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Shadow over HK real estate puts Singapore property stocks ahead

Shares of Singapore real estate owners and developers have outperformed this year, gaining 33% in their first rally after four years of declines.


HONG Kong's property stocks are cheaper than Singapore's, although not cheap enough to account for the risk that the world's least affordable city could have a housing crash.

That is according to analysts and money managers from Nomura Holdings Inc to Janus Henderson

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