If you are planning to buy your Bukit Batok EC next house, looking into how interest rates affect property prices in Singapore may be an important factor for you to think about. With the recent global economic situation, Singapore’s economy has been in a downward spiral. This spiral has affected countries all around the world. However, Singapore is relatively insulated from this storm as its economy has been doing fairly well despite the economic crisis. Whether the country’s economy will pick up quickly enough to alleviate the current problems on the housing market in Singapore is another question that only time will answer.

Regardless, it is undeniable that the current economic situation plays a role when it comes to how interest rates affect property prices in Singapore. This is why there have been a number of analysts who have tried to study the issue over the last few years. While …