Prices of high-end homes bottoming out: JPMorgan

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.

A list of s…