Investor appetite for properties predicted to wane in 2H

There’s a disparity between sellers and buyers.

According to Knight Frank, in view of the recent property measures, investor appetite for property is expected to wane.

Generally, property owners are less willing to lower their asking prices due in part to higher transaction costs arising from the Seller’s Stamp Duty.

Prospective buyers are more discerning in light of the Additional Buyer’s Stamp Duty (ABSD), lower loan-to-value ratios and the recent TDSR ruling.

These circumstances have led to a disparity in price expectation between the buyers and sellers, especially in the residential sector.

See on http://sbr.com.sg/commercial-property/news/investor-appetite-properties-predicted-wane-in-2h

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s