With every asset bubble must c

2022-06-23

With every asset bubble must come a euphoria phase, the way i am seeing the properties are being sold at record price every other day. I Wonder how long will it last? $PROPNEX LIMITED(OYY.SI)$ //@Sg:With interest rate going higher than ever, singapore property market cannot be spared. Will it crash? Maybe no, cause govt will support. Propnex crash in revenue? Yes certainly.

@Sg：$PROPNEX LIMITED(OYY.SI)$Rising interest rate to fight rising inflation, who will win? Property can win inflation but cant win interest rate. I feel the upside is low And will open a short positio. At 1.66, stop loss at 1.89 recent high

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Comments

Sg
2022-06-25
Sg
All banks are revising their rates upwards. With every increase interest rate, it affects the TDSR and loan. On a side note, go repricing if you have not done so.$PROPNEX LIMITED(OYY.SI)$
HilaryWilde
2022-06-24
HilaryWilde
Your post is very informative, thanks for sharing.
Mungerism
2022-06-23
Mungerism
Thanks for sharing
eldert
2022-06-23
eldert
gd
Rcsl
2022-06-23
Rcsl
👍
jayc
2022-06-23
jayc
👍

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