SUBSCRIBERS

Private home prices to drop 5-15% over 2016-2017: OCBC

Published Fri, Dec 18, 2015 · 09:50 PM

Singapore

OCBC Investment Research said it expects private home prices to slip 5 to 15 per cent over 2016-2017 and 2016 primary residential sales to remain muted at between 6,000 and 9,000 units.

Residential rents could also drop 8-15 per cent over two years, analyst Eli Lee said in his report on Friday.

But a price crash in excess of 20 …

KEYWORDS IN THIS ARTICLE

URA

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes

Companies & Markets

Meta releases early versions of its Llama 3 AI model
Seatrium unit ordered to pay US$108 million in arbitration over equipment supply contracts
TSMC estimates losses of US$92.4 million due to Taiwan earthquake
Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom
US: Wall St opens higher as some chip stocks bounce back after selloff
Valuations for office Reits lag counterparts, but re-rating may face uncertainty

Purchase this article

Companies & Markets

Companies & Markets

Private home prices to drop 5-15% over 2016-2017: OCBC

KEYWORDS IN THIS ARTICLE

Companies & Markets

Meta releases early versions of its Llama 3 AI model

Seatrium unit ordered to pay US$108 million in arbitration over equipment supply contracts

TSMC estimates losses of US$92.4 million due to Taiwan earthquake

Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom

US: Wall St opens higher as some chip stocks bounce back after selloff

Valuations for office Reits lag counterparts, but re-rating may face uncertainty

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

SECTIONS

LIFESTYLE

Follow BT