Friday, February 3, 2012

Redas strikes a sombre note on property sentiment

Straits Times: Fri, Feb 03
THERE were plenty of new private homes sold last month but a key property industry body warned yesterday that the market sentiment may be more sombre.

Mr Wong Heang Fine, president of the Real Estate Developers' Association of Singapore (Redas), said January's strong numbers - analysts tip that about 1,800 units were moved - must be seen in perspective as they do not mean that every project is doing well...

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