Redas proposing formal joint panel with lead govt agency

Singapore

THE industry body representing real estate players in Singapore is lobbying for a greater say in government policies and initiatives through a proposed joint committee with a lead government agency.

The Real Estate Developers' Association of Singapore (Redas) hopes to have a formalised platform for regular dialogues with the government through an agency such as the Urban Redevelopment Authority (URA), on issues affecting the real estate sector, such as how to sustain its growth.

This proposal was put up in a position paper released by Redas recently; in it, the association stressed the importance of…