Singapore’s property market is unlikely to be hit too hard by the concerns about an unwinding in U.S. monetary stimulus which are giving Asian asset prices a drubbing, analysts say.
Expectations that the cheap liquidity which has helped boost Asian real estate markets will come to an end with the U.S. Federal Reserve likely to start winding down its monetary stimulus soon have hit Asian risk assets hard. The sell-off in emerging markets this week has been particularly pronounced.
via CNBC
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