The property market is about to hit bottom.
Policy-battered property developers will likely heave a sigh of relief once 2015 draws to a close. Analysts expect that some cooling measures might finally be eased in 2016, which in turn might provide a much-needed boost to beaten property stocks.
Private property prices have fallen by about 8% from their peak in 2013. Analysts expect that some cooling measures will be eased once prices have fallen by 12% to 15%, which is likely to occur either in the second half of 2016 or early in 2017.