Property Views

[MrsKiasu]

Dunno leh…now some says employees mkt now means holding power is there ba…


Just thinking only…last time when we bought our place the anticipated interest rate was 4.5% once TOP if I remember correctly…just that over time due to economy up and down we have been enjoying favourable interest rate and now is anticipating it to go away, therefore causing some of us (me included lol) abit ganjiong?

In general the loan quantum then should be lower than now I think…

[Estéema]

I’m not expecting property prices to drop coz many are moving away fr the volatile & bear mkt, preferring to park their money in property for its anticipated capital appreciation.

[lee_yl]

MrsKiasu\" post_id=\"2072931\" time=\"1656738159\" user_id=\"43981:

Dunno leh..now some says employees mkt now means holding power is there ba...

Just thinking only..last time when we bought our place the anticipated interest rate was 4.5% once TOP if I remember correctly..just that over time due to economy up and down we have been enjoying favourable interest rate and now is anticipating it to go away, therefore causing some of us (me included lol) abit ganjiong?

In general the loan quantum then should be lower than now I think..

Experienced 4%-5% pa before (2007 or 2008?) but for a very short while. I guess many have been enjoying a low interest environment and has not been through 4-5% (or higher) before, will be shocked. Anything above 3% is not fun.

Maybe developers are the ones making money because after selling new launches at high prices, the prices of building materials started to crash recently.

[lee_yl]

Estéema\" post_id=\"2072946\" time=\"1656741405\" user_id=\"66413:

I’m not expecting property prices to drop coz many are moving away fr the volatile & bear mkt, preferring to park their money in property for its anticipated capital appreciation.

Many friends who have used up their names to buy properties, are now starting to go into REITS. For example, Mapletree Industrial REIT is giving 5% pa returns.

[MrsKiasu]

lee_yl\" post_id=\"2072979\" time=\"1656748349\" user_id=\"17023:

Many friends who have used up their names to buy properties, are now starting to go into REITS. For example, Mapletree Industrial REIT is giving 5% pa returns.

Never buy reit b4..how to buy arh? Via POEMs like buy shares?

[MyPillow]

lee_yl\" post_id=\"2072979\" time=\"1656748349\" user_id=\"17023:

Many friends who have used up their names to buy properties, are now starting to go into REITS. For example, Mapletree Industrial REIT is giving 5% pa returns.

Read abt reits too. Dh also invests in mapletree

[MyPillow]

Zeal mummy\" post_id=\"2072826\" time=\"1656685510\" user_id=\"58173:[quote=\"Zeal mummy\" post_id=2072826 time=1656685510 user_id=58173]
It went up a lot! Last I heard was 3% (Uob)[/quote]

That’s high! 3% for how long ?
I m not following loan interest yet- mine till end 23.
U just settled yours , can share what is floating rate now ?

[MrsKiasu]

Mp, when I checked few days back it was like 1mth/3mth SORA+ around 1% (saw one at +0.8% tho). Read got one bank Fixed Rate slightly more than 3% if not wrong.


Yours is a fixed rate? What is the rate?

[lee_yl]

MrsKiasu\" post_id=\"2072987\" time=\"1656750846\" user_id=\"43981:

Never buy reit b4..how to buy arh? Via POEMs like buy shares?

Can, REITs are avail on POEMS.

My friend recommended an UOB perpetual. 4.25%pa till 2027. I think very safe. UOB unlikely to go belly up by 2027.

[lee_yl]

MyPillow\" post_id=\"2073011\" time=\"1656756859\" user_id=\"70594:

Read abt reits too. Dh also invests in mapletree

Mapletree seems popular!
We are reading up on CapitalLand Integrated Commercial Trust (CICT), Mapletree, Ascendas and Keppel. Maybe pick 1-2 from the above.