Pan Hong Holdings Group Limited (SG:P36) has released an update.
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Pan Hong Holdings Group Limited has addressed questions from the Securities Investors Association (Singapore) regarding its expansion into Guangdong and the stability of property prices in Shanwei City. The company highlighted its adaptability and expertise gained from past projects, and noted that despite being a third-tier city, Shanwei has maintained stable real estate prices. Moreover, recent transportation developments, like the new high-speed railway routes, are set to enhance connectivity and could influence the local property market.
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