Singapore Stock Market News
Singapore Property - Quiet August
StockFanatic
Publish date: Wed, 16 Sep 2015, 04:30 PM
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Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
■ Aug primary home sales of 961 units (495 units excl ECs) higher yoy, lower mom
■ Expect transaction volumes to remain lacklustre and prices to decline 5% yoy in 2015, with rising new inventory and declining rental yields
■ Valuations are attractive, with sector trading at a 44% discount to RNAV, at the low-end of the 3-year discount range
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