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Cooling measures 'dampened developers' sentiment'

Real Estate Sentiment Index indicates that sentiment fell sharply in the third quarter from the second, after the imposition of tougher ABSD rules in July

Published Mon, Oct 22, 2018 · 09:50 PM

Redas

Singapore

PROPERTY-cooling measures announced in July have dampened sentiment towards the Singapore property market, says the latest quarterly Real Estate Sentiment Index (RESI), which assesses perceptions and expectations of real estate development and market conditions in Singapore from the developers' standpoint.

The composite index, comprising a Current Se…

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