{"id":70074,"date":"2017-10-26T10:40:13","date_gmt":"2017-10-26T03:40:13","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-more-upbeat-but-worry-over-possible-curbs\/"},"modified":"2017-10-26T11:04:46","modified_gmt":"2017-10-26T04:04:46","slug":"developers-more-upbeat-but-worry-over-possible-curbs","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-more-upbeat-but-worry-over-possible-curbs\/","title":{"rendered":"Developers more upbeat but worry over possible curbs"},"content":{"rendered":"


\nHome builders here have become more bullish, but they fear that the improving market conditions would result in more property curbs from the authorities, reported the Straits Times.
\nIn fact, the Real Estate Sentiment Index (RESI) show that property developers\u2019 general sentiment has improved. They also have better views on the prevailing situation as well as future prospects.
\nThis is because, the composite index, which indicates overall sentiment, rose to 6.6 in Q3 2017 from 6.1 in the prior quarter. At the same time, the present sentiment index increased to 6.5 from 6.1, while the future sentiment index climbed to 6.7 from 6.2 previously.
\nRESI was jointly developed by the Real Estate Developers\u2019 Association of Singapore (REDAS) and the Department of Real Estate at the National University of Singapore (NUS).
\n\u201cThe high sentiment scores indicate a robust and broad-based recovery especially in the residential and office property markets,\u201d said Associate Professor Sing Tien Foo from the Department of Real Estate\/Institute of Real Estate Studies at NUS.
\n\u201cThe optimistic sentiments in the third quarter were consistent with increases in recent housing transactions and en bloc sales activities in the market.\u201d
\nHowever, Sing noted that home builders are worried that the government could introduce more property cooling measures if residential prices rise significantly in the recovering market.
\nTheir research also discovered that developers are more concerned about supply-related factors like new land, fresh project launches and speculative activities.
\nIn particular, 50.8 percent of the respondents believe that rising interest rates pose the main risk to local property industry over the next six months, while 57.4 percent think that it\u2019s a downturn in the global economy.
\n36.1 percent also named a slowdown in Singapore\u2019s economy as a risk factor, whereas 34.4 percent are worried about the oversupply of new property launches here.
\nThe quarterly NUS-REDAS survey polled senior executives from property developers.
\n\u00a0
\nThis article was edited by Keshia Faculin.
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Developers more upbeat but worry over possible curbs<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Home builders here have become more bullish, but they fear that the improving market conditions...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-70074","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-iee","jetpack-related-posts":[{"id":97016,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-developers-think-that-private-condo-prices-will-fall\/","url_meta":{"origin":70074,"position":0},"title":"More developers think that private condo prices will fall","date":"August 31, 2018","format":false,"excerpt":"\r There was a reversal of market sentiment among Singapore home builders after the new property cooling measures were introduced on 6 July, reported the Business Times. In fact, the Real Estate Sentiment Index (RESI) compiled by the National University of Singapore (NUS) and the Real Estate Developers\u2019 Association of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103146,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-developers-remain-pessimistic-about-the-property-market\/","url_meta":{"origin":70074,"position":1},"title":"Singapore developers remain pessimistic about the property market","date":"January 21, 2019","format":false,"excerpt":"\r Developers remain cautious amid weakening market conditions expected in 2019. Singapore developers remain pessimistic over the state of the property market, even as the Real Estate Sentiment Index (RESI) posted a marginal uptick during the fourth quarter of 2018. Jointly developed by the Real Estate Developers\u2019 Association of Singapore\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":86320,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-sentiment-hits-record-high-in-q1-2018\/","url_meta":{"origin":70074,"position":2},"title":"Developer sentiment hits record high in Q1 2018","date":"April 24, 2018","format":false,"excerpt":"\r Many developers expect property prices to increase by 5.0 to 8.0 percent for the whole of 2018. Singapore developers have become more upbeat about the state of the property market, with the Real Estate Sentiment Index (RESI) hitting a record high since the index was launched in Q1 2010.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100382,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sentiment-among-property-developers-down-on-july-cooling-measures\/","url_meta":{"origin":70074,"position":3},"title":"Sentiment among property developers down on July cooling measures","date":"October 23, 2018","format":false,"excerpt":"\r The latest round of cooling measures were described as unexpected and surprising, as well as extremely disruptive. Property cooling measures announced in July have dampened sentiment in the property market, with the Real Estate Sentiment Index (RESI) falling sharply to 4.0 in Q3 from 6.6 in Q2, reported the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":94189,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-property-curbs-to-erode-market-confidence-says-redas\/","url_meta":{"origin":70074,"position":4},"title":"New property curbs to erode market confidence, says REDAS","date":"July 18, 2018","format":false,"excerpt":"\r The new property curbs are a \u201cbig setback\u201d for Singapore\u2019s property sector, according to the Real Estate Developers\u2019 Association of Singapore (REDAS) in a report by the Business Times. These new cooling measures will impact the confidence of property developers, investors and home buyers, said REDAS President Augustine Tan.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120284,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-expect-government-to-introduce-property-cooling-measures\/","url_meta":{"origin":70074,"position":5},"title":"More expect government to introduce property cooling measures","date":"February 10, 2021","format":false,"excerpt":"\r More expect government to introduce property cooling measuresThe quarterly survey polled around 40 to 50 senior executives in the real estate sector. The\u00a0possible risk of the government stepping in to cool the market jumped from 19.2%\u00a0in Q3 2020 to\u00a044.7% in Q4 2020. The latest Real Estate Sentiment Index showed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/02\/Singapore-slips-in-ranks-of-real-estate-investment-favourites-e1479969177648.original.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/70074"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=70074"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/70074\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=70074"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=70074"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=70074"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}