UOL to launch two projects in 2Q 2019; Q3 profit slides 85%

Singapore

DESPITE highlighting that the July cooling measures have affected sentiment in the Singapore residential property market, UOL Group is planning to launch two projects in the second quarter of next year.

They are a freehold residential project with about 56 units on the former Nanak Mansions site in Meyer Road, and a 99-year leasehold project in Silat Avenue with about 1,074 residential units and 1,300 square metres of commercial space.