Singapore property curbs won’t dent home prices: Citi
August 30th, 2010
Singapore property curbs won’t dent home prices: Citi
Latest measures by Singapore to cool housing market expected to result in lower sales volume in short term, but won’t have significant impact on home prices, says Citigroup, according to Dow Jones. “With the wide spread between rental yields of mass-market properties at above 4% and mortgage rates as low as 1%, such properties remain a highly attractive investment vehicle for many seeking higher …
Read more on The Edge Singapore
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