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Singapore developers' forecast: less gloomy but still moody

RESI poll shows improvement in sentiment in Q3 from Q2 but also signals deteriorating market

In Q3, 28.1 per cent of the developers expect new launches to increase moderately; 53.1 per cent expect new launches to hold at the same level in the next six months.


PROPERTY developers here might just be at the final stage of grief, easing from depression to acceptance - going by a sentiment index for the sector.

The NUS-Redas Real Estate Sentiment Index, or RESI, survey for the third quarter shows continued improvement in both...

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