Property
Good time to buy investment property now.
By A Singaporean Stockmarket Investor (ASSI)  •  April 16, 2017
Dear AK, Morgan Stanley thinks that property prices in Singapore will double by 2030. Is a good time to buy investment property now?
Source: AsiaOne.
AK replies: No one can say what the future holds with total confidence. Of course, people could and some would continue to make predictions for any number of reasons. I do know that there were times in the past and also the recent past when we could get rental yields of 5% and even close to 6% in Singapore for a residential property. Although it does not adhere to the Rule of 15, in Singapore, that is probably pretty good. Now, we are probably looking at rental yields of around 3% or, often, even lower and I have said before that this only looks attractive because of the very low interest rate environment. I don't know but did Morgan Stanley say interest rates are rising? ......
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By A Singaporean Stockmarket Investor (ASSI)
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