Non-Landed Private Rents decrease by 0.3%, HDB Rents decrease by 0.5% in November 2017

Source: SRX property

(Source: SRX Property. Dec 13, 2017) Private non-landed home rentals declined by 0.3% from October 2017 to November 2017. Year-on-year, rentals declined by 1.2% from November 2016 to November 2017.

 In the HDB rental market, rentals fell by 0.5% from October 2017 to November 2017. Year-on-year, rentals decreased by 2.9% from November 2016 to November 2016.

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London’s Loss May Be Asia’s Gain As Property Funds Seek Safe Havens

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(Source: The Straits Times, 28 June 2016)  With the UK’s vote to leave the European Union, London may have shed its safe-haven property market tag to the benefit of real estate markets in Asia that offer greater stability. Britain’s exit from the EU has wiped almost US$4 trillion off the value of global equities, causing investors to sell riskier assets in fears of trade snarls and political disruptions. (more…)

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Asian Companies More Optimistic In Second Quarter: Thomson Reuters/Insead Survey

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(Source: The Straits Times, June 22 2016)  According to a survey, general market sentiments by Asia’s largest companies was at its highest of the year in the second quarter, helped by signs that China’s economy appears to be slowly stabilizing. Increased optimism was seen throughout ASEAN, with the Business Sentiment Index in Singapore reaching a two-year high at 63 from the previously recorded 50, while Malaysia sentiment improved from 45 to 55. Indonesia also recorded the quarter’s biggest rebound with a 22 point jump to 64. Currently, China’s business sentiment index, which represents a six-month outlook of 139 firms, rose to 67 for the months of April to June, in comparison to 65 just 3 months earlier. A Business Sentiment Index reading over 50 indicates a positive view.

(http://www.straitstimes.com/business/property/asian-companies-more-optimistic-in-second-quarter-thomson-reutersinsead-survey)

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