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Time to switch out of developer stocks?

However, despite slower developer sales in June, some brokerages have continued to issue "buy" calls on property counters

SUBDUED sales at the recent launch of two condominium projects in Serangoon, in the north-east of Singapore, have stoked concerns that buying momentum may be running out of steam. But there are others who expect the momentum to pick up again after the typical lull period of June, which coincides...

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