Singapore's Residential Property Sector Could See Fewer Transactions -- Market Talk

Dow Jones

04/24

0310 GMT - Singapore's residential real estate sector could face a slowdown in transactions for the rest of the year, says Shekhar Jaiswal, head of equity research at RHB Singapore. The sector's positive market sentiment may cool, partly due to President Trump's recent tariff policy announcements, he says in a report. He expects sell-through rates for launch weekends to fall to a more modest 20%-50% range, compared to above 70% sell-through rates seen in opening weekends for some of the new launches in 4Q 2024 to 1Q 2025. (amanda.lee@wsj.com)

(END) Dow Jones Newswires

April 23, 2025 23:10 ET (03:10 GMT)

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