Chip Eng Seng flags better local housing vibes

Singapore

CONSTRUCTION and property development group Chip Eng Seng flagged improved sentiment in the Singapore residential property market to explain why it was launching its latest condominium project.

"The results of new residential property launches in H2 2016 were more encouraging than H1 2016," it said. The firm will be "leveraging on this improved sentiment" for its latest 720-unit Grandeur Park Residences development in Tanah Merah, which goes on sale in early March.