| Singapore residential property prices may fall 10-15% over the next year, according to a report by financial services group UBS. UBS include government cooling measures, which discourage foreign investment, tightened immigration laws, slowed population growth and general economic uncertainty as reasons for the projected decline.
UBS predicts there to be an oversupply of up to 150,000 houses by 2015 - a factor that further contributes to their pessimistic price projection...............................................Full Article: Source
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