05.10.2012 - Singapore: Immigration is property sector's 'wild card'
Immigration is the "wild card" in Singapore's housing demand equation, according to analysts at Credit Suisse. Singapore's low birth rate and market expectations of slow immigration growth have raised questions as to whether property prices are at risk of falling amid a record housing supply pipeline, said Credit Suisse in a research note this week. "In our view, prices are likely to stay flattish as the Government attempts to balance between keeping housing affordable and not allowing prices to crash," it said, noting high property-ownership among Singaporeans...............................................Full Article: Source
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