[sgbuffett]

STI index now 3269.

It will cross 3300 in coming days.

After that another 12% will take it to new highs.

I expect property counters to lead this rally. Why.

Property prices is at all time high it make no sense for the property stocks to keep sleeping at massive discounts to book value.

Govt measures also mean the prices are sustainable.

Property is prime beneficiary of low interest rates which has 2 sides, it lowers the cost of debt for developers and create demand at a higher price point .

I am looking closely at property counters.