PropertyGuru

PropertyGuru Pte Ltd owns and operates a real estate property information website. The Company offers facilities to search for condominiums, apartments, Housing and Development Board (HDB) flats, serviced apartments, houses, and commercial properties to rent and buy in Singapore.

Asia's Leading Online Property Group

Asia's Leading Online Property Group, PropertyGuru

Bjorn Sprengers

Thematic (Sector/Industry)

Singapore Financials / Thematic (Sector/Industry)

<p><strong>We take a Guru View at this investor favourite property sub-class, and at its market performance over the past few years.</strong></p><ul><li>Sale transaction volumes for shoeboxes have fallen drastically, while median prices have begun to move downwards only in the past four quarters</li><li>Rental volume, however, has increased dramatically, even as median prices have fallen on the back of oversupply</li><li>Rental volume looks to be a function of supply, with city fringe districts seeking the bulk of rental contracts due to a higher number of available units</li><li>Investors looking to buy need to examine closely future rental demand and the supply of units in the area, to ensure they can generate good returns</li></ul>

We take a Guru View at this investor favourite property sub-class, and at its market performance over the past few years.Sale transaction volumes for shoeboxes have fallen drastically, while median prices have begun to move downwards only in the past four quartersRental volume, however, has increased dramatically, even as median prices have fallen on the back of oversupplyRental volume looks to be a function of supply, with city fringe districts seeking the bulk of rental contracts due to a higher number of available unitsInvestors looking to buy need to examine closely future rental demand and the supply of units in the area, to ensure they can generate good returns

Pacific Century Regional Developments (PAC SP)

Maxi Cash Financial Services Corp (MCFS SP)

Reenova Investment Holding Limited (ISR SP)

FTSE Straits Times Index (STI) (STI INDEX)

Sabana Shari'ah Compliant Industrial REIT (SSREITR SP)

Sabana Shari'ah Compliant Industrial REIT

Shoebox apartments being left on the shelf