Apr 14 - Deal or No Deal
Apr 14 - Deal or No Deal
En‐bloc sales plunged by 88.4% y‐o‐y to $28.8m in 1Q14, the lowest since 3Q09. The grim outlook of collective sales is likely to persist as developers struggle amidst tepid buying demand in the private residential market, risk of further rounds of cooling measures, and additional penalties for not completing the project within the stipulated time period.
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Apr 14 Deal or No Deal |