Demand for new private homes down 80% in December

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#21
Rainbow 
opmi,
this is a pioneer showcase project...
a successful launch is very important...

now, as it's proven that this concept is acceptable/popular...
the fine tuning will come...

Aka, the future projects will be 60yrs 40yes or even 30yrs leases.

Our 99 yrs condo, suddenly become sort after...
don't even mention about those scares FREEHOLD property with development/transformation coming...

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#22
(17-01-2014, 12:07 AM)Tiggerbee Wrote:
(16-01-2014, 11:42 PM)pianist Wrote: just read the business times today, it was mentioned that developers deliberately hold back their horses..ty the lower than usual vol seen in dec.

It's the same old story back in Q4 2012. Property sales drop because developers held back new launches due to curbs imposed in Oct 2012.

http://www.sharesinv.com/articles/2012/1...-november/
recall seeing the better rate of new units sold over total new vol launch between Q42013 and Q42012.
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