SINGAPORE (Jan 12): RHB expects property prices to rebound by 3-7% in 2018, driven by an improving job market, strong surge in the en-bloc market and falling inventory levels.

However, a soft rental market, rising interest rates, intense competition in land sales, and risk of additional policy measures could derail a smooth recovery in the residential market.

"We upgrade the sector to Overweight from Neutral with CapitaLand and APAC Realty as our top picks," says Vijay Natarajan in a Friday report.

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