SUBSCRIBERS
Singapore property bulls ignore MAS warning into 2018
Central bank caution on a potential oversupply may not play out for years, say money managers and analysts
Add BT as a preferred sourcePublished Wed, Dec 6, 2017 · 09:50 PM
Singapore
PROPERTY developers in Singapore may extend their share rally into 2018 on a reviving home market, according to money managers and analysts, who say the central bank's warning on a potential oversupply may not play out for years.
After double-digit gains this year, Morgan Stanley sees a 42 per cent jump in shares of CapitaLand, the nation's largest developer, and a 24 per cent increase in City Developments, the second-biggest, in the next 12 months.
Share with us your feedback on BT's products and services
