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Developer sentiment hit by new cooling measures: survey

Outlook for Singapore's prime residential and suburban residential sectors hardest hit

Claudia Chong

Published Thu, Aug 30, 2018 · 09:50 PM

Singapore

DEVELOPER sentiment has dampened significantly following the government's announcement of new cooling measures, according to a survey conducted by National University of Singapore (NUS) and Real Estate Developers' Association of Singapore (Redas).

Outlook for the prime residential and suburban residential sectors were the hardest hit, while office, business park/hi-tech space and hotel/serviced apartment were relatively unaffected.

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