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.
TRENDING NOW
Ohmyhome Ltd sells real estate business for token US$1 due to poor business and continued losses
Buyer for England striker Harry Kane’s former mansion must pay £3.4 million after abandoning deal
Real estate firm Ohmyhome’s journey over the past 10 years
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan