You are here

Half of developers likely to cut prices of Singapore new launches

54% in survey see 2-5% new sale price fall in 2020, 46% expect 5-8% slide in resale prices in 2020

Singapore

THE sentiment of local property developers has dived, with half of them likely to lower the selling prices of their new launches in the next six months.

This is according to the latest Real Estate Sentiment Index (Resi), published by the National University of Singapore...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes