SENTIMENT matters. But there does not seem to be “much documented evidence” that property sales are as bad as painted out to be, according to a few property consultants, some of whom declined to be named.
Using figures by the National Property Information Centre (Napic) as well as figures from a survey among developers, they concluded that although there is a time lag in Napic statistics, the situation may not be as bad as some quarters make it out to be.
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