#43 Cracking the Condo Code 8: Buyer-seller confidence and Interest Rates over a 5-year Cycle

NOTG is back for another episode of Cracking The Condo Code on Nuggets On The Go with Melvin Lim from PropertyLimBrother! This time round, we embark on a journey to uncover the role of interest rates in the 5-year cycles, as we head into a new round in 2024. 

Find out why interest rates no longer behave in the same predictable manner post-2009, and what to anticipate with the new 5-year cycle set to unfold. Melvin Lim shares 10 key factors that shape Singapore’s real estate landscape, the complexities that make our prices not necessarily reliant on interest rates!

(00:00:00) Intro
(00:00:50) Disparity Gaps Status
(00:03:29) Why do Interest Rates play a big role?
(00:08:22) Interest Rates behaviour after 2009
(00:09:51) Interest Rates plays with Emotions
(00:13:07) Understanding the 5-year cycle
(00:23:57) Singapore's Moat
(00:25:19) What will happen in 2024?
(00:26:30) Outtakes