Market Review and Trends
Singapore Interest Rate since 1988
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  January 24, 2011
Read? Fed Rate up, STI down?

One of my friends has attended a property investing seminar and the attendees were shown a chart on past years Singapore interest rate and highest rate reached at around 4%. At such low rate property investors  can easily recover the interests payment with rentals.

Here is the Singapore Interest Rate since 1998.

The official interest rate is Singapore Interbank Offered Rate (Sibor), or the rate at which banks lend to one another, which tends to track the Fed rate.

Interestingly, the historical high of 20.00 percent is in January of 1990 and a record low of -0.75 percent is in October of 1993

So don't assume future interest rate cannot rise higher than 2-3%. See the chart for yourself.



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By Create Wealth Through Long-Term Investing and Short-Term Trading
I am 62 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016. Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 3nd year Uni in SUTD. I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild. I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038. Cheers!
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