Singapore property bulls ignore MAS warning into 2018
Central bank caution on a potential oversupply may not play out for years, say money managers and analysts
Thu, Dec 07, 2017 - 5:50 AM
Signs of a revival in Singapore's property market include record prices paid for land deals, the first increase in home prices in four years, and the first gain in office rents in two-and-a-half years.
BT FILE PHOTO
PROPERTY developers in Singapore may extend their share rally into 2018 on a reviving home market, according to money managers and analysts, who say the central bank's warning on a potential oversupply may not play out for years.