0235 GMT - Singapore's latest property cooling measures, are unlikely to have a major impact on the overall property sentiment, say Commerzbank analysts and economists in a note. The measures announced last week aims at curbing short-term property speculation and sub-sale transactions, they add. "They may only affect a minority of owners but not the majority of owner-occupants or investors," Commerzbank says. Singapore property stocks are mixed. UOL Group is down 1.1% and City Developments is 0.9% lower, while Mapletree Industrial Trust is up 0.5%. (amanda.lee@wsj.com)
(END) Dow Jones Newswires
July 06, 2025 22:35 ET (02:35 GMT)
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