Singapore Property Set for Rebound
Vikrant Pandey, Analyst, UOB Kay Hian
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Recent data indicating a pick-up in transaction volume signals a potential turnaround for Singapore's property market. Vikrant Pandey, Analyst at UOB Kay Hian thinks the market has over-discounted the negative prospects for the residential segment, and a correction in prices is expected soon. His top stock picks include City Developments, Capitaland and Wing Tai.
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Tags: Singapore property, interest rates, transaction volume, cooling measures, Market Watch