Developers comments on the property sector.
The Star Online: http://www.star-space.com/news/story.asp?file=/2008/12/20/pnews/2837844&sec=pnews
"What is certain is demand has shrunk, competition is intense and every developer will have to find market share.”
- Tan Sri Liew Kee Sin, SP SETIA
“After this crisis, we think buyers will gravitate towards time-tested and proven developers in the next upcycle.”
- Joachim Ng, SUNRISE
“It is a challenging time for developers as they need to deliver world-class products without compromising on product quality and specifications.”
- Ngian Siew Siong, SUNWAY CITY
“We are going to move ahead with existing projects although we will be very careful about what we are launching and will only launch in tandem with good economic and market conditions.”
- Datuk Seri Leong Hoy Kum, MAH SING
“While the Malaysian property market should experience a slowdown next year, we fell that properties in good, prime locations will still be able to generate good demand.”
- Daniel Chan, ynh property
“We are not isolated from the effects of the current credit crunch but neither are we scaling back or deferring any of our projects.”
- Datuk Yeoh Seok Kian, YTL land & DEVELOPMENT
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