Singapore Builders Look for Relief

The video discusses the increasing payment delays faced by home builders in paying their suppliers, which have grown from five or six days to 104 days over two years. This issue is significant for listed builders and could lead to a 5% increase in insolvencies among builders and contractors, potentially affecting banks. The video also highlights the financial pressure on Singaporean lenders due to bad loans, which spiked in 2013, and the doubling of exposure to the property sector. Despite high property prices, easing property curbs is not expected.

What has been the trend in payment delays by home builders to their suppliers over the past two years?

• Payments have been made in advance.

• Payments have remained the same.

• Payments have become faster.

• Payments have been delayed significantly.

Who are the entities facing increased insolvency risks according to the transcript?

• Home buyers

• Suppliers

• Builders and contractors

• Developers

What is the expected percentage increase in insolvencies among builders this year?

• 15%

• 10%

• 5%

• 2%

What has been the trend in the exposure of Singaporean lenders to the construction sector?

• It has tripled.

• It has doubled.

• It has remained stable.

• It has decreased.

Why are property curbs unlikely to be eased in Singapore?

• There is a surplus of affordable housing.

• Property prices are still very high.

• The government has no control over property prices.

• The construction sector is booming.