Kallang Seeing A Real Property Revival

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Singapore saw gross sales of funding properties, or huge-ticket property transactions of a minimum of $10 million, drop 38.5 percent to $5.2 billion in Q1 2017, reported the Business Times. There are a total of 30,830 registered agents as at 1 January 2015, down from 31,783 in the previous yr.

As an example, although industrial property might provide a higher yield than residential property, it's extremely dependent upon components equivalent to location, new developments in the area and infrastructure. Rents: The events can freely determine the lease and the rate of hire enhance. Tenants usually pay a security deposit of 1 month's lease for yearly of lease.