Do you all know GDP growth averaged ~5% for the past decade, but only ~1%+ is due to productivity growth, and the remaining 3-4% is due to an increasingly bloated labour force?
And govt has suddenly realized businesses are drunk on cheap labour and are in bad shape to compete? So much so MTI is hounding research organizations for technologies to give businesses to save them? And the people in charge of hounding practically have no idea how to sqeeze anything useful to give to the businesses?
And yet another tech mnc doing materials research here is pulling out? And numerous tech companies scaling back their operations here are nonetheless acquiring huge properties? Just look at the jawa sandcrawler being built in the western part of sg.
With HDB fully paid, thinking of upgrade to EC and going to be in debt again
I like the EC with sea view, the pictures say can have sea view don't know whether true or not, the EC is Sea Horizon
HDB fully paid, still need to stay until 5 years?
Last edited by qystan; 28th July 2013 at 12:07 AM.
You will also need to go down personally to see the surrounding. Any other buildings, trees are blocking your sea view, etc.
Anyway, congratulation that you have fully paid your HDB flat loan. Debt free!!!
Who cause the sky high prices of property. Who set the land sales reserve prices ? Who to blame for living in debt ?
i beg to differ. most people who drive flashy cars are terrible drivers
Singapore guys (*those who are not so educated, low salary, no 5c, etc ) are meeting obstacles wooing local girls. Hence, many of them have to either go to match making agencies for foreign wives or find their girls themselves from overseas.
Disclaimer : of course not all the guys fall into this pitfall, some are lucky.
In before someone says sg girls are gcps
Anyway, in today's ST: Wave of newly-completed condominiums drives down rents
No wonder one of my former colleages is looking to unload his condos en masse. He said the going now is as good as it'll ever get.
Nikon D750; FM2; FG; 55mm Micro Nikkor; 28-300 VR; 70-200 VR; Nikon V1 + 10-30mm