Singaporeans have a love affair with properties. You just have to look at the large crowds at newly-launched condominiums. It’s not hard to understand why. Property is a tangible asset that can hold its value during downturns. Meanwhile, you can rent it out for passive rental income. There’s a downside, though. For most of us, investing in property requires you to take on debt due to the high capital amount needed. It gets worse. In a rising interest rate environment, you may have to cough up higher sums to service your mortgage. That’s not all. Owning physical property is also a concentrated bet. If anything goes awry with your property, you may lose your rental income or be forced to cough out more dollars to repair it. Finally, rental income earned from leasing out your property is also taxable, further reducing the yield you obtain from your investment property....