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Singapore's main index edged lower, with property stocks bearing the brunt on market worries the government might come up with new measures to rein in the buoyant residential property sector.

The benchmark Straits Times Index <.FTSTI. Asian markets eased due to euro zone debt woes.

Shares of CapitaLand, Southeast Asia's > was down 0.5 percent to 2,978.1 points, after a higher openlargest property developer, fell 1.4 percent, while its rival City Developments Ltd shed 1.4 percent.

Among gainers, K-REIT Asia gained 3.2 percent to S$0.97, its highest in six months, boosted by a doubling of first quarter distribution per unit and upbeat broker reports.

1405 (0605 GMT)

(Reporting by Harry Suhartono in Singapore;harry.suhartono@thomsonreuters.com)

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13:09 STOCKS NEWS SINGAPORE-Strong property sales heighten policy risk

Brokers expect booming private residential property sales in Singapore, especially in the mass market segment, to result in the government imposing another round of tightening measures.

"The bulk of the strong volumes represent demand for small mass market units that are substantially investment-driven in our view," CIMB Research said.

Link:
STOCKS NEWS SINGAPORE-Property shares fall after strong data