{"id":74222,"date":"2017-12-11T10:26:46","date_gmt":"2017-12-11T03:26:46","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-prices-to-rise-8-in-2018-morgan-stanley\/"},"modified":"2017-12-11T11:03:01","modified_gmt":"2017-12-11T04:03:01","slug":"home-prices-to-rise-8-in-2018-morgan-stanley","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-prices-to-rise-8-in-2018-morgan-stanley\/","title":{"rendered":"Home prices to rise 8% in 2018, Morgan Stanley"},"content":{"rendered":"


\nWith an \u201cup-cycle\u201d for Singapore property expected to last until 2020, Morgan Stanley sees home prices rising by as much as eight percent next year, reported Bloomberg.
\nSigns of revival in the property market include the first hike in home prices in four years, record land deal prices, and the first gain in office rents in two-and-a-half years.
\nSEE ALSO:\u00a0Analysts: Home prices to rise 10% next year
\nAnd while the Monetary Authority of Singapore has tempered the buoyant sentiment by flagging the risk of rising vacancies on the back of slowing population growth, Singapore developers are still expected to extend their share rally into next year.
\nMorgan Stanley property analysts Wilson Ng, who has \u201coverweight\u201d ratings on City Developments (CDL) and CapitaLand, noted that developers\u2019 valuations are attractive based on discounts to net asset value as well as price-to-book ratios.
\nMorgan Stanley expects CDL and CapitaLand\u2019s shares to jump 24 percent and 42 percent, respectively, in the next 12 months.
\nAnalysts believe that the risk of housing oversupply may not be imminent due to the lead time needed to finish projects.
\nThe government has only started to increase land supply recently, noted Raj Vaswani, a director of the Tolaram family office in Singapore, as such, the resulting developments are not expected to enter the market before 2020.
\nHis firm, which manages US$500 million (S$676 million), owns shares in Singapore-listed developers CapitaLand, Guocoland and Frasers Centrepoint.
\nHowever, not everyone is bullish on the housing market.
\nKGI Securities (Singapore) trading strategist Nicholas Teo said many factors could weigh on home prices\u2019 sustainable rally, such as weakness in rental demand, rising vacancy rates and the prospect of increasing global interest rates.
\nAside from this, some stringent home purchase restrictions are still in place in Singapore, which could limit the possibility of runaway house prices.
\n\u00a0
\nThis article was edited by Keshia Faculin.
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Home prices to rise 8% in 2018, Morgan Stanley<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

With an \u201cup-cycle\u201d for Singapore property expected to last until 2020, Morgan Stanley sees home...<\/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-74222","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-jj8","jetpack-related-posts":[{"id":66800,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/analysts-home-prices-to-rise-10-next-year\/","url_meta":{"origin":74222,"position":0},"title":"Analysts: Home prices to rise 10% next year","date":"September 19, 2017","format":false,"excerpt":"\r More redevelopment deals and increased foreign buying interest is expected to drive demand for Singapore homes. Fuelled by redevelopment deals and an increase in foreign buying, UOB Kay Hian expects home prices in Singapore to bottom out this year and climb by five to 10 percent in 2018, reported\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76296,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-property-market-rebound-may-extend-through-2019\/","url_meta":{"origin":74222,"position":1},"title":"Singapore property market rebound may extend through 2019","date":"January 11, 2018","format":false,"excerpt":"\r Analysts believe the four-year slump that has plagued Singapore\u2019s property market may have come to an end as private home prices rose for a second consecutive quarter in the period ended-31 December. In fact, analysts at Credit Suisse expect home prices to grow by as much as 10 percent\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":66838,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-property-could-see-double-digit-rise-in-2018-analysts-say\/","url_meta":{"origin":74222,"position":2},"title":"Singapore property could see double-digit rise in 2018, analysts say","date":"September 19, 2017","format":false,"excerpt":"\r After years of declining home prices\u00a0in Singapore, analysts are expecting a turnaround as early as this year even as most of the government\u2019s property cooling measures remain in place. Singapore property prices will rise between 5 per cent and 10 per cent next year after bottoming out in 2017,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99832,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/morgan-stanley-expects-home-prices-to-increase-amidst-curbs\/","url_meta":{"origin":74222,"position":3},"title":"Morgan Stanley expects home prices to increase amidst curbs","date":"October 15, 2018","format":false,"excerpt":"\r Housing prices in Singapore are expected to increase by up to 10 percent by the end of next year. Despite the new housing curbs, Morgan Stanley expects home prices in Singapore to increase by up to 10 percent by end-2019 and to double by 2030, reported Bloomberg. Morgan Stanley\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":79850,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-prices-could-increase-by-10-this-year-says-capitaland-ceo\/","url_meta":{"origin":74222,"position":4},"title":"Home prices could increase by 10% this year, says CapitaLand CEO","date":"February 14, 2018","format":false,"excerpt":"\r Rising sales and prices indicate an end to the four-year slump for Singapore\u2019s housing market. CapitaLand CEO Lim Ming Yan expects home prices in Singapore to increase by as much as 10 percent this year \u2013 a view which is in line with other forecasts, reported Bloomberg. Analysts at\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":66050,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/morgan-stanley-home-prices-to-rise-by-8-in-2018\/","url_meta":{"origin":74222,"position":5},"title":"Morgan Stanley: Home prices to rise by 8% in 2018","date":"September 11, 2017","format":false,"excerpt":"\r The optimistic outlook for the property market is partly due to the slew of en bloc deals since May 2017. Morgan Stanley has released the most bullish forecast for the Singapore housing market, expecting private home prices to increase by two percent this year, before rising again by another\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\/74222"}],"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=74222"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/74222\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=74222"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=74222"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=74222"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}