Tuesday 4 October 2011
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Malaysia Star, 5 Oct 2011
SINGAPORE: Rents of homes in prime areas have fallen for the first time in almost four years as global economic uncertainty means fewer executives are hired, according to a property consultancy.
Average rents in districts 9, 10 and 11 dipped 1.4% in the three months to Sept 30 compared with the previous quarter, said Jones Lang LaSalle (JLL) South-East Asia. It was the first fall since the first quarter of 2008, JLL added. Full story
Singapore prime rents dip
Malaysia Star, 5 Oct 2011SINGAPORE: Rents of homes in prime areas have fallen for the first time in almost four years as global economic uncertainty means fewer executives are hired, according to a property consultancy.
Average rents in districts 9, 10 and 11 dipped 1.4% in the three months to Sept 30 compared with the previous quarter, said Jones Lang LaSalle (JLL) South-East Asia. It was the first fall since the first quarter of 2008, JLL added. Full story
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