You are here

Feeling heat from cooling property

With valuations sliding, some developers making provisions for projects facing thin margins

DEVELOPERS are feeling the heat from a tougher operating environment as property valuations slide, and some have been pushed to make provisions for projects. Wheelock Properties has made an accounting provision of $110 million for The Panorama, a 99-year leasehold condominium in Ang Mo Kio,

sentifi.com

Market voices on:

Powered by GET.comGetCom

Must Read