The most shocking news this week is no doubt the sudden decision of Malaysia to cancel the Kuala Lumpur-Singapore High Speed Rail project.
What are the lessons learned for all of us?
How big is the damage with scrapping of the high speed rail?
Will it impact the Jurong Lake District development plan?
How to survive and find opportunities out of the crisis?
We will discuss all of them in this podcast.
Watch the YouTube video below and share with me your thoughts. Don’t forget to subscribe to my YouTube channel.
Probably going to be another Punggol … took 20 yrs after the initial rah-rah promo by previous PM Goh to reach current stage. Evolved from Eco Town to Waterfront Town and now Digital Town. Still awaiting completion of SIT and Digital District with to-be-determined tech companies / industry.
The 100+% gains from Punggol property were those who bought during deep 2002 recession and SARS period (based on my relative’s experience). Unfortunately in those days, only HDB (not counting those old landed properties nearer the jetty). So although percentage gains large, but quantum so-so lah.
So maybe those with 20 yr timeframe can put Jurong Lake District on their watchlist. Har har.
A bad recession in the future can also derail / delay Jurong Lake development plans (like how the 2001-2003 recession and GFC slowed down Punggol development).
At this stage in biz cycle, we’re probably closer to next recession than we’re away from previous recession. But then, the best deals & investment occurs during recessions! 🙂
Totally agree with you. The longer we are in the boom the closer we are to the next recession. No need to rush in. Take the time to buy in Jurong Lake District.