#StockMarket #SG

#StockMarket #SG

■ 2H18 GLS flat h-o-h on healthy supply of private housing in the pipeline ■ Two new white sites and one new hotel site (last hotel site was awarded in 2013 ■ Land sites are largely in OCR and some in CCR; new areas include Bugis and Newton ■ Remain positive on Singapore property in the medium to long term but near-term sentiment impacted by softer 1H18 sales volume and government policy risks What’s New 2H18 GLS flat h-o-h . The government has just released 2H18 GLS of 8,040 residential units, flat h-o-h (-0.1% h-oh; -1% y-o-y), with a view that there is a healthy supply of private housing in the pipeline for demand over the next 1-2 years while it continues to monitor the market closely. Confirmed and Reserve lists stayed relatively flat h-o-h (- 2.5% h-o-h; +1.2% h-o-h respectively). Increased commercial GFA and new hotel site . In this GLS, the government added two new...

Full article: http://singaporestockmarketnews.blogspot.com/2018/06/sing...

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