Property
An interview with the CEO of PropertyGuru
By Property Soul  •  January 28, 2014
Date: 21 January 2014 Venue: The Grand Hyatt Interviewee: Steve Melhuish, Co-Founder and CEO, PropertyGuru Q&As: PS = Property Soul Steve = Steve Melhuish PS: What do you think about the property market in 2013 and what is going to happen in 2014? Steve: 2013 is an important year with the cooling measures showing their impact on the reduction of transaction volumes in the first half of the year, followed by the softening of prices in the last two quarters. In 2014, with increased supply and declining prices, home buyers and investors will continue to adopt a wait-and-see approach and delay their purchases. Developers and property owners are both taking a longer time to market their properties. PS: What are the negative factors and to what extent will they affect the public, private and commercial property markets? Steve: They include the lack of buying interest due to buyer/seller stamp duties; ......
Read the full article
By Property Soul
I have developed a strong passion for properties since young. In my 20s, I was relocated to Singapore where I bought my first condominium unit at the end of 2002. I added four more to my property portfolio in 4 ½ years’ time. I never expected their total value could be doubled in just a few years.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance