Property Market Sentiments

[piggo]

I do a quick Google on rental yield for a few countries and here's what i found.

Gross Rental Yields - Taiwan Compared to Continent
Philippines 7.51%
Singapore 2.83%
Hong Kong 2.82%
India 2.22%
Taiwan 1.57%

What this mean is rental yield has much smaller impact considering Taiwan has only 1.57% whereas Singapore is high 2.83% and S$ currency is stronger than theirs. So I feel for Singapore, Jobless rate will be a key driver and we already see some impact since last year.

The rental yield has to be adjusted by inflation to get the real yield for a better comparison

Just my 2cts

I did add currency strength which should mitigate some.  Taiwan and SG currencies are relatively stable between themselves.

Currency strength has nothing to do with inflation... Taiwan is ~2% while Singapore is almost zero. Also will need to take into account the interest rates... comparing gross yield adjusted for currency strength doesn't prove much. Anyway, The Economist already made this rather nifty chart <6 months ago.