THE property sector in different parts of the world is going through birth pangs, with bouts of lows and highs, broken by spasms of stability. What will birth forth depends on how governments tame the beast within their borders.
Hong Kong and Singapore saw property prices remain stubbornly high despite multi rounds of cooling measures. In Malaysia, residential housing spike as high as 40%, never before seen by property professionals after 30 years on the job, only to be broken by a series of anti-speculation measures.
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