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
Site tripping will be much lessened, Virtual tours will be the new norm. Mid-cost Housing developments will have bigger/extra lot for families to enjoy extra space especially after being confined to their homes or apartments.
For marketing of projects, use of more IT and social media is required to reach more clients.
Developer
Reason: Lockdown due to Covid-19 has depressed our economy. We are now in Recession.