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NUS-Redas property sentiment index at its highest since Q1 2010

It jumps to 6.1 in Q2 from Q1's 5.2 despite 'weak macroeconomic fundamentals'

Kalpana Rashiwala

Published Thu, Jul 20, 2017 · 09:50 PM

Singapore

PROPERTY market sentiment continues to improve, going by the latest reading of the quarterly sentiment index published by the developers' body and the National University of Singapore (NUS).

The current sentiment index improved to 6.1 in the second quarter from 5.2 in the first quarter. The future sentiment index also climbed, to 6.2 from 5.2 previously.

As a resu…

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