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Judging by the sentiments in recent Auctions. Residential & Industrial sectors are generally dead.
It is a fact in the market now that landlords(residential+Industrial) are forced to lower rent as they vie for tenants. So the single whammy of increased supply is hitting the landlords. Going forward 2015-16, we are likely to see more completed units and a possibility of a interest rate increase. Dark days ahead.
What remains scorching hot right now are HDB shophouses. Rightly so as the number of HDB shops have decreased even as the population increased at a rapid pace the last couple of years. Sadly, I do not own any HDB shops, otherwise I would be a very happy man.
It is a fact in the market now that landlords(residential+Industrial) are forced to lower rent as they vie for tenants. So the single whammy of increased supply is hitting the landlords. Going forward 2015-16, we are likely to see more completed units and a possibility of a interest rate increase. Dark days ahead.
What remains scorching hot right now are HDB shophouses. Rightly so as the number of HDB shops have decreased even as the population increased at a rapid pace the last couple of years. Sadly, I do not own any HDB shops, otherwise I would be a very happy man.