SOME 140 real estate agencies have closed shop

[dancingshoes]

Some 140 real estate agencies have closed shop over the 12 months to March 31, 2015 and over 3,000 property agents have quit the industry in that period as the sluggish property market continued to take its toll on industry players.

Weak property market bleeds agencies, sales agents
136 agencies shut down, 3,146 people exit the sector; top market players expect more casualties

http://www.businesstimes.com.sg/real-estate/weak-property-market-bleeds-agencies-sales-agents

 

[numero uno]

Some 140 real estate agencies have closed shop over the 12 months to March 31, 2015 and over 3,000 property agents have quit the industry in that period as the sluggish property market continued to take its toll on industry players.

Weak property market bleeds agencies, sales agents
136 agencies shut down, 3,146 people exit the sector; top market players expect more casualties

http://www.businesstimes.com.sg/real-estate/weak-property-market-bleeds-agencies-sales-agents

hahhaha. great news. cannot stand property agents and developers. real @ssholes and cheats. A very telling sign about state of property market which is crashing and bleeding/dying. tell that to that narong and xebay who still are in denial and in a delusional state about their pigeon hole's worth. by now worth a rat hole. hahahahha

 

[xebay11]

hahhaha. great news. cannot stand property agents and developers. real @ssholes and cheats. A very telling sign about state of property market which is crashing and bleeding/dying. tell that to that narong and xebay who still are in denial and in a delusional state about their pigeon hole's worth. by now worth a rat hole. hahahahha

What denial? I also knew that property market would crash and for simple reasons like ABSD and TDSR it is you who claim all kinds of rubbish and lucky guess to predict the fall. Anyway why you hate agents they always help me with rentals and sales, you search for properties and clients by yourself? Tsk tsk

 

[Narong Wongwan]

hahhaha. great news. cannot stand property agents and developers. real @ssholes and cheats. A very telling sign about state of property market which is crashing and bleeding/dying. tell that to that narong and xebay who still are in denial and in a delusional state about their pigeon hole's worth. by now worth a rat hole. hahahahha

Hehe I'm staying in a rat hole....at least better than you hoping and praying everyday for price of rat hole to crash so you can afford one

 

[Happyhour]

Hehe I'm staying in a rat hole....at least better than you hoping and praying everyday for price of rat hole to crash so you can afford one

Bunking with krafty ?

 

[yahoo55]

Demand have crashed, only 446 units were resold in Sept 2015.

With the huge oversupply and recession looming, escalating vacancy rates and sinking rents, sellers need to slash prices to attract buyers in this climate.

Condo resale prices drop by 1.2% in September

446 units were resold this month.

Meanwhile, condo resale volume sinked by 10.6%, compared to 499 units sold last month.

Resale volume is also now down a whopping 78.2% compared to its last peak in April 2010, when 2,050 units were resold.

- See more at: http://sbr.com.sg/residential-prope...ces-drop-12-in-september#sthash.B7laSeIB.dpuf

 

[aerobwala]

Yes, property market is crashing. Seen some S$100k - S$200K discount posting in facebook.

 

[JHolmesJr]

Couldn't have happened to a better breed of people….real estate agents….scum of the earth….bastards aren't even worthy enough to drive a cab….waiting tables at mcdonalds seems appropriate.

 

[congo9]

Yes, property market is crashing. Seen some S$100k - S$200K discount posting in facebook.

My friend just bought a EC at 750k. Where is the crash ????

 

[JHolmesJr]

My friend just bought a EC at 750k. Where is the crash ????

your frenn sounds like a fucking fool.

 

[congo9]

your frenn sounds like a fucking fool.

What fool ? If your market is no good, that does not mean others market are as bad.

 

[hbk75]

Ur fren 750k paid with hard cash? There will always. Be victims who are not so financially smart in every downturn

 

[JHolmesJr]

What fool ? If your market is no good, that does not mean others market are as bad.

your frenn sound like he got a screw loose and never read the news…..more money than brains….

 

[Masturbation]

masturbating own dick again

 

[congo9]

your frenn sound like he got a screw loose and never read the news…..more money than brains….

People has the money to throw.

 

[magical]

Most of the property agents i know of are ex lucky plaza watch touts.

 

[borom]

A good example is that most of them are on the side of the property owner even though they are suppose to be serving the tenants who are paying the commission.(the tenant's agents)

Driven by greed as they will usually butter the property owner and try to short change tenants eg installing 2nd hand aircons, inferior furnishing
ect2 hoping that they will eventually get the commission for the sale.

 

[Jah_rastafar_I]

didn't know there were 140 agencies.

 

[Cerebral]

What denial? I also knew that property market would crash and for simple reasons like ABSD and TDSR it is you who claim all kinds of rubbish and lucky guess to predict the fall. Anyway why you hate agents they always help me with rentals and sales, you search for properties and clients by yourself? Tsk tsk

The key reason for the crash is global economics. All indicators are down. Local GLC and MNCs are releasing their contract staff and FT and hence impact the property market.

 

[Cerebral]

My friend just bought a EC at 750k. Where is the crash ????

How many times do i to say it in this forum. Anecdotes are not statistics. Even in the deepest recession also got people buy property.... cock....