SINGAPORE (Dec 10): Credit Suisse expects Singapore GDP growth to remain lacklustre, reflecting a weaker outlook for China and Asean, as well as lower trend growth with domestic restructuring.

The bank expects government measures in the property, transport and telecommunication sectors to be closely watched.

“We believe a further 5%-10% decline in property prices would set the stage for an easing of property cooling measures in 2H16, driving an improvement in sentiment for developers,” it says.

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