Eyes on property market amid global slowdown
Oxley, SingHaiyi and Perennial are on analysts' debt watch-lists
Singapore
AS BEARS maul the stock market while firms grapple with a recessionary environment, the risk of a property market slowdown has risen, market watchers say.
Analysts think a price crash is unlikely unless unemployment spikes first. But sales of new private homes will naturally slow down as uncertainty takes its toll.