Watch what they do, not what they say

Jurong West EC site and Bedok mixed-use tenders presage bumpier ride ahead The Real Estate Developers’ Association of Singapore (Redas) elicited much controversy when it launched its Real Estate Sentiment Index (Resi) for Q2 2010. Sceptics questioned the credibility of developers as they would have a natural vested bias towards generating positive sentiment, which would [...]

Real Estate Sentiment Index shows property market likely to worsen

A NEW index tracking the property market shows that developers and other industry players remain positive but believe conditions will cool down from the bullish levels seen in recent months. More developers also believe the slowing global economy and an increased supply of new development land may hit market sentiment over the next six months. [...]