19/02/2021
The recent bullish market movement (even with reduced foreign movement into Singapore) - It could be even more bullish if the airports or travelling is relaxed where foreigner can travel to SG to make more investments.
Why is this bullish sentiments?
In my opinions, this reminds me of Financial Crisis 2007-2009. We saw the stock market tumbled by 30-40% in USA. US started the first QE 2009 with an initial US$100B (if I remember correctly). 😉
The market in SG moved from March 2009 low and by September 2009, the market in SG property became bullish till the government introduced multiple cooling measures to help rein the market till 2013 June (TDSR).
Fast forward to March 2020, we saw the stock market low again in the USA. Though this time it is caused by Covid 19 and totally different from 2009 Financial Crisis, it has somehow spooked the market. This time round, the US unleashed unprecedented $2T stimulus QE (20X more than 2009), plus worldwide stimulus to their own economy. In Singapore alone, we saw our government highest budget (in recent years) allocation to help Singapore businesses and Singaporeans.
With so much liquidity in the worldwide market (people still need to spend), theses money will flow to some businesses and with the excess in profit, we may likely see more investment activities soon. Coupled with low interest environments, we can see Singapore property moving with speed.
If you interested to find out more about how I can help you in the property investment and even restructuring of portfolio, please PM me.