Curb your enthusiasm for Singapore property: Bloomberg Gadfly

SINGAPORE (Jan 16): What's not to like about Singapore's property market?

Sales in 2017 touched a four-year high. Developers paid homeowners $8.5 billion -- the most since 2007 -- to vacate their homes so new apartment complexes could be built. Prices have stopped falling, and Credit Suisse Group AG expects them to rise between 5% and 10% this year.

Even Peter Churchouse, a Hong Kong-based guru of all things real estate, is telling readers of his newsletter that one of his favorite property markets is "coming back to life."

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