6 March 2016
More private property owners selling at loss as resale, rental markets weaken
Features Jennifer Chia
“Sellers sustaining large losses now tend to be foreign investors and property funds,” said Ms Jennifer Chia, executive director of TSMP Law Corp. “Some funds which bought during the property boom of 2007 and 2008 are coming to the end of their fund life, which typically spans about five to eight years.”
This article was originally published in The Straits Times on 5 March 2016.
Read more at The Straits Times
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