Singapore Property Market May Reach Bottom Before Hong Kong
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Private residential housing stands in the Serangoon Gardens Estate, foreground, in Singapore, on Thursday, June 25, 2015. Singapore’s home prices dropped for a seventh consecutive quarter, the longest losing streak in 13 years, as tighter mortgage curbs cooled demand in Asia’s second-most expensive housing market.
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LaSalle has been stepping back from Hong Kong property
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Manager sees opportunities investing in China, Japan logistics
Singapore’s property market may be closer to a bottom than Hong Kong, according to LaSalle Investment Management, which oversees more than $58 billion in real estate funds.
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…
Singapore Property Market May Reach Bottom Before Hong Kong
