Archive for June, 2008
Surprise support for flagging sales
Posted by Agent Tay on June 17th, 2008
Singapore’s Real Estate Market received a leg-up, according to figures of sales of new homes jumped to 441 units in May from 284 in April. An increase by 55%, an impressive jump. There’s much to cheer about given the lack lustre sales performance in H1 2008. It goes to show that a slight discount seems [...]
Buyer & Developer FaceOff
Posted by Agent Tay on June 12th, 2008
The property market has been moving sideways for most of H1 2008, with developers not wanting to back down from their premium pricing of their newly launched developments. With exception of the luxury homes, which at the top-end of the property market is still selling at ultra-premium prices, most of those in the secondary property [...]
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