Indeed your interpretation of how the market is behaving is logical, but the last thing to support such a move is that the market needs to move one way or the other. A stagnant market is no good for anyone.
The whole line of professionals, builders, architects, lorry drivers and etc behind the construction industry needs to have constant projects to work on, otherwise they will go jobless, therefore with another type of spillover effect.
It is ironic, but then, part and parcel of the market development.
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Geryl LIM
Consultant - Director
Global Alliance Property (L3010679B) - Century 21
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