However, the analyst warns that this increase could be unsustainable over the longer-term.
SINGAPORE (July 3): RHB Research sees a promising outlook for Singapore real estate in the near-term, with property prices expected to rise by as much as 20% by 2019, even as the longer-term sustainability seems uncertain.
“Overall, property prices should rebound by 10-20% over 2018-2019, as the market remains well supported by en bloc liquidity, a stable job market and pent-up demand,” says analyst Vijay Natarajan in a Monday report.
