Property overhang clearing up


ALTHOUGH not out of the woods yet, the recent statistics released by the National Property Information Centre (Napic) exhibit a positive trend for the industry as far as the overhang is concerned.

Not only that, even future supply looks much more manageable than before as residential, serviced apartments and small-office home-office (SoHo) properties under construction fell year-on-year (y-o-y).

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