In July, I wrote the blog post “Cash is king now”. Two months later, the trends covered in the post have advanced faster than anyone can predict. Everywhere we hear people saying, “Inflation makes everything expensive. I need more money!” Inflation stress far more contagious than Covid-19 As of this writing, Singapore has close to 2,500 daily new cases. However, the … [Read more...]
My love-hate relationship with CPF
Disclaimer: This article is not sponsored by the Central Provident Fund Board. Although I am grateful that my 3-3-5 rule was endorsed by CPF 3 years ago, I am not obliged to return the favor by encouraging the public to deposit spare cash into their CPF account. All views expressed in this post are my personal opinions. Readers are advised to refer to the CPF website for … [Read more...]
The courage to find the truth in new launches
This blog post is written solely for readers who want to know the truth. For those who prefer to listen to sweet lies, the bitter truth may be too much for you. Feel free to limit your exposure to property articles published only in the local papers and property portals. Then everything will be fine. It is never easy to deny what we once believe in. We need the intellect and … [Read more...]
How coronavirus may impact properties: Lessons from SARS
2020 Year of the Rat is not just another Lunar New Year. Everyone received far more updates on Wuhan coronavirus than auspicious greetings. Instead of last-minute shopping for Chinese New Year goodies, there was a frantic search for surgical masks and hand sanitizers, especially after the Ministry of Health assured the public that there is sufficient stock of masks to go around … [Read more...]
New launch returned units and 3 mysterious cases
It all started with long queues at the shopping mall roadshow. It took us some time to realize that people are not queuing for popular food or warehouse sale, but for the trackers of National Steps Challenge Season 4 - an initiative by the Health Promotion Board to encourage Singaporeans to be physically active. Getting fit or getting freebies? The first exercise people … [Read more...]