~*my fairy tale*~

Thursday, July 05, 2007

office space

been handling ura announcements daily for the last week or so... at this rate i'm gonna be ura correspondent...

one thing i don't quite understand after scrutinising the no.s given to me: why is it tt the amount of office space tendered or listed in the last month or so is actually 5 times of the supply in 2004-2006 combined?

i was told tt the supply was low then cuz the authorities were worried tt there'll be an oversupply given the economy was in the duldrums...ok one mite say tt it's just economic theory...but isn't it supposed to be the case where the govt should release more land to be sold for infrastructure creation so as to help boost the economy? coming into the cycle so late, the current mad rush to release land might just create an oversupply come 2009 n beyond...早知今日,何必当初?

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