Faced with a slow residential market and competition from a multitude of new launches this year, some developers are reportedly adopting an "ingenious sales tactic" to lock in potential buyers who may not be ready to commit to their purchases, according to a report by Credit Suisse's equity research arm.
This has resulted in what it called "the curious case of the rising number of returned units" at some new launches after the July 6 cooling measures last year.
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