Singapore property comeback seen, boosting shares of large developers
Stocks have moved higher on expectations that there could be an easing of cooling measures
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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