Latest transaction on URA shows another all time high psf of S$1,579. With our purchase price of S$1,147 in 2019 that means a capital appreciation of 37.7%(S$446,256). Rental continues to be strong with high 3s to 4k range for my size. Sg property this year has practically outperformed every major asset class in the world, including S&P, STI etf, Hsi and even Gold. I am cognizant with the fact that risk free rates are rising very rapidly. Interest rate futures is now pricing May23 fed rate to be 5.15% after the latest fed meeting, a new high. This means continued sustained elevation of mortgage rate which may equate to less liquidity in the property market. Property prices in the US, UK, HK and China are also correcting primarily due to the elevated risk free rates and fear of recession. So I can deduce that Singapore will not be an odd one out, and if...