PropNex - DBS Research 2022-09-30: Not Spared From New Cooling Measures

PropNex - Not Spared From New Cooling Measures

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PROPNEX LIMITED (SGX:OYY) | SGinvestors.ioPROPNEX LIMITED (SGX:OYY)
  • Barely a year after the last round of cooling measures announced in December 2021, the government has introduced several fresh measures to cool the property market, including new restrictions to curb quantum and taper demand.
  • Refer to the MAS-MND-HDB joint press release. This time round, the measures are more targeted at the HDB segment while the reduction in the total debt servicing ratio (TDSR) would reduce affordability and also affect the private property market. The HDB resale index has gained 5.2% since December 2021, vs a 4.2% gain for the overall private residential index.

Market leader not spared but growing sales force could help to mitigate.

  • - Read this at SGinvestors.io -
  • - Read this at SGinvestors.io -

Growing contribution from private resale and HDB segments.

  • Read more at SGinvestors.io.



Above is an excerpt from a report by DBS Group Research.
Clients of DBS may access the full PDF report @ https://www.dbs.com/insightsdirect/.



Lee Keng LING DBS Group Research | https://www.dbs.com/insightsdirect/ 2022-09-30



Read also DBS's most recent report:
2025-02-26 PropNex - Hitting A Home Run.

Previous report by DBS:
2025-01-06 PropNex - Ace Of Spades In Singapore Property.

Price targets by other brokers at PropNex Target Prices.

Listing of research reports at PropNex Analyst Reports.

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PropNex Share Price History,
PropNex Announcements,
PropNex Dividend Payout Dates & Corporate Actions,
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