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2019's first home launches sell over 30% of units

Analysts say the sales reflect a cautious outlook among investors but cite ongoing demand despite cooling measures

The 71-unit Fyve Derbyshire had 13 units sold, out of the 36 units released on Saturday.


THREE condominium projects that were the first launches this year saw over one-third of their released units sold.

An analyst said that the results reflected a "very, very cautious" market while another said this showed that there is still demand post-cooling measures....

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