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Wing Tai: Developers unlikely to drop prices despite virus outbreak

Wing Tai deputy chairman Edmund Cheng says developers here have capacity to ride out crisis

Published Tue, Feb 18, 2020 · 09:50 PM
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Singapore

SINGAPORE'S property market is in a good position to withstand the Covid-19 spread, says Wing Tai's deputy chairman and deputy managing director Edmund Cheng.

He believes property developers here are not likely to drop prices in a knee-jerk reaction as they have the wherewithal to wait for the crisis to pass.

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