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PR Newswire
13-02-2014, 10:18 AM
Focus will shift from local to oversea...
Frasers Centrepoint banking on strong overseas growth
SINGAPORE — Property developer Frasers Centrepoint’s strategy of venturing overseas will put it in a good position for further growth, given the increasingly cautious sentiment in the local property market, Group Chief Executive Lim Ee Seng said yesterday.
“We are cognizant of the overall market sentiment in the Singapore residential market, which has been affected by cooling measures,” he said, noting that in the last quarter of 2013, local private residential prices declined for the first time in two years, by 0.9 per cent.
...
http://www.todayonline.com/business/fras...eas-growth
Frasers Centrepoint banking on strong overseas growth
SINGAPORE — Property developer Frasers Centrepoint’s strategy of venturing overseas will put it in a good position for further growth, given the increasingly cautious sentiment in the local property market, Group Chief Executive Lim Ee Seng said yesterday.
“We are cognizant of the overall market sentiment in the Singapore residential market, which has been affected by cooling measures,” he said, noting that in the last quarter of 2013, local private residential prices declined for the first time in two years, by 0.9 per cent.
...
http://www.todayonline.com/business/fras...eas-growth
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