Did you watch the 2017 National Day Rally last Sunday evening? No, our Prime Minister didn’t mention the master plan or the property market. Nor did he cover any schedule to relax the cooling measures. As expected, there’s no mention of MRT either. He only talked about e-payments, diabetes and pre-school education. Tay Kah Poh, Executive Director & Head of Residential … [Read more...]
Is property a good investment in times of war?
The Easter weekend was filled with tensions. It started with Donald Trump using Afghanistan as a testing ground for the Mother Of All Bombs and killed 96 Islamic State militants. This was followed by a failed missile launch by North Korea on Sunday. US Vice-President Mike Pence warned that ‘the era of strategic patience is over’. Suddenly, everyone is on their toes. A war … [Read more...]
Keeping the Singapore property dream alive
Business Times published a property feature yesterday that highlights ‘the seven year itch’ of Singaporeans to invest in properties. The property itch is in the DNA of Singaporeans who like new launches and equate owning properties with being rich. Properties represent a significant portion in the wealth of Singaporeans. The performance of the local property market is a … [Read more...]
When the housing market collapses
Remember the infamous Fannie Mae and Freddie Mac that kick-started the last financial crisis? Last month hedge fund Bayview Financial bundled their junk securities into $118 million new bonds. Fitch Rating immediately stamped it with A- for investment grade. Didn't they do the same for subprime mortgage bonds that were once top-rated AAA debts before the US housing … [Read more...]
3 investment lessons from the movie Me Before You
I was watching the movie Me Before You on a flight. There was a heartbreaking scene when Will Traynor insisted on ending his life despite all the efforts of Louisa Clark to show him that there were still reasons to continue living. “But...I need it to end here. No more chair. No more pneumonia. No more burning limbs. No more pain and tiredness and waking up every morning … [Read more...]