Prices of high-end homes bottoming out: JPMorgan
Volume has picked up, foreign interest has returned, and pricing is competitive with global markets, says report
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Singapore
PRICES of high-end residential homes are bottoming out on the back of a host of reasons such as a significant volume pick-up, return in foreign interest, relatively cheaper pricing compared to global peers and a limited supply in the medium to long term.
This is according to the projections of JPMorgan, the latest among market watchers to call for a bottom in the high-end segment here.
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