Residential Property

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
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UBS shuns Singapore, Hong Kong housing market

The threat of government curbs to tame prices makes Singapore and Hong Kong residential property unattractive, the regional head of UBS Group AG’s real-estate investment arm said.“We have no exposure in the Singapore residential market and we are very comfortable not having any exposure,” Graham Mackie, head of real estate for Asia Pacific at UBS Asset Management, said in an interview.

15 September 2017
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