The brokerage maintained its "underperform" rating on Cathay Real Estate Development (國泰建設) given its higher exposure to property outside Taipei, and was conservative on overvalued players like Taiwan Fertilizer Co (台肥).
Mon, Sep 04, 2006 - Page 12 News List
Macquarie bullish on Taipei property market
OPTIMISM Rising demand for smaller units, historically low mortgage rates and impulse buying to beat inflation are driving home purchases, the Australian broker said
By Amber Chung / STAFF REPORTER
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