Citywire, 31 Mar 2010
There is a growing consensus that Hong Kong and Singapore are poised for recovery this year, with forecasts for GDP growth in the region of around 7% for 2010 in Singapore alone.
Investors looking for strong income growth should benefit from what is expected to translate into stronger demand for property and particularly office space in both regions, with managers arguing that office sector prices are still at relatively low levels.
While property share prices remain relatively depressed, yield from rental income is starting to rise markedly in hotspots such as Singapore and Hong Kong. Full Story