1. Credit and a Competitive Market
... developers do not solely depend on country diversification as several developers in the bottom-tier of the industry, such as Star Holdings Ltd, may not have the funds to venture abroad. Almost all of the property developers are involved in the development of residential, commercial and industrial properties simultaneously. Should an economic crisis occur in Singapore, the residential property market is ... seized by the banks and sold off at low prices. Foreign Exchange Rates Majority of the property developers belonging to the top and bottom tier of the industry have ventured abroad to...
- Word Count: 6477
- Approx Pages: 26
- Grade Level: Undergraduate