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Concerns raised over ambiguity within the plan’s execution, and its effectiveness, emphasising want for deeper solutions to housing disaster. Ownership of shophouses along Peck Seah Street are tightly held and are hardly in the marketplace. Vacancy rates for Sydney’s prime retail core have dropped to 8.3%, with the one space recording emptiness rates of zero. Secondary workplace belongings face challenges with poor uptake and declining values, particularly in B and C-grade properties. House costs are overvalued by as much as a 3rd in some cities, but specialists warn they’re unlikely to fall again to a fairer degree. Find insights, information, tools, perspectives, and tendencies written by consultants and published exclusively on WRE News.