Morgan Stanley sees 8% home price hike in 2019 despite cooling measures

Singapore

MORGAN Stanley has predicted an 8 per cent increase in private home prices in 2019 despite cooling measures introduced in July to tame the market, a projection that stands in stark contrast to other research houses' much tamer outlook.

The investment bank foresees a 2 per cent price increase each quarter in 2019, the bank said in a research note on Friday.