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 financial pressures are local Singaporean lenders facing in relation to the construction sector?

What are the expectations regarding property curbs in Singapore despite high property prices?