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How rate hikes will impact property buyers
Impact is marginal for those buying HDB flats or new private homes, but others may feel the pinch more
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Singapore’s property market may withstand the interest rate impact better than those in many other countries, says the writer.
ST PHOTO: LIM YAOHUI
Christine Sun
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Our median mortgage rates have almost doubled over the past six months. As more rate hikes are on the cards, how will our residential market be affected? Which market segment is likely to be impacted? Will home prices fall when interest rates rise?
