Friday, October 29, 2010

BT: Jittery developers go low-rise on confidence



iproperty_condoview

The worst- kept secret in the property market
is out in the open.
Not only are developers less upbeat about the future but a third of them actually expect prices of new homes to decline.
And market performance for the suburban residential sector may be the worst hit.

Read the following website (open after 6 pm daily)


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1 comment:

yujuan said...

Yup, this is the first thought cruising through my mind when I read the news this morning.
Presently the landed property market still very strong, relative to the the high-risers.
Patient buyers just wait by the sidelines. How long could prices hold up when sales at new property launches are sliding.
Impatient, needy buyers could even take this opportunity to negotiate for discounts quietly behind close doors. No large developers want to be known to be the first to drop prices. So proceed quietly and argue with logic. Better luck with smaller developers.

October 29, 2010 1:13 PM

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