Singapore developers feel the heat as China’s property woes continue

Singapore’s developers are taking hits as China’s property downturn drags into another year, with declining rents, emptier buildings and falling values weighing on their results. But analysts say Beijing’s huge market and recent policy support mean most investors are unlikely to pull back entirely, instead becoming far more selective about where they invest. Recent earnings from several Singapore developers show the pressure building across their China portfolios, even as investors watch for...

By Kolette Lim