As condo sales slump, Surrey, - The Asian Star Newspaper

As condo sales slump, Surrey, - The Asian Star Newspaper

For developers of projects that have already been designed and approved, however, a market downturn creates a different set of issues altogether — and there may not be one clear solution. The current market downturn can generally be attributed to buyers remaining on the sidelines amid economic uncertainty, in both the residential resale and presale markets. As such, it has become difficult for developers to secure the number of presales they nee…