18.07.2012 - Singapore: Property developers clear some 2pct of previously launched units

With fewer new launches during the June school holidays, property developers turned their focus to clearing off unsold units from earlier launches. 7,234 new private homes remained unsold last month, down by some two percent from May. Market watchers say these units, which were launched at prices before the recent rise in property prices, seem more like a steal compared to the newer launches...............................................Full Article: Source

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