New Homes

25% more new homes sold in first 9 months of 2007 than whole of 2006

The number of new private homes sold by developers in the first nine months of this year is expected to total 13,900, according to property consultant Knight Frank. This will exceed the 11,147 new units sold by developers in the whole of last year. Knight Frank said developers continued to exhibit confidence in the property market by releasing several new residential projects into the market. However, it...

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