Choices | A lot down | Somewhat down | Stable | Somewhat up | A lot of increase |
Agricultural land | |||||
Urban land | |||||
Office | |||||
Shopping | |||||
Industrial properties | |||||
Hotels | |||||
Resort properties | |||||
Rental housing & rental apartments | |||||
Owner-occupied apartment or condominiums | |||||
Detached houses, rowhouses or low-rise residence | |||||
Residential land subdivision | |||||
Retirement living |
2023 or Longer
1. Will shift to online sales and marketing. 2. Tighter load policy to buyer and developer 3. Switching of property usage, e.g. hotel convert to co-working office.
Monitoring and adjust to consumer demand. Most of the sales will be at medoum to low value property.
Academic, Agent / broker, Other, specified
Reason: Major down on the premium property.