Developers grow more optimistic but worry about cooling moves
Singapore
DEVELOPERS have grown more optimistic about the current and future state of the Singapore property market, but they worry about the government introducing more cooling measures.
The Real Estate Sentiment Index (Resi), jointly developed by the Real Estate Developers' Association of Singapore (Redas) and the Department of Real Estate at the National University of Singapore, had a composite reading of 6.6 in the third quarter, from 6.1 in the second. The composite index gives an overall indicator of sentiment.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
UK house prices stagnate in April as higher mortgage costs bite
When buying a home is treated as a national security threat
After S$160 million makeover, SingLand eyes better take-up, higher rents at Singapore Land Tower
US renters seeing chance of owning a home at record low: NY Fed survey
Shenzhen eases home buying to revive sales in China tech hub
Far East Orchard looks to sell Rendezvous Hotel Perth Central for A$18.5 million