Property Market Sentiments

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Sentiment over real estate dips further
SENTIMENT in the real estate market continued to weaken in the second quarter
The Business Times - July 11, 2013
By: Mindy Tan


SENTIMENT in the real estate market continued to weaken in the second quarter.

The composite sentiment index, indicating overall market sentiment, stood at 4.5 for the quarter, down from 4.8 in Q1. A score under five means deteriorating market conditions and one above five, improving conditions.

The Real Estate Sentiment Index (RESI), compiled from a poll done among members of the Real Estate Developers' Association of Singapore (Redas), measures current and future sentiments about real estate development and market conditions here.

The current sentiment index was 4.7 for Q2, down from 4.8 in the first; the future sentiment index fell to 4.4 from 4.8

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Real Estate Sentiment Index (RESI)
http://www.redas.com/doc/RESI_Report_2Q13_(Final).pdf[