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Today's renters could turn buyers in 2016

Nomura believes the impetus to buy will come from the raising of the CPF salary ceiling and landlords' discount offers

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Leasing of private homes jumped 11.9% to about 56,000 units in 2014, despite a mere 2% increase in foreign population.

Singapore

HOME renters today could switch to buying in 2016, Nomura said in a Monday report.

More Singaporeans seem to be opting to rent their private homes these days compared to before. For those who started renting their private homes in 2014, when the time comes to renew their