SG Talk

Above is 3 months SIDOR based on this we can see historic housing loan average is around 5%.

Today people are buying $1M property like it is nothing...but 1M is price of HDB ...condo is like $2M for a family size unit.

At 5% interests is $50K-75K a year depending on how much you borrow.

Don't you think rising rates has ab impact on housing price?

what if 8% ????

It will slow down the purchase of house

Less property speculation

Will make HDB KBKB

But the poor people have more rooms to rent out

3% and property will kaput.

Prepare buy from loan delinquent

"Honey, I shrink the kids" - shoebox size becomes mouse box size.

dont buy physical properties if crash, buy property stocks instead. can cash out much faster!!

Just email bank to pay off my car loan…