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.
小米汽車|小米SU7熱賣 小米汽車F碼都有得炒、最高見3萬元人幣 – 香港經濟日報 – 即時新聞頻道 – 即市財經 – 股市
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小米SU7的F碼出現炒價,最高升至3萬元人民幣針對小米合作或投資企業提前進行過SU7意向登記的員工,小米統一通過短信發放F碼F碼有效期限為24小時,持有用戶可優先定購1台SU7創始版小米(01810)
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