{"id":66690,"date":"2017-09-18T10:29:28","date_gmt":"2017-09-18T03:29:28","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/ubs-avoiding-singapore-hk-housing-markets\/"},"modified":"2017-09-18T10:30:16","modified_gmt":"2017-09-18T03:30:16","slug":"ubs-avoiding-singapore-hk-housing-markets","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ubs-avoiding-singapore-hk-housing-markets\/","title":{"rendered":"UBS avoiding Singapore, HK housing markets"},"content":{"rendered":"


\nThe bank feels that Singapore\u2019s housing market is too heavily regulated.\u00a0
\nMultinational bank UBS is avoiding the housing markets of Singapore and Hong Kong as there is a tendency for the governments of these cities to impose property cooling measures to control rising prices, reported Bloomberg.
\n\u201cWe have no exposure in the Singapore residential market and we are very comfortable not having any exposure. Historically it\u2019s been very exposed to government policy intervention and that continues,\u201d said Graham Mackie, real estate head for Asia Pacific at UBS Asset Management.
\nSEE ALSO: Morgan Stanley: Home prices to rise by 8% in 2018 \u00a0
\nNevertheless, UBS is interested in investing in Singapore\u2019s business parks and light industrial projects, as government policies are more favourable to these segments given the authorities\u2019 goal of creating a more service-oriented economy.
\nLikewise, the financial institution is bullish on Hong Kong commercial real estate like offices and retail space, but it currently doesn\u2019t want to bet its money on the city\u2019s residential sector due to \u201csevere\u201d property curbs.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…UBS avoiding Singapore, HK housing markets<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The bank feels that Singapore\u2019s housing market is too heavily regulated.\u00a0 Multinational bank UBS is...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-66690","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-hlE","jetpack-related-posts":[{"id":111471,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-housing-market-remains-in-fair-valued-zone\/","url_meta":{"origin":66690,"position":0},"title":"Singapore housing market remains in fair-valued zone","date":"October 9, 2019","format":false,"excerpt":"\r \u00a0 Singapore was cited as the country with the most improved housing market with regard to affordability. The cooling measures, declining population growth, and expected economic downturn are three factors that have caused prices to stagnate and lower number of transactions.\u00a0\u00a0 Singapore\u2019s housing market retains its position in the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2019\/10\/UBS-Global-Real-Estate-Bubble-Index-2019.png?fit=559%2C305&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":27465,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-has-least-affordable-housing-remains-at-risk-of-bubble-says-ubs\/","url_meta":{"origin":66690,"position":1},"title":"Hong Kong has least affordable housing, remains at risk of bubble, says UBS","date":"September 27, 2016","format":false,"excerpt":"\r Hong Kong has the least affordable housing among global financial centres featured in a study by UBS, and is at risk of a bubble, despite prices dipping slightly since last year. The city\u2019s residential property has the highest price-to-income among the 18 financial hubs surveyed in the annual UBS\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":67694,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/toronto-london-and-these-other-major-housing-markets-are-in-a-risky-bubble-ubs-says\/","url_meta":{"origin":66690,"position":2},"title":"Toronto, London and these other major housing markets are in a risky bubble, UBS says","date":"September 28, 2017","format":false,"excerpt":"\r In at least seven major cities, home prices are rising too far and too fast, UBS says.\r \r Source : cnbc.com\r Read more...Toronto, London and these other major housing markets are in a risky bubble, UBS says","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10916,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-is-looking-sweet-as-foreign-investors-turn-away-from-hong-kong-amid-rising-china-political-influence-ubs-says\/","url_meta":{"origin":66690,"position":3},"title":"Singapore is looking sweet as foreign investors turn away from Hong Kong amid rising China political influence, UBS says","date":"April 19, 2016","format":false,"excerpt":"\r New foreign real estate investors may turn their attention away from Hong Kong to other developed markets such as Singapore in a bid to remove uncertainties that include political influence from China, says UBS Asset Management\r \r Source : South China Morning Post\r Read more...Singapore is looking sweet as\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61626,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/australian-housing-market-at-risk-of-crash-according-to-ubs-research\/","url_meta":{"origin":66690,"position":4},"title":"Australian housing market at risk of crash according to UBS research","date":"July 24, 2017","format":false,"excerpt":"\r Any sharp action by the country's central bank could trigger a sharp end to a multi-year boom in property prices.\r \r Source : cnbc.com\r Read more...Australian housing market at risk of crash according to UBS research","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":66694,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housing-market-on-road-to-recovery-say-experts\/","url_meta":{"origin":66690,"position":5},"title":"Housing market on road to recovery, say experts","date":"September 18, 2017","format":false,"excerpt":"\r Developer sales for the first eight months of this year has surpassed last year\u2019s total sales.\u00a0 Singapore\u2019s residential market appears to be rebounding, with private home sales reaching about 8,391 units for the first eight months of this year, surpassing the 7,972 units sold for the whole of 2016,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/66690"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=66690"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/66690\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=66690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=66690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=66690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}