Sing dollar to remain weak this year: Julius Baer
Asia research head also expects property prices to slide 10% in next 12 months
Singapore
THE one-way bet on the Singapore dollar which had a pretty good run the previous five years is gone, and with foreign investors staying away, expect private property prices to fall 10 per cent in the next 12 months, said Mark Matthews, Bank Julius Baer head of research Asia.
Singapore, the most expensive city in Asia is fast losing its lustre for many expats, noted Mr Matthews.
It is also the seventh-most expensive city to live in the world, while traditional rival H…
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