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Singapore Property Brokers Looking Abroad

Category: Real estate, Posted:18 Oct 2014 | 06:00 am

A recent news article in The Business Times has highlighted how Singapore's real estate brokerage houses are now having to look further afield given the country's residential market downturn.
According to the piece the current state of affairs is not unlike falling off a cliff with agencies reporting a downturn of 20-50% on profits.
Many brokerage houses are no looking at opportunities to sell overseas properties to stem the downward trend.
A high cost of fixed overheads such as office rentals and staff are being cited as reasons why agencies have to now concentrate on top live revenue enhancement.

Other News

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Special Virtual Event For Hotel Owners and Operators

Category: Hotels, Posted:30 Oct 2020 | 12:11 pm Join Delivering Asia Communications and C9 Hotelworks in a unique one-hour live MasterClass event on hotel asset management. The event is titled “MasterClass – Hotel Asset Management, A Virtual Learning Event on How to Add Value in the Covid-19 Downturn”. The live webinar will be held on Wednesday 18th November, 2:00 pm Bangkok | 3:00 pm […]
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Hotel White Label, Third Party Operator and Franchise Event

Category: Hotels, Posted:27 Oct 2020 | 08:55 am C9 Hotelworks and Delivering Asia Communications have organized a highly-relevant virtual event called “White Label Session – The Sequel, Insights into Hospitality Third-Party Operators and New Options for Hotel Owners”. The live webinar will be held on   Wednesday 4th November, 2:00 pm Bangkok Time | 3:00 pm Singapore/Hong Kong. Free registration is available HERE. A hospitality-focused virtual […]
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Phuket Airlift To Koh Samui Is Back

Category: Tourism, Posted:23 Oct 2020 | 16:26 pm Bangkok Airways has announced the return of flights between Phuket and Koh Samui. According to the Phuket News service commences Sunday, October 25th leaving Phuket at 12:20 pm and arriving in Samui at 1:15 pm. There will also be a resumption of flights between Phuket and Hat Yai between Phuket and U-Tapao (Pattaya). The return […]