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Developers bank on improving Aussie property market

Easing of credit rules, weaker AUD and lower interest rates among favourable factors

Nisha Ramchandani

Nisha Ramchandani

Published Wed, Jun 5, 2019 · 09:50 PM
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Singapore

SINGAPORE developers are looking to a turnaround in the Australian property market, with an easing of credit controls and lower interest rates.

Tighter credit conditions and stamp duties contributed to a slower property market Down Under in recent years, making it challenging for residential developers to sell their projects there.

KEYWORDS IN THIS ARTICLE

aspial
Reserve Bank of Australia
CBRE

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