PROPERTY developers are generally positive of the industry’s performance in the second half this year although concerns over escalating oil prices, the performance of the stock market and potential interest rate hikes are viewed with some degree of apprehension.
Chief executive officers of property companies who took part in the StarBiz CEO Property Outlook for the second half of 2005 are optimistic that the market will be able to sustain the moderate growth it has enjoyed in the first half this year.