Singapore Property Rebound Just Starting as Prices Seen Jumping

bloomberg.com 10 Jan '18, 3am

Singapore Property Rebound Just Starting as Prices Seen Jumping

Credit Suisse Group AG and Morgan Stanley are calling the end of Singapore’s property downturn, after a second consecutive quarterly increase in private residential prices. Home prices may rise as much as 10 percent this year, according to analysts at Credit Suisse, while Morgan Stanley and OCBC Investment Research expect as much as an 8 percent increase, according to reports from the brokerage firms. Private residential prices rose for a second straight quarter in the period ended Dec. 31, reinforcing signs that the city-state’s property market is emerging from a four-year slump. For 2017, prices rose 1 percent compared with a 3.1 percent decline in 2016, data from the Urban Redevelopment Authority showed. Developer valuations remain attractive, according to Credit Suisse, whose top stock pick is UOL Group Ltd. due to its high exposure to Singapore and its residential mar...

Full article: https://www.bloomberg.com/news/articles/2018-01-10/singap...

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@GPropertyScene » 11 Jan '18, 1pm
Singapore property rebound just starting as prices seen jumping : Bloomberg [link]
@PropertyNetSG » 11 Jan '18, 1am
Singapore Property Rebound Just Starting as Prices Seen Jumping - Bloomberg [link]
@milsonngrealtor » 11 Jan '18, 1am
Singapore's property downturn is coming to an end, Credit Suisse and Morgan Stanley say [link]
@PDiscoveryToday » 11 Jan '18, 12am
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@PropertyUK_ » 10 Jan '18, 2pm
Singapore Property Rebound Just Starting as Prices Seen Jumping [link]
@GlobalAFinance » 10 Jan '18, 12pm
Singapore Property Rebound Just Starting as Prices Seen Jumping [link]
@PatrickLai8 » 10 Jan '18, 11am
Singapore Property Rebound Just Starting as Prices Seen Jumping [link]
@vanalich » 10 Jan '18, 8am
Singapore Property Rebound Just Starting as Prices Seen Jumping [link]
@SingaporeToBali » 10 Jan '18, 7am
Singapore Property Rebound Just Starting as Prices Seen Jumping - Bloomberg [link]
@Byron_Perry » 10 Jan '18, 6am
Singapore's property downturn is coming to an end, Credit Suisse and Morgan Stanley say [link] via @markets
@anthonysmalley » 10 Jan '18, 6am
#SingaporeProperty Rebound Just Starting as Prices Seen Jumping [link]
@alvinyhteo » 10 Jan '18, 5am
Singapore Property Rebound Just Starting as Prices Seen Jumping [link]
@SingaporeApp » 10 Jan '18, 4am
#Singapore Property Rebound Just Starting as Prices Seen Jumping [link]
@HarrySuhartono » 10 Jan '18, 3am
Singapore's property downturn is coming to an end, Credit Suisse and Morgan Stanley say [link] via @markets