PROPERTY AFTER THE COUP
It's hard to believe that more than one month has passed since the coup here on September 19. We managed to get a bit (including my editorial) into the last edition of our Executive Property Magazine, but the November issue will have lots about the impact on the real estate and property market of those events.
In fact we can sum it up easily in two words - not much.
There is still a demand, as you would expect anywhere in the world, for affordable, quality housing with good transportation links. If anything the demand seems to have become stronger in the last six weeks.
The move is very much away from the top end, luxury, penthouse-style apartments in favour of the reasonably priced, less centrally located condo units. That's certainly what I have been looking at myself.
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