Real estate market uncertain of future
“Because of the COVID-19 people have been affected in different ways some have lost their jobs some have had reductions and other factors that have put them in some situations where they cannot invest in properties so that is how the property market is affected.”
There has been a market correction of approx 20% and that is a decline of realestate and rental prices. A smart investor will look at acquisition of assets at a discount . Further, there is transition and relocation of people and there is ongoing business but agents need to work harder and smarter. There is an opportunity to make lemonade out of lemons in any market. I think that Fiji will become more attractive when borders open , suggested Arif, Director and Founder of One Agency Bayshore Realestate Fiji
