What she said is probably true, but are these travelling expats any significant factor in the overall tenants population? It's like stating some unimportant but vocal factors to divert the attention and address some fears.JR8 wrote:I've followed Savills research for years, especially re: my specific home turf in London. I follow several sources, and I've always found Savills to be the most informed and honest, even when their news and forecasts have been dire they are attuned to the inside-track re: what's going on. I know very well that what many agents write is self-interested balls; but I wouldn't have posted the quoted piece unless I thought it was worth taking seriously. -- Just sayin'! --
Besides, why speculate on the market condition analysing occupancy behaviour of the tenants when it is enough to compare number of flat listed for rent with, for example, number of transaction within a given period? What would be more valuable for a LL, some verifiable numbers based evidence or some speculations, based on undisclosed methodology?
I don't know Savills, but I know that the quality within the same company, even an MNC type, may vary depending on the country and Singapore (in general) is a perfect example of it.