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CapitaLand, KepLand likely to benefit from Beijing's rate cut

The Singapore developers stand to gain from their exposure to the Chinese residential market

Published Tue, Nov 25, 2014 · 09:50 PM

Singapore

TWO Singapore developers CapitaLand and Keppel Land are touted by analysts as potential beneficiaries of Beijing's latest lending rate cut, given their exposure to the Chinese residential market.

A targeted relaxation of mortgage rates and home purchase restrictions in China this year, coupled with the lowering of interest rates, could make housing more affordable and boost buyer sentiment ahead, analysts reckon.

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