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Today's renters could turn buyers in 2016

Nomura believes the impetus to buy will come from the raising of the CPF salary ceiling and landlords' discount offers

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Published Mon, Jun 22, 2015 · 09:50 PM

    Singapore

    HOME renters today could switch to buying in 2016, Nomura said in a Monday report.

    More Singaporeans seem to be opting to rent their private homes these days compared to before. For those who started renting their private homes in 2014, when the time comes to renew their contract in 2016, analyst Sai Min Chow believes that there will be enough impetus for them to buy instead.

    Singapore residential propertyNomura

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