11.   Property stocks, sold heavily in recent months because of fears of a possible high-end property glut, surged.

12.   Property stocks surged after heavy selling in recent months because of fears of a possible high-end property glut.

13.   Rising imported inflationary pressure, looming property glut and high interest rates arising from the current tight liquidity condition are other causes for concern.

14.   The property glut is expected to weigh heavily on banks whose portfolios consist largely of loans to property firms.

15.   Concerns of a property glut have arisen due to the profusion of high-rise projects that have recently been completed or are under construction in the capital.

16.   Mahathir also brushed off remarks the project would contribute to the property glut, indicating available retail and office space would be taken up.

17.   Thailand has been faced with a finance sector crisis amid a property glut and falling prices.