“SINGAPORE — Buying land at the prevailing high prices would be “suicidal”, City Developments (CDL) Executive Chairman Kwek Leng Beng said yesterday, as he forecast private home prices to decline 5 per cent… Continue reading
The Trend “Rich Asian individuals are snapping up luxury residential properties and even office towers in the West. But Asia’s biggest investors, including sovereign wealth funds, insurance funds and pension funds, are only… Continue reading
HIA (Homeland Investment Act) is back in Obama’s 2nd of 7 speeches last night. It looks like the 2 trillion held offshore by US companies will be taxed whether it goes home or… Continue reading
In a truly bizarre twist whilst reading about this Jurong East condo, J Gateway, sell out and having conversation with some old friends about their impending male menopause, I came to a personal… Continue reading
As a follow up to Wealth Fallacy of Singapore Property written in January. We had a slew of new rules, the latest being the Total Debt Servicing Ratio to cap at 60% while… Continue reading
Calling Bluff On Real Estate
by“Around 90 percent of the 130,000 foreigners that own properties in Johor are Singaporeans, according to a June 3 report in the Straits Times newspaper.” THAT IS 117,000 SINGAPOREANS ! And some probably… Continue reading →