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ECs stay relevant amid exciting developments

With developers reducing prices recently to better match buyers' expectations, affordability issues are better addressed. This mitigates oversupply concerns and supports the continued relevance of executive condominiums.

IT has been a year of contrasting halves for executive condominiums (ECs) in 2015. The first six months of this year saw heightened concerns about an oversupply of ECs, as sales were sluggish for EC projects. However, in H2 2015, developers cut prices for unsold stock and new launches and...

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