81.   Singapore stocks fell yesterday, led by banks and property stocks, amid concern that an expected regional economic slowdown may hurt Singapore companies.

82.   Song said investors are now guessing how much prices of residential housing prices could fall, and that judgement will affect the prices of property stocks.

83.   Stocks fell today, led by interest-sensitive bank and property stocks on concern high interest rates would reduce profits.

84.   The first rule in selecting property stocks, then, is to look beyond the dividend.

85.   The prospect of higher interest rates pummeled property stocks.

86.   The results also boosted other property stocks.

87.   They and investors say there is demand for new property stocks but only if the companies have demonstrated a dynamic management team and a portfolio of sterling properties.

88.   To be sure, the recent rise in property stocks has worried analysts including Soon, who reckons some stocks have risen ahead of their potential to grow profits.

89.   Today, property stocks led the decline on concern about earnings as house prices fall and the government tightens restrictions on home loans.

90.   With prices up and the prospect of rising sales, Hong Kong property stocks are climbing.