As you are aware, the Singapore government has enacted several measures to help create a more stable, sustainable and non-speculative property market. The government’s efforts, as we believe is to create a more stable property market that benefits us in the long run. The demand for properties in Singapore will continue, given its physical size and the government’s emphasis on population growth and
other economic measures that will have a positive impact on property demand.
For us, our ongoing challenge is continue to design, develop and deliver value-for-money projects that consumers will want to buy, taking into account their changing needs and lifestyle aspirations. On the whole, we are cautiously optimistic that our company will benefit in terms of improving overall market
sentiment and which in turn will have a positive effect to sustain the demand for properties and in particular, those that we develop.
