Singapore property stocks steady after roll-out of cooling measures

Market experts attributed to the lack of any major reaction to the fact that these measures were relatively limited and mild. PHOTO: ST FILE
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SINGAPORE - Singapore property stocks not only responded in muted fashion to the latest property cooling measures, but some even chalked up a relief rally during the Friday trading session.

City Developments, whose performance is often seen as a barometer for the property sector, closed just one cent lower at $7.60 on a volume of just 3.4 million shares.

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