Daily Briefing: Only 5% of Singaporeans plan to buy property now; HDB resale volume crashes to 10-year low

And KOI Cafe apologises after customer complaint video goes viral.

With developers rushing to launch or re-launch new and existing projects ahead of the festive season, the Saturday after the Hari Raya Haji public holiday saw twenty-two property advertisements in the Straits Times marketing local property projects. View more here.

HDB resale volume is expected to hit to a 10-year low this year at around 16,500 to 17,000 units, while resale prices are expected to drop by as much as seven percent, according to PropNex and reported in the media. View more here.

Popular bubble tea franchise KOI Café posted an apology on its Singapore Facebook page Sunday after a customer’s videocomplaint about service at one of KOI Express’ branches went viral. View more here.