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Real Estate Briefing - Categorized | Developers, Market Moves more

Singaporean developers warn the government of potential oversupply

Posted on 13 September 2011

The Real Estate Developers’ Association of Singapore (REDAS) is urging the government to review its land sales programme for fears of potential oversupply of private property in the near future.
Fueled by the current economic uncertainties, developers are saying that the demand for private homes is decreasing and that the government needs to step up its moderation of land sales to ensure a sustainable market……………………………………….Full Article: Source


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