Weak sentiment still weighing down Singapore property market: Redas chief
Published Tue, Jul 12, 2016 · 06:29 AM
[SINGAPORE] Weak market sentiment continues to weigh heavily on the real estate market in Singapore, Real Estate Developers' Association of Singapore (Redas) president Augustine Tan said on Tuesday.
Mr Tan said that since the successive introduction of property cooling measures from 2009, the demand for private residential property has fallen sharply on the back of a hefty supply.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
US 30-year mortgage rate rises to five-month high of 7.24%
Money laundering accused Su Baolin’s Sentosa property goes unsold at auction
US Judge approves US$418 million settlement that will change real estate commissions
In San Francisco, a home renovation can become a battle royale
Country Garden extends bonds to avoid first local default
Daughter of Chinese steel-and-nickel tycoon picks up S$84 million Bin Tong Park bungalow