Category: Property Singapore related
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Room for rates to go lower when there are lots of liquidity
If we have a lot of spare cash, we will either save it in the banks as fixed deposit and gain 2% from it. Maybe more, maybe less. Look at the image below for latest rate as at 26th May 2020 from Maybank. Or we can choose to invest into dividend stocks for the potential…
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Yea, there are certainly positive news.
Too many negative news and need some positive ones? Haha. Too many people are connecting COVID-19 to an economic depression? Potentially, they may just be right. However, there are a lot of good news that we should also read and understand too yeah. Let’s do more images for this article. All the image source quoted…
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Panic buying need not be for essentials…
Before you ask, it does not need to be toilet paper too, okay? It may just be fast food but that has passed. Even Gardenia bread craze? That’s over too. Now I could find them nearly every time I am at the convenience store. However, today we look at a another ‘essential’ the Bubble Tea.…
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Property market still in upbeat mood?
Note, I really do not share any enthusiasm for the property market currently. I love properties, that’s for sure. However, if I read any news saying that the expectations are that property prices are rising or even in the very near term, I would choose not to believe it until it happens. Nothing to rush…
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Crisis opens up opportunity is true. Risks are self-managed yeah.
I was listening to Dr. Victor Gan’s FB LIVE yesterday. It is an interesting and very informative presentation about the stock market vs the property market. Please feel free to visit and view the FB Live here. He gave many positive points about the stock market even though he said that he is not an…
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Salary increase frozen for promotions. Pay cuts for senior management.
For some employees waiting for good news on the increment for 2020, they may be worried. COVID-19 is really starting to wreck havoc to many economies. Many governments have announced stimulus measures too. Stimulus is coming. Please hold on In fact, my orders through Shopee to be shipped from China is already delayed for over…
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Riding the storm with an eye for the future. Inspiring sentence for all.
The sentence was from Singapore’s Deputy Prime Minister Heng Swee Keat. (No prizes for guessing who will be the next in line to become the Prime Minister of Singapore yeah). He was announcing the BUDGET for Singapore and it’s aimed at a larges fiscal boost to the Singapore economy which has been affected by COVID-19.…
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First to announce a revised GDP number downwards.
If you have been reading, you may have noticed that Singapore is usually faster than many countries in many things. Property prices for example will also rise faster too. Thus, it is definitely prudent to say that whatever they anticipated may also happen here in Malaysia too. Recently, we have the Covid-19 (coronavirus) which has…
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Higher prices due to higher taxes? Buying continuing yeah.
What happens when additional property related taxes are levied on foreigner buyers? Well, it’s supposed to start deterring foreigners from buying indiscriminately. Singapore introduced cooling measures in July 2018 because it did not want property prices to rise indiscriminately. These included raising stamp duties for second homes, tightening loan-to-value limits for housing loans granted by…
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Moderating property price increase, thus just 2.5% for 2019. (Still a wow for me)
Please tell me, what was the salary increment that you are expecting for 2020? Would it be 5%? Or higher at 6%? Or even higher still? Against a salary of RM6,000 for example, a 5% is RM300 per month and 6% is at RM360 per month. This is what consultants are saying for the increments…
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The economy should determine property prices. More natural.
Ever imagined what will happen to the property market if the economic growth was 4.5 percent per year and the salary increment was 5 percent but the property prices were rising by double digits? Now, what happens when the same thing happens for the next couple of years? We will soon have a situation where…
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31,948 overhang units as at Sept 30. (not Malaysia)
The state of property overhang in Malaysia? Too many articles and non-stop every other month and every quarter and every half-yearly too. Transaction numbers? Actually, it’s positive growth versus the year before BUT the newly completed units are still higher versus sold units yeah. Latest transactions here: Property transactions still going up We are not…