Singapore's Property Cooling Measures May Not Impact Sentiment -- Market Talk
Dow Jones
Jul 07, 2025
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)
Copyright (c) 2025 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.