Singapore's total fertility rate in 2020 fell to a historic low of 1.1. It drops further below the country’s replacement rate of 2.1. Since babies are conceived nine months earlier, low birth rate is the result of fewer conceptions in 2019. Under the financial stress of Covid-19 and family conflict from WFH, we might see an even lower fertility rate this year. Delays in … [Read more...]
Podcast Ep#39: Old Wives Tales About The Residential Property Market (Part II)
Thanks for waiting. Here is the second half of the presentation by Mr. Ku Swee Yong, CEO of International Property Advisor Pte Ltd, at the SMART Expo on October 5, 2019. Again the presentation "Old Wives Tales About The Residential Property Market" is busting the six biggest property myths in the industry: - 1st Myth: Singapore is land scarce. - 2nd Myth: If you open … [Read more...]
Podcast Ep#38: Old Wives Tales About The Residential Property Market (Part I)
Episode 38 is the recording of the first half of the speech delivered by Mr. Ku Swee Yong, CEO of International Property Advisor Pte Ltd, at the SMART Expo on October 5, 2019. His presentation "Old Wives Tales About The Residential Property Market" is busting the six biggest property myths in the industry: - 1st Myth: Singapore is land scarce. - 2nd Myth: If you open … [Read more...]
Accept that Singapore has the world’s lowest fertility rate
Last Friday a Straits Times article said Singapore’s total fertility rate plunged to a seven-year low of 1.16 last year. It is well below the replacement rate of 2.1. Do you know that Singapore has the lowest fertility rate in the world? According to the 2017 World Factbook published by the Central Intelligence Agency, the four countries with the lowest total fertility … [Read more...]
4 questions to 5 projections from DBS property report
I read with bewilderment Today newspaper's May 16 article titled “New private homes to cost up to S$2,900 psf on average by 2030: DBS report”. The five projections of DBS on Singapore’s property projections in 2030 caught my attention: 1. Singapore’s population to hit 6.3 million to 6.5 million 2. Homeowners’ incomes to grow at compound growth rate of 1.5 percent to 3.2 … [Read more...]