When the financial crisis hit it gave a lot of multinational managers for Somerset Condo Capitaland a good reason to cut back on housing benefits, with many adapting to the adage of not letting a good crisis be wasted. As a result, many of these firms were using the financial crisis as an excuse for cutting the more generous housing packages, while shifting the responsibility for finding accommodations to the expat employee.
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It has been advised to not hold our breaths hoping that, in the near future, rents and demand will pick up again for Somerset Grand Cairnhill Condo Capitaland. This is due to the Government’s policy on the immigration situation being touch and go, making it more unlikely that Somerset Cairnhill Condo employers will go back to those better years before the financial crisis hit where the expatriate housing budget for Somerset Grand Cairnhill Condo Capitaland was a lavish one.
PAP or Opposition Ward? It Has No Impact On Property WorthNow that the general election has passed and the People’s Action Party (PAP) is celebrating a win almost every electoral sector, studies have suggested that, as far as property price fluctuations go, it actually does not make a difference whether a Cairnhill Condo is situated in an area governed by the opposition or the occupying party.
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The study has alleviated concerns that some areas of the country are perpetually undervalued and made to look less appealing.In fact, the regions of Aljunied and Potong Pasir actually performed much better than normal for Singapore, particularly in regards to real estate price valuations. These areas are thought to be some of the most lucrative for property in the whole country; real estate here has more than doubled in price, on average, during the past decade. This is a remarkable expansion of more than 100%.
The question is, are the PAP regions performing as pleasingly? Well, if Ang Mo Kio and West Coast are used as examples, it is clear to see that property prices are as healthy as they are in Aljunied. It is interesting to note that property prices in Somerset Cairnhill Condo did, however, fall slightly behind the countryside median – they expanded by just 50% over the past decade.