ANALYSIS: Cautious response to Jalan Tembusu GLS amid new regulations
The introduction of new regulations has brought a cautious response to the Jalan Tembusu Government Land Sales (GLS) project. Analysts are taking a careful approach due to uncertainties surrounding the property market. While these regulations aim to curb excessive speculation, developers and investors are treading carefully amidst the evolving landscape of the industry. The outcome of this project will undoubtedly be influenced by these new measures, adding more anticipation to an already cautious atmosphere.