Singapore developers sound alarm as oversupply of apartments threatens property prices

Published: 3/12/2019
Singapore developers sound alarm as oversupply of apartments threatens property prices
Source: WWW.SCMP.COM

Singapore’s developers have expressed alarm over the high supply of private apartments amid slowing demand, with the glut threatening to suppress property prices.President of the Real Estate Developers Association of Singapore, Chia Ngiang Hong, said at a dinner on Monday evening that home builders are concerned about the fat pipeline and subdued demand.“We hope the government will continue to wat

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