Property agents hit by weak market, new rules

[chialc88]

Property agents hit by weak market, new rules - ST by Melissa Tan

There were 31,783 agents registered with the CEA.

Chris International director Chris Koh estimated a "good half" of those work part-time or are inactive.
"We don't see more than 15,000 agent advertise aggressively," he said.

ECG agency head Jonny Loy said his firm had opted to shift it's attention to overseas properties.
"We are going to international cities.
People still need to park their funds somewhere."

*** Property curbs and DNC


A Life not Reflected is a Life not Worth Living.

[pianist]

if local funds are/start moving to overseas cities, will it make sg as a financial hub paler?

[chialc88]

Definitely...
Having says that what's the point of being a financial hub that serve only Singapore?


A Life not Reflected is a Life not Worth Living.

[corydorus]

Exactly. The key is to serve others.
Going to other nation markets while creating local jobs. Eating your lunch on your own kinds or younger generation currently is really bad.