Some Owners Cutting Prices in Quiet Market

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  1. #11

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    Aug 2007
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    Some further price adjustments downwards:
    http://blogs.wsj.com/chinarealtime/2...to-cut-prices/


  2. #12

    Join Date
    Aug 2007
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    Hong Kong Standard April 17
    Michael Choi Ngai-min, an advisor to the government on housing policy, indicated the property market was starting to get depressed. "Sellers of smaller homes now have to slash asking prices by 5 to 6 percent to attract a deal," he said.