|
Coffee Shop Talk of a non sexual Nature Visit Sam's Alfresco Heaven. Singapore's best Alfresco Coffee Experience! If you're up to your ears with all this Sex Talk and would like to take a break from it all to discuss other interesting aspects of life in Singapore, pop over and join in the fun. |
|
Thread Tools |
#1
|
|||
|
|||
Serious S'pore property prices to double by 2030: Morgan Stanley. Still don't buy? Hu
An honorable member of the Coffee Shop Has Just Posted the Following:
http://news.asiaone.com/news/busines...morgan-stanley Singapore property prices to double by 2030: Morgan Stanley The protracted downtrend in Singapore's property market is poised to end next year, with home prices set to double by 2030, Morgan Stanley said in a Wednesday note. In early March, the government scaled back some of the curbs, including lowering the seller's stamp duty and shortening the minimum holding period to avoid it. Morgan Stanley said that was a signal the property market was closer to the bottom, which should improve buyer sentiment. There were signs buyer sentiment has already picked up: One recent launch, Park Place Residences, sold its entire phase one, initially set at 40 per cent of the 429-unit total before being raised to 50 per cent, within a day. The bank expected sales volume would surge this year, with the increases in transaction volumes to spur prices higher next year. Supply was also set to decline, the bank noted. From 2014-16, private residential supply added around 20,000 units a year, twice the historical average since 1990, it noted. But in 2017-18, supply levels were set to fall 40 per cent each year, it said. The property market in Singapore can be closely watched for economic and investment implications. Morgan Stanley noted that around 91 per cent of Singapore's resident households own their homes, with residential property around 45 per cent of total household gross assets last year. Additionally, Asian investors tend to have large allocations to property in their portfolios. Click here to view the whole thread at www.sammyboy.com. |
Advert Space Available |
Bookmarks |
|
|
t Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Serious S'pore property prices to double by 2030: Morgan Stanley. Still don't buy? Hu | Sammyboy RSS Feed | Coffee Shop Talk of a non sexual Nature | 0 | 15-04-2017 07:30 PM |
Serious Spore property prices to double by 2030: Morgan Stanley. Still don't buy? Hua | Sammyboy RSS Feed | Coffee Shop Talk of a non sexual Nature | 0 | 15-04-2017 07:30 PM |
Serious S'pore property prices to double by 2030: Morgan Stanley. Still don't buy? Hu | Sammyboy RSS Feed | Coffee Shop Talk of a non sexual Nature | 0 | 15-04-2017 05:40 PM |
Serious Spore property prices to double by 2030: Morgan Stanley. Still don't buy? Hua | Sammyboy RSS Feed | Coffee Shop Talk of a non sexual Nature | 0 | 15-04-2017 05:40 PM |
Serious S'pore property prices to double by 2030: Morgan Stanley. Still don't buy? Hu | Sammyboy RSS Feed | Coffee Shop Talk of a non sexual Nature | 0 | 15-04-2017 05:20 PM |