Morgan Stanley

Singapore's home prices rise for first time in four years

Singapore’s home prices rose for the first time in four years, snapping a record run of declines and confirming recent signs that the property market is rebounding.An index tracking private residential prices gained 0.5 percent in the three months ended September 30 from the previous quarter, according to preliminary data from the Urban Redevelopment Authority released Monday.A jump in home sales and developers’ aggressive bids for land are stoking optimism that the property market is making

2 October 2017

Singapore property prices predicted to increase by 10%

After years of declining home prices in Singapore, analysts are expecting a turnaround as early as this year even as most of the government’s property cooling measures remain in place.Singapore property prices will rise between 5 percent and 10 percent next year after bottoming out in 2017, analyst Vikrant Pandey at UOB Kay Hian said.

18 September 2017

Moody's sees Philippine growth above 6 percent

Moody’s Investors Service forecast that Philippine economic growth will exceed 6 percent until next year, and said the conflict in the south and a deadly drug war pose a rising risk but is unlikely to derail the economy.Gross domestic product will expand 6.5 percent this year and 6.8 percent in 2018, the rating company said in a statement on Friday.

15 September 2017