11 Dec '13, 12am

"The location caters to a specific group of property seekers who may have their businesses in that area or the...

Sparked by the death of an Indian worker hit by a private bus, the riot in Little India on Sunday night saw hundreds of foreign workers attacking police and burning vehicles, making it the first major riot in Singapore in more than 40 years. While it stunned many, analysts believe the riot is unlikely to have any major impact on property owners or renters in the area. Shawn Tan, CEO and Key Executive Officer of property agency M.O.R.E., said: “There are not many public and private homes there and usually the location caters to a specific group of property seekers who may have their businesses in that area or the preference to stay within their own community.” Alan Cheong, Research Head at Savills Singapore, noted that renters may use the situation to depress rents, but it is still “up to the landlords holding power to be able to ward off such opportunists”. “Potential buye...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

Tweets

Little India riot won't depress property prices...

propertyguru.com.sg 10 Dec '13, 11am

Sparked by the death of an Indian worker hit by a private bus, the riot in Little India on Sunday night saw hundreds of fo...

Little India riot won't depress property prices

propertyguru.com.sg 10 Dec '13, 7am

Sparked by the death of an Indian worker hit by a private bus, the riot in Little India on Sunday night saw hundreds of fo...

#GlobalREBubble #Singapore 'Little India Riot W...

propertyguru.com.sg 10 Dec '13, 8am

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The government’s revision of the executive condominium (EC) scheme will see developers being more mindful of a buyer's inc...

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propertyguru.com.sg 11 Dec '13, 8am

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