Property News · October 4, 2016

Singapore’s luxury property may finally be ‘cheap’


All the obstacles facing Singapore‘s property market might not be cleared, but one dark cloud over the luxury end has disappeared, analysts said.

Singapore’s extremely-high-end properties are now cheap compared with similar luxury properties in other major capital cities, according to Brandon Lee, a property analyst at JPMorgan in Singapore.

After a 15-25 per cent drop in prime and luxury residential prices since the market peak in 2011, Singapore’s properties now…

Source : South China Morning Post
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