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Singapore residential prices to head higher in the next two years, says DBS

PC Lee
PC Lee8/1/2017 04:02 PM GMT+08  • 2 min read
Singapore residential prices to head higher in the next two years, says DBS
SINGAPORE (Aug 1): DBS Group Research says there are multiple catalyst for Singapore residential prices to head higher in the next two years.
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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.

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