Riding on S’pore’s market recovery


HLIB Research said the month of November saw record-breaking home sales in Singapore.

PETALING JAYA: Local property developers like IOI Properties Group Bhd (IOIProp) and Sunway Property which have exposure to the Singapore market stand to benefit from a rejuvenated market in the island-state.

In a report to clients, Hong Leong Investment Bank (HLIB) Research said the month of November saw record-breaking home sales in Singapore, highlighting a resurgence in the country’s property market.

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