Singapore's interest rates could hit 1.5% by end-2023, affecting mid-tier property buyers: Analysts

Singapore's interest rates could rise sharply to about 1.5% if the US Federal Reserve hikes its rates as planned to 2% by end-2023. Market watchers said the move could affect mid-tier property investors in Singapore, which means benchmarks like SIBOR or SORA will see an increase in the long run.