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Singapore Property Kaki

A place for sharing property, investments and financial management ideas among kakis

Weekly Kopi Talk (20/1/18 – 26/1/18)

26th Jan 2018 – Private home prices recovered in 2017, occupancies improved, says URA SPK: Recovery in property market had been evident, but an important takeaway from the URA data is the improvement in residential occupancy rate and tapering of new supply completion over the next 2 years. This is what the property market really needs to sustain the recovery momentum. As long as owners are able to rent out their properties, […]

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Weekly Kopi Talk (13/1/18 – 19/1/18)

15th Jan 2018 – Home loan gets pricier as banks hike interest rates again SPK: A 30 basis points increase for a S$1 mil loan would translate to an extra S$144 every month in mortgage repayment. For a household that earns S$12,000 a month, the increase is only 1.2% of their combine income. When interest rate approaches 3.5%, it is time to be cautious as banks may start to increase their stress-testing […]

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MAS puts more scrutiny on bank loans for property development. Is the party ending soon?

Just a week ago, SPK mentioned 2 possible ‘Black Swan’ events that might hinder or derail the property market recovery – 1) Tightening measures from the government and 2) More stringent loan approval criteria from banks. Extract from blog post – “Thumbs up or down for property market in 2018?” Coincidentally, it was reported in The Business Times this week that the Monetary Authority of Singapore is putting more scrutiny […]

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