Day: January 29, 2016

Singapore office landlords have that empty feeling

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SINGAPORE (BLOOMBERG) – Singapore’s office landlords are among the world’s most luckless right now, and they have builders to blame. The market already has an empty feel to it, and as developers add more space in a slowing economy, property owners’ misery could keep compounding. Over the past year, the city’s three big office real … Read more

AUSTRALIA : PILBARA PROPERTY INVESTORS LOSE HALF AS PRICES ‘HIT THE BOTTOM

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Property prices in the Pilbara town of Karratha have halved to their lowest level in 11 years as the mining town suffers a double blow from falling iron ore and oil prices. Desperate sellers are slashing asking prices by more than $100,000 and some homeowners have been left nursing losses of nearly $300,000 on properties … Read more