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Singapore developer sentiment shows slight bump in Q2

Market outlook for next six months also edges up from previous quarter

Nisha Ramchandani

Published Tue, Jul 28, 2015 · 09:50 PM

Singapore

THERE has been a marginal improvement in the market sentiment of real estate developers in the second quarter of this year although it remains weak, according to the latest NUS-Real Estate Developers' Association of Singapore (Redas) Real Estate Sentiment Index survey.

The Current Sentiment Index, which tracks changes in sentiment over the past six months, inched up to 3.9, from a score of 3.8 in Q1. A score below five suggests worsening market conditions, while a score above five indicates…

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