Thursday, December 8, 2011

of singapore real estate exchange electronic network

of singapore real estate exchange electronic network: Real estate agencies is near to launch an electronic network that will provide exclusive property listings and transactions details in real time.

Called the Singapore Real Estate Exchange (SRX), the network enables agents to access up-to-date information like transacted prices and rentals. The SRX, which was soft-launched in July this year, is already seeing an average of about 300 transactions a day.

Property agents say this will help to raise professionalism in the real estate industry and provide greater transparency. They say the new cooling measures introduced will hurt demand in the short term, but the prospects in China are still bright.

Commenting on the sidelines of the event, some property agents says the fresh round of measures to cool the property sector will definitely affect home buying interest. By Channel News Asia
Tags: singapore real estate exchange, srx, singapore real estate, newlook, penguins, pierce brosnan , Link Exchange | Singapore Real Estate Info - Singapore Property, Singapore Property Search, Rental Property & Real Estate Listing
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