Property cooling moves pose challenge: 3 firms

Singapore

THE property cooling measures will continue to exert pressure, making the operating environment challenging, said three firms on Thursday, as they released their results for the three months ended September.

Sing Holdings, saying it will monitor the market to identify opportune moments to market its development projects, said: "With the Total Debt Servicing Framework and cooling measures, the group expects the Singapore property market to continue to be lacklustre, with weak purchasing sentiments."