By Gerald Tay (guest contributor)

Financial markets have been on a highly jittery state since the US Federal Reserve announced that they are starting to unwind its mega-monetary easing (known as Quantitative Easing, or QE) soon. The day of reckoning may not yet be at hand, but given the increased frequency of alerts, it may be nearer than most people think.

What are the possible impacts this could have on the Singapore property market? Let’s examine what could trigger a potential downturn or crash in property prices from both global-macro and country-micro warning signs.

The four-letter-word: ‘exit’

Is Mr. Bernanke just testing the impact his words would have on financial markets, or is he seriously considering cutting back on the Fed’s mega-bond purchases (the main instrument of its QE policies) soon? With recent positive economic news in the US, has the Fed decided that quantitative easing has done its job ...