18.06.2009 - Glut of apartments in Singapore preventing real estate recovery
From Propertywire.com: A glut of new condo apartments in Singapore is adding to the property downturn as real estate investors adopt a wait and see attitude rather than jump into the market, it is claimed. Jakarta's condo market in particular is facing problems in the middle range property market while luxury units are still in demand because of a shortage of supply, according to a report from property consultants DTZ.........Full Article: Source