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Singapore property comeback seen, boosting shares of large developers

Stocks have moved higher on expectations that there could be an easing of cooling measures

Published Thu, Jan 26, 2017 · 09:50 PM

Singapore

YES, you heard it right - Singapore's home prices are set to make a comeback after a three-year losing streak. And analysts think property developer stocks are the best way to play that rebound.

Amid a restructuring push to boost a slowing economy, the government could signal its intention to reconsider property cooling measures as early as the budget speech in February, Carmen Lee, head of research at Oversea-Chinese Banking Corp said in an interview.

That promises to boost the city-state's larg…

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