Analysts say S'pore private property market could pick up this year
http://www.channelnewsasia.com/stori...430034/1/.html
Analysts say S'pore private property market could pick up this year
By Mok Fei Fei, Channel NewsAsia | Posted: 18 May 2009 1523 hrs
SINGAPORE : Brokerage DBS Vickers said the Singapore private property market could pick up this year.
In a research report, the firm said the prices of mass market private homes are likely to rise by the second half of this year if demand continues to hold.
Mid-tier private residential homes, meanwhile, could see price stability towards the later part of the year.
However, DBS Vickers added that the high-end segment will remain subdued for at least the next few months.
The brokerage noted that developers have launched more new homes for sale in April, with buyers eyeing a wide variety of projects in different locations.
Last Friday, data released by the Urban Redevelopment Authority showed that private home sales for April remained strong, with some 1,200 units sold. - CNA /ls
jitkiat think the rally has leg
Quote:
Originally Posted by jitkiat
S&P500 futures just tested the 875 support this morning SGT time. The fact that it quickly rebounded from that level with recovery in most Asian markets points to a sustainable uptrend to retest the next resistance at 925. STI at 2400 coming soon. The biggest surprise today is Indian stock market up 17% ... :scared-5:
As always; you keep quiet when S&P have a slide below 900 last week but come and bark again when it hover at 900 now.
And you don't comment on less bullish BT like
"Cathay unit buys Parakou Building for $81.4 million"
http://www.businesstimes.com.sg/sub/...333426,00.html?
Or reference bearish BT like
"Pullback seen extending as caution reigns"
http://www.businesstimes.com.sg/sub/...333411,00.html?
I also don't know how your STI 2400 come about..