Private home, industrial space markets feeling squeeze from double whammy
They're sandwiched between rising supply and cooling demand; office rent recovery appears to be in place
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Kalpana Rashiwala
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Singapore
OFFICIAL statistics show that the private residential property and factory space markets have turned under the weight of supply on the one hand, and property cooling measures and the total debt servicing ratio (TDSR) framework on the other.
However, a gradual rent recovery appears to be in place for the office market.
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