While the property recovery in 2017 was largely supply-led, Deutsche Bank says a continuous decline in supply, together with a recovery in demand, could significantly improve pricing power for both developers and landlords.
SINGAPORE (Jan 4): Deutsche Bank Markets Research is bullish on the Singapore property sector in 2018 on the back of improved demand and supply dynamics.
“We expect 2018 to be another strong year for Singapore property and see an acceleration in the synchronized recovery across all sub-sectors,” the research house says in a Wednesday report.
