S'pore home prices could fall 6 pct when rates rise -Cheung Kong

Reuters, 22 Jun 2011
(Reuters) - Residential prices in Singapore may fall by up to six percent when interest rates begin rising, but the red hot housing markets in the city-state and in Hong Kong and China are unlikely to see a collapse, according to a senior executive from Cheung Kong (Holdings) .
Housing prices in Hong Kong, China and Singapore have surged this year, driven by strong economic growth and low interest rates. But this has led to worries of a bubble and forced governments to introduce policy measures to curb home prices. Full story