[In the latest Real Estate Sentiment Index (RESI) survey, the Composite Sentiment Index that captures the overall market sentiment of property developers increased to 4.0 in the fourth quarter of 2013, up from 3.9 in the third quarter.
The Future Sentiment Index also edged up to 4.0 from 3.9 over the same period.
In this index, developed by the Real Estate Developers' Association of Singapore (Redas) and the National University of Singapore, a score under five is a flag for deteriorating market conditions.]
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