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.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
DBS customers unable to log into Digibank, PayLah! on Thursday
Japan’s Sumitomo Corp net profit down 32% on Madagascar one-off loss
Moody's tops quarterly profit estimates on strong product demand
Hong Kong regulator brings insider trading charges against Segantii and its founder
Novartis to buy radiology specialist Mariana Oncology for US$1 billion
Moderna beats quarterly estimates as cost-cutting pares losses