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More distressed sales expected at luxury condos.

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12-11-2015, 09:40 AM

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More distressed sales expected at luxury condos.

An honorable member of the Coffee Shop Has Just Posted the Following:

http://www.theedgeproperty.com.sg/co...-luxury-condos

It should be reassuring that property agents still consider incidences in which condominiums are sold at 20% to 30% below their purchase price to be as in frequent as an MRT breakdown. Many still insist that such transactions are “one-off” and not representative of the normal market.

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