Which developer stands to benefit from improving residential property sentiment?

SINGAPORE (Dec 8): The resurgence in volume growth and residential sentiment in the recent quarters is leading Credit Suisse to believe that these are an important first step towards a sustainable recovery in Singapore’s property sector.

Lead analyst Louis Chua believes that the market is now beyond peak supply, with 2017 supply tapering to 13,284 units, in line with historical average.

“Importantly, total unsold units have declined to an all-time low of 22,502 units, with rising sales momentum supportive,” says Chua.

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