Leave a Comment:
1 comment
Natural symptoms of property bull market. Many companies in previous decades also went into property development during the boom times in the 1980s and mid-1990s, such as SPH and Popular. During the previous asset-boom in the mid-2000s, SMRT also ventured into retail property.
At individual level, I see more & more foreigners agitating to get their PRs as fast as possible, in order to become part-time property agents. They are mostly S-Pass and E-Pass foreign workers who leverage on their home networks and foreign colleagues and acquaintances who need to turnover rentals frequently and/or those looking to buy resale HDB or condo.
Reply