You are here


Muted demand for private residential properties a concern for developers, says Redas president

Chia Ngiang Hong calls on developers to look beyond short-term volatility and to invest for long-term growth

Redas president Chia Ngiang Hong says Redas has shared developers' concerns over the sluggish market with the government, which has said it is monitoring the situation.


PRICES of private residential properties may have gone up in the second quarter, but this does not reflect the true state of the market, said Chia Ngiang Hong, president of the Real Estate Developers Association Singapore (Redas) on Friday.

New home sales remain...