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Alibaba-backed Easyhome to float new retail unit in RMB$38.3b reverse merger[SHANGHAI] Alibaba-backed home improvement chain Easyhome will take its new retail arm public via a deal worth up to US$5.65 billion with a Chinese state-backed listed retail conglomerate, showed stock exchange statements published late on Thursday. Read more at The Business Times.
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Singapore developers remain pessimistic about the property marketPotential risk factors include too many property launches, rising inflation/interest rate and a decline in the global economy...
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Singapore private property market set to face demand tests in 2019THE private residential property market here could face some demand tests ahead as higher interest rates and heftier duties from the authorities' cooling measures weigh on buyers' wallets. Read more at The Business Times.
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Singapore Property Market Seeing Unprecedented Mortgage SlowdownRising interest rates and the recent cooling measures have put the brakes on mortgage demand at Singapore’s banks.
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