Singapore - More Private Properties Sold at a Loss

More private properties sold at a loss!

The chart below shows significant losses.

Thanks for reading!

Vacancy for Private Homes at 10 year high

Vacancy rates for private homes at a 10 year high - Straits Times 24 Jan 2015.

Rents under pressure.

24,062 - the number of vacant completed residential units at the end of the 4th quarter of 2014, nearly 2,500 units more than in the quarter before.

19,941 - the number of private residential units that were completed last year, up 52% from 13,150 in 2013.

3% - the full year drop in rents last year, marking a reversal from the rise in rents in the preceding four years

8% - the expected maximum fall in rents this year, with the most pronounced drop in the central region as firms cut back on housing allowances.

Borough Market, London, UK

We visit the London Borough Market.
It was the weekend and it was very crowded.  A lot of life and people.

We tried the Duck Confit sandwich.  Big portion but a tad too salty for my liking.
Wanted to try the Monmouth coffee, but the lines were way too long.

Tried some paella which was pretty good too.