SINGAPORE (Aug 1): DBS Group Research says there are multiple catalyst for Singapore residential prices to head higher in the next two years.
DBS also expects developers to pump more capital into the local property market which is ending a period of oversupply amid a stable environment.
“We believe a sustained rise in sales volume post a strong 47% rebound in sales in 1H17 will set the stage for developers raising prices,” says lead analyst Derek Tan in a Tuesday report entitled More (land)bank for the buck.
For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
