14-06-2013, 02:50 AM
Have been going round feeling the ground these couple of weeks for a few types of property I have a few findings.
1. Commercial(retail shops) is strong. Don't see many signs of weakness.
City-fringe/ Suburbs still highly sought after even though selling/rental prices are crazy. HDB shops are hotter than ever(probably due to the very limited supply).
2. Residential. Slowing. Maybe the inevitable rate hike will bring prices closer to earth.
3. Industrial. Dead. Numerous newly launched projects are struggling to find buyers. Those newly completed ones are struggling to find tenants. Investors now are offering carrots to tenants and willing to let out at insanely low prices. Did a quick calculation and realized that many investor owned units are no longer about making money, it is about managing losses.
4. Office- anyone can comment?
To a certain extent, residential seems more palatable as an investment as one can stay or eventually it be rented out if price is right. Industrial units are damn tricky. Got a friend who runs a business, he wants to rent a unit and is getting all the landlords to outbid each other for lowest rent. Shockingly low rent. Investors are stuck as tenants are harder to come by.
1. Commercial(retail shops) is strong. Don't see many signs of weakness.
City-fringe/ Suburbs still highly sought after even though selling/rental prices are crazy. HDB shops are hotter than ever(probably due to the very limited supply).
2. Residential. Slowing. Maybe the inevitable rate hike will bring prices closer to earth.
3. Industrial. Dead. Numerous newly launched projects are struggling to find buyers. Those newly completed ones are struggling to find tenants. Investors now are offering carrots to tenants and willing to let out at insanely low prices. Did a quick calculation and realized that many investor owned units are no longer about making money, it is about managing losses.
4. Office- anyone can comment?
To a certain extent, residential seems more palatable as an investment as one can stay or eventually it be rented out if price is right. Industrial units are damn tricky. Got a friend who runs a business, he wants to rent a unit and is getting all the landlords to outbid each other for lowest rent. Shockingly low rent. Investors are stuck as tenants are harder to come by.