By Samantha Magick
The pandemic has flattened Fiji’s real estate industry, with the Reserve Bank reporting that commercial bank lending to real estate had plummeted 31.3% (or F$24million) for the year ending March 2021. Similarly, lending to building and construction fell 11.5% in the same period. But how are things faring at the prestige end of the market?
Susan Pritchard established her practice, My Island Home, three years ago after more than ten years with other agencies. She works across all price points, with high-end listings concentrated on Denarau, Naisoso and Maui Bay amongst other locations.
It’s a buyer’s market, Pritchard says, and many of those . . .