The Singapore's property market may be closer to a bottom than Hong Kong’s, according to LaSalle Investment Management.
The Governments in Asia’s two most expensive residential markets have imposed curbs in recent years to tame prices and improve affordability. As demand has dropped amid a slowdown in the region’s economies, home prices in both cities are in the midst of a correction.
A turning point in Singapore’s property cycle “is probably closer and more advanced than Hong Kong".
By TODAY
PUBLISHED: 4:15 AM, MAY 28, 2016
Read more at http://www.todayonline.com/business/spore-property-may-bottom-out-hk-says-lasalle
The Governments in Asia’s two most expensive residential markets have imposed curbs in recent years to tame prices and improve affordability. As demand has dropped amid a slowdown in the region’s economies, home prices in both cities are in the midst of a correction.
A turning point in Singapore’s property cycle “is probably closer and more advanced than Hong Kong".
By TODAY
PUBLISHED: 4:15 AM, MAY 28, 2016
Read more at http://www.todayonline.com/business/spore-property-may-bottom-out-hk-says-lasalle
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