Bargains in the property market

Statistics show that the bulk of properties that are likely to come into the market for a bargain are high-rise residential units, serviced apartments as well as office and retail space.

THE chatter of the week is that property prices will crash next year because of an impending interest rate hike and a growing supply of unsold houses.

Yes, interest rates are likely to go up and there is a mismatch in the supply of houses – something that all developers are addressing.