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Declining affordability, high inventory to be a drag on property prices

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Declining affordability, high inventory to be a drag on property prices

PC Lee Published on Fri, Dec 16, 2016 / 11:45 AM GMT+8

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SINGAPORE (Dec 16): CIMB expects the affordability of Singapore homes next year to be eroded on the back of higher mortgage rate as interest rates inch up further.

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