NUS-Redas index shows easing in developer bearishness in Q2
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DEVELOPER sentiment in Singapore improved slightly in the April through June period from the first three months of the year but it was still gloomy overall, the latest NUS-Redas real estate sentiment index report released on Monday showed.
The report, which came out a week after the Monetary Authority of Singapore said the property cooling measures would stay in place, also found that 52.9 per cent of property developers surveyed expect a "moderate decrease" in residential property prices in the next six months.
