28 Jul '15, 12am

Negotiating power has shifted to renters and some landlords could face financial pressure.Find out why.

Private apartment rents are down 12.4% since their peak in January 2013. In June, rents dropped another 0.5% even though the number of transactions increased. The market has clearly shifted in favor of renters as landlords face increased competition (i.e., supply) and decreasing demand as a result of tightening of immigration rules and expatriate housing budgets. There will continue to be downward pressure on rents as long as the current market dynamics prevail. At this point, there are no signs that rental supply will tighten any time soon. In fact, urban planners expect more than 40,000 private flats to come on market by end of 2016 . On the demand side, it is a wait-and-see on the Government’s immigration policy. Furthermore, it is unlikely that employers will return to the pre-financial crisis go-go years of lucrative expatriate housing budgets. The history of expatria...

Full article: http://www.srx.com.sg/ask-home-prof/9551/its-a-renters-ma...

Tweets

Negotiating Power Shifts to Renters #singapore ...

srx.com.sg 16 Jul '15, 3am

Negotiating Power Shifts to Renters Private apartment rents fell 0.5% in June, bringing the market's total drop to 6.2%. T...

India

cleantechnica.com 27 Jul '15, 2pm

The challenge lies in politics, of course. India is a democracy and farmers are the largest voter group. In the past, offe...

Report: Singapore is a $1B Data Center Market a...

datacenterknowledge.com 28 Jul '15, 12pm

The Singapore data center market is booming thanks to the country’s proximity to China, political stability, and a busines...

India

cleantechnica.com 26 Jul '15, 2pm

Tobias Engelmeier, Bridge To India founded BRIDGE TO INDIA (www.bridgetoindia.com ) in 2007, as a strategic environmental ...

rt @pursuitist Gigi Hadid Is The Face Of Topshop’s Fall Campaign #luxury

rt @pursuitist Gigi Hadid Is The Face Of Topsho...

pursuitist.com 27 Jul '15, 5pm

Gigi Hadid fronts the fall campaign of Topshop. The 20 year old American fashion model and TV personality has already mode...

World’s smallest biomass power plant using biom...

renewableenergyfocus.com 27 Jul '15, 8am

The breakthrough E3 technology from German-based Entrade Energiesystems, which can provide continuous baseload power at mi...

Mike Tyson wants a bite of the Bitcoin market

venturebeat.com 28 Jul '15, 3pm

Mike Tyson is either getting into the Bitcoin game or is getting scammed out of a bunch of money. Tyson, a former heavywei...