OPINION; Singapore home prices set for a bruising, could fall by more than 10 percent in 2014

CNBC.com, 16 Jan 2014
Singapore's home prices could fall more than expected this year and unwinding cooling measures may not staunch any damage, Nomura said.
Most analysts already expect the city-state's private home prices to decline, forecasting a peak-to-trough correction of around 10 to 15 percent through 2016, with a drop of around 5 percent this year, Min Chow Sai, an analyst at Nomura, said in a note.
But he thinks 2014's pace of decline could surprise, potentially falling more than 10 percent by the end of the year. Full story
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