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This time will not be so serious like 2008 property crash cuz currently owners are not speculative and can hold long ter...
02/04/2020

This time will not be so serious like 2008 property crash cuz currently owners are not speculative and can hold long term.

Since 2013, the government have put in place stress tests n cooling measures like:
TDSR 60%
ABSD 12%
SSD 12%
MAS 3.5% interest rates

Plus household net worth and cash reserves all time high

Add the robust SG government help, I am sure we can all survive this and emerge stronger, especially with the world 🌎 watching and realising Singapore is the safest haven to park their monies

As long anyone buying can hold for next 2 years (worst case), it will be very safe. After the worldwide virus crisis ends, expect a crazy rebound.. so catch the opportunity while it’s being presented before us

SINGAPORE — Private home prices declined in the first quarter of the year compared with the previous three months, flash estimates showed on Wednesday (April 1). But analysts say they do not expect prices to fall sharply in the coming months despite the economic slump brought about by Covid-19.

The fed rate cut and QE measures are implemented to curb the impact of the Covid19 virus. Main concern is to make the ma...
17/03/2020

The fed rate cut and QE measures are implemented to curb the impact of the Covid19 virus. Main concern is to make the market more sustainable in uncertain times.

It is a good signal to investors who are sitting on fence to take advantage of the low interest rate environment and avoid severe currency rate risk in my opinion.

Measure like these are a clear signal to indicate that the market is reaching a point (low point) where it is a major concern for the necessary action to be implemented.

The reduce of interest rates is to encourage borrowing and investment to boost economic growth. However it might also reduce purchasing power and cause inflation

Most probably would increase back after the virus stabilize

"The coronavirus outbreak has harmed communities and disrupted economic activity in many countries," the Fed said.

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