{"id":76296,"date":"2018-01-11T09:05:26","date_gmt":"2018-01-11T02:05:26","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-property-market-rebound-may-extend-through-2019\/"},"modified":"2018-01-11T10:03:12","modified_gmt":"2018-01-11T03:03:12","slug":"singapore-property-market-rebound-may-extend-through-2019","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-property-market-rebound-may-extend-through-2019\/","title":{"rendered":"Singapore property market rebound may extend through 2019"},"content":{"rendered":"


\nAnalysts 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.
\nIn fact, analysts at Credit Suisse expect home prices to grow by as much as 10 percent in 2018, while OCBC Investment Research and Morgan Stanley expect an eight percent hike, reported Bloomberg.
\nData from the Urban Redevelopment Authority showed that prices increased one percent in 2017 compared with a 3.1 percent drop in 2016.
\nDeveloper valuations also continued to be attractive, said Credit Suisse.
\nThe firm named UOL Group Ltd \u2013 one of two developers considered by OCBC with the best prospects \u2013 as its top pick due to its high exposure to the city-state as well as its residential market. City Developments Ltd, on the other hand, emerged as the favourite of Morgan Stanley and one of OCBC\u2019s best picks.
\nCredit Suisse expects collective sales, which was valued at $8.3 billion in 2017, to continue to enhance the property market this year.
\nFor 2018, home sales may increase 40 percent, said Morgan Stanley, noting that the housing recovery may extend through 2019.
\nAnd while potential government cooling measures may pose risk, such move could be premature since the market is only two quarters into a recovery, it added.
\nOCBC predicts new home sales to stand between 12,000 and 15,000 units in 2018, while rental prices may increase by five to 10 percent.
\n\u00a0
\nThis article was edited by Keshia Faculin.
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Singapore property market rebound may extend through 2019<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Analysts believe the four-year slump that has plagued Singapore\u2019s property market may have come to...<\/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-76296","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-jQA","jetpack-related-posts":[{"id":79850,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-prices-could-increase-by-10-this-year-says-capitaland-ceo\/","url_meta":{"origin":76296,"position":0},"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":39779,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/owners-of-united-engineers-said-to-be-mulling-sale\/","url_meta":{"origin":76296,"position":1},"title":"Owners of United Engineers said to be mulling sale","date":"January 6, 2017","format":false,"excerpt":"\r UEL\u2019s large portfolio of properties includes shopping centres, hotels and condominiums. (Photo: Wikimedia Commons) The biggest stakeholders of United Engineers Limited (UEL), which has a market capitalisation of $1.7 billion, have officially begun evaluating buyer interest in the 105-year-old Singapore property conglomerate, reported Bloomberg, citing sources privy to the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95567,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-home-prices-to-drop-by-up-to-10-following-new-curbs\/","url_meta":{"origin":76296,"position":2},"title":"Singapore home prices to drop by up to 10% following new curbs?","date":"August 7, 2018","format":false,"excerpt":"\r Local banks reckon home prices will fall following the latest round of cooling measures. Singapore banks expect home prices to fall along with home loan activity, following the introduction by the government of its latest round of property cooling measures. UOB chief Wee Ee Cheong revealed that his \u201cgut\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107209,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/yanlord-land-remains-bullish-despite-dismal-q1-results\/","url_meta":{"origin":76296,"position":3},"title":"Yanlord Land remains bullish despite dismal Q1 results","date":"May 17, 2019","format":false,"excerpt":"\r OCBC Investment Research still expects to see an \u201cimprovement for the rest of the financial year\u201d, despite a fall in gross revenue and profit.\u00a0 Yanlord Land Group had a disappointing start as gross revenue and gross profit fell 49.6 percent and 61.4 percent year-on-year in the first quarter of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120539,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/allgreen-kerry-joint-ventures-secure-861-75mil-green-loan-for-pasir-ris-8\/","url_meta":{"origin":76296,"position":4},"title":"Allgreen-Kerry joint ventures secure $861.75mil green loan for Pasir Ris 8","date":"July 8, 2021","format":false,"excerpt":"\r Allgreen-Kerry joint ventures secure $861.75mil green loan for Pasir Ris 8Artist\u2019s impression of Pasir Ris 8.\u00a0Photo: Allgreen Properties Ltd. Two of Allgreen Properties and Kerry Properties\u2019 70:30 joint ventures (JVs) \u2013 Phoenix Residential and Phoenix Commercial \u2013 have obtained an $861.75 million green loan from Maybank, OCBC Bank and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/07\/pasir-ris-8-artist-impression.jpeg?fit=820%2C405&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":56566,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/united-engineers-picked-perennial-for-final-talks-on-buyout\/","url_meta":{"origin":76296,"position":5},"title":"United Engineers picked Perennial for final talks on buyout","date":"June 1, 2017","format":false,"excerpt":"\r \u00a0 Edging out other suitors including SingHaiyi Group Ltd and KKR & Co., Perennial Real Estate Holdings Ltd is said to have been chosen by the largest shareholders of United Engineers Ltd to acquire the property group, reported Bloomberg citing people with knowledge of the matter. In fact, an\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\/76296"}],"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=76296"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/76296\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=76296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=76296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=76296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}