Shining Building eyeing rosier H2 ahead of polling
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Shining Building plans to launch new projects By Crystal Hsu / Staff reporter Shining Building Business Co (鄉林建設) aims to launch NT$20 billion to NT$30 billion (US$704.8 million to US$1.06 billion) of new housing projects this year to take advantage of demand fueled by continued capital repatriation and low borrowing costs, Shining chairman Lai Cheng-i (賴正鎰) said yesterday. The plan was announced even though the Taichung-based developer expects presale projects this year to fall 10 percent from last year as the central bank’s selective credit controls raise capital requireme...