While oversupply is a common concern for investors current data alleviates this worry for the townhouse segment. The statistics indicate that the ratio of new townhouse launches is decreasing relative to apartments because land is running out. With…
While oversupply is a common concern for investors current data alleviates this worry for the townhouse segment. The statistics indicate that the ratio of new townhouse launches is decreasing relative to apartments because land is running out. With the population projected to reach 5 million by 2030 and a clear preference for single family homes among long term residents the demand is expected to outstrip the limited supply of new villa communities coming to market.
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