Originally Posted by
orangeroad80
I realised in singapore the property index is strongly correlated to STI.
If STI rise, it is likely in 1 quarter time, property index will follow to rise.
I haven't observe the phenomenon in the history of singapore that STI on a bull run and property index is negatively correlated and keep dropping .. whereas it can be the other way round where STI takes a small dip but property index remains stagnant.
For info, STI is on a bull run since Dec 2011. If this carries on and stay around in 3200-3500 region, I don't think property will drop, otherwise this will be the first in singapore history...