Commercial property has faced challenges in recent years, grappling with factors such as rising operating costs, inflation and shifting consumer behaviours. The question now: Is it on a recovery path, poised for growth? What are the trends that investors and businesses should look out for in 2024? Edith Tay, Founder, PropertyBank Pte Ltd gives us the lowdown. Presented by Ryan Huang and Audrey...
Real Estate
An insight into answering the ever-burning question of buying or renting your property The two major costs on a company’s profit and loss are staffing costs and real estate costs. How can you better manage the latter: real estate costs? Should small and medium enterprises (SMEs) rent or buy their property? Any SME would have readily answered that they should buy in the long run. Rather than weighing...
Doing the Sums – Purchasing a Business Property With all the rage about rising prices in commercial and industrial properties, small and medium enterprises (SMEs) have started to scramble to buy property of their own in the hopes of cutting down expenses on rent. This can often be a confusing process, with the insurmountable load of advice and information being thrown to them. When in search of...
Key considerations before making that crucial decision Businesses which have spent years renting their office, industrial or retail spaces, have often dreamt that they would own their premises and do not need to face the landlords. However, it takes planning to achieve the dream to own. When you are buying a commercial property for the purpose of running your business, it is more than just the property...
