Brokers' take
Property Development and Investment | Neutral
CIMB Research, Aug 17
July 2015's primary residential sales of 1,594 units (ex-ECs) was triple of that a year ago, thanks to the boost by High Park Residences which saw an 85 per cent take-up rate and made up 73 per cent of the month's transactions. Excluding this, the remaining sales were fairly similar to June's, indicating anaemic but stable demand.
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