Hiya I need to sign a new contract for a serviced apartment. The rent has already fallen from 18,500 to 17,500 per month (6 month contract) and if i sign for 12 months it will be 17,000 per month.
The agent here recommends a 12 month contract and tells me that rents for serviced apartments will start to rise again soon.
What are peoples thoughts? Is the agent correct or do you think that rents will continue to fall over the next 6 months?
Thx in advance for any advice