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30-05-2019, 04:03 PM
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Senior Member
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Join Date: Feb 2019
Posts: 75
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Real Estate Update
Growth and confidence will pick up amidst some degree of uncertainty clouding the economic climate at the start of 2019. Nonetheless consumer momentum and the business sector is seeing its strength evidently boosting the demand with the extra stimulus coming out of China.
However, with the ongoing trade spat between US and China, the US Federal Reserve has indicated keeping the interest rates unchanged for the time being and possibly in the next few quarters depending on the outcome of US and China trade agreement if there is.
Property Update on new condo : Haus on Handy, Riviere coming soon.
Real estate markets are not spared by the economic clouding of uncertainties but innovation are buzzing actively within itself as reflected in the growth of numbers of completed new buildings over the last three years spread across the wide spectrum of industrial, office and multifamily property entities. However, the real estate behaviour is fortunately not a speculative surge unlike the past cycles. It is a more controlled rise with most cases such that there is a good match between the increase demand and the rise in economic and corporate growth. Overall, 2019 has seen the real estate being very much in good shape.
Latest update : Avenue South Residence launching soon
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