S'pore home prices still falling

[brattzz]

so FEDs raising rates again soon?
this is soon becoming a bit of pressure cooking...

[SincereKen]

Raised, what's next or new 

[CY09]

Raised, what's next or new 

The weakness of Singapore property is the over reliance on foreigners. As the local population dwindles, there is less demand for housing. This means more empty units competing for foreigners to rent. Over the past few years, our foreigner numbers are still growing but slower. However housing units for rents has been increasing.

All these has resulted in lowered housing valuation and rents. This to me is a more pertinent issue than rising fed rates

[corydorus]

Even with lowering rent, the yields are still quite good. In Taiwan is like 1.2+ - 1.5% I think.

[BlueKelah]

so FEDs raising rates again soon?
this is soon becoming a bit of pressure cooking...

The funny or not so funny thing is FED may actually have to rapidly raise rates this year if hyperinflation "suddenly hits USA.

There is also a possibility of stagflation hit the US, though not many are expecting it. 

I think most people are jumping into the Trump Rally Bandwagon and still hoping for the infrastructure stimulus. But seems his new budget blueprint is cutting infrastructure and everything else in favour of boosting military and building border fence

Now even china PBOC also follow increase a bit.

I think SG properties will take further hit this year from rising rates, more reason to avoid property stocks.

[Big Toe]

If i recall correctly, for the last property cycle, it went bust and there was a very long period where prices remained flat.
Some of the ulu ECs and condos had prices comparable to HDBs. My gut feel is that we are a long way off from a significant bounce. While the rolling back of property curbs may trigger pent up demand to come into the market, the sentiments is still slightly negative. (or flat at best)

Also I think the TDSR will stay for good, it maybe relaxed but may never taken away completely. Makes a lot of sense that the loan should never exceed the borrower's ability to pay.