Developers go ahead with launches, hoping buying fervour will overcome superstition
Strong buying momentum in the property market is expected to hold up a traditionally slow month of sales in August as the Hungry Ghost Month – the seventh month of the lunar calendar – kicked in last Thursday.
For non-superstitious home buyers, the good news is developers seem to be going full steam ahead with launches.
The property market typically goes into a lull during this period, which ends on Sept 18 this year, as many Chinese consider it inauspicious to make housing commitments, move house or start renovation work at this time.
But practicality often overrides superstition, especially when buyers are presented with attractive options.
Property consultant Nicholas Mak, who is also a Ngee Ann Polytechnic real estate lecturer, said developers would likely want to ‘capitalise on the Continue reading
Lush Dream Home 