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.

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