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Old 06-06-2019, 12:23 PM   #1143
Join Date: Mar 2019
Posts: 158
Was referring to the upcoming government land sale sites.

But developers have no choice but to book in losses if the market cannot support their asking prices.
Look at the recent land bid of site near SUO. The same bidder bid lower than the bid for SUO. If a brand new condo is selling cheaper than the launch price (5 years ago) of a five year old condo, do you think this five year old condo would appreciate or depreciate in value?
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