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Days of making a 'quick buck' from property are over: Analyst
An honorable member of the Coffee Shop Has Just Posted the Following:
SINGAPORE — Although still a good hedge against inflation, the days of making a quick buck from property are over, declared a senior property analyst on Tuesday (July 17). With the Government’s latest cooling measures, owners attempting a collective sale will have to reduce their asking price to seal the deal as the cost of land acquisition has increased significantly for developers, said JLL’s head of research and consultancy Tay Huey Ying at an industry seminar organised by the Real... Days of making a 'quick buck' from property are over: Analyst Click here to view the whole thread at www.sammyboy.com. |
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