"Launching a large number of new projects doesn't mean they would achieve 100 percent pre-sale ratios. With housing prices remaining high, we doubt buyers could absorb them all," he said, adding that consumers should think carefully before investing in the market.
Fri, Jun 29, 2007 - Page 12 News List
Property market may contract: report
SLOWDOWN AHEAD With the index of leading property indicators falling and banks tightening credit, a property expert advised the public to think twice before investing
By Jackie Lin / STAFF REPORTER
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