Investing In High End Residential Properties
Want to know more about investing in high end residential properties?
Read this article 'Global uncertainty slows sale of high-end homes' for more infomration on investing in high end residential properties.
Global uncertainty slows sale of High-End Homes
Source: The Straits Times
Author: Joyce Teo 19/8/2010
BUYERS are still showing relatively muted interest in the most luxurious homes in the city centre, the latest set of new home sales data shows.
But they are making a beeline for very popular mass market homes, followed by mid-tier units, the figures show.
Property experts say the outlook for the luxury sector remains favourable, though growth has slowed and current global uncertainties mean these prime high-end homes are unlikely to rebound this year as some experts had hoped.
A few months back, it was expected that luxury projects such as Ardmore3 and those on the former Grangeford and Parisian condo sites in the Orchard area would be launched in the first half year.
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