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Modest private home price growth expected in Singapore

The Business Times

SINGAPORE'S private housing market is poised for modest price growth next year, amid a resilient leasing market. However, developers are expected to continue being challenged by the significant supply of unsold private housing units in the pipeline although, by some estimates, the oversupply could ease by the end of 2021.

KepLand to take 49% stake in Mumbai township JV

The Business Times

KEPPEL Land, through its wholly-owned subsidiary Lipalton, will be acquiring a 49 per cent stake in a joint venture with Indian developer Rustomjee Group to develop a 51.4ha integrated township in the Thane district of Mumbai for 4,091 million rupees (about S$78.2 million).