Welcome to this week’s market news update.
Is history repeating itself? Is stagflation really coming? If worse comes to worst and stagflation indeed arrives, you need to secure your money. You need to invest in a safe harbour and position your assets such that you don’t lose the wealth you have grown over the years.
This article compares the situation between 1974 and 2022 to assess how serious is the threat of stagflation. You can further find what to do if stagflation really arrives – how to secure your wealth, what to consider and how to make the best of the situation.
FEATURING OUR EARTH DAY SEGMENT!
Climate change plays a significant role in the properties and lands we acquire. Recently, Singapore’s sea level is rising, impacting the nation’s precious assets. Get to know what steps are the government taking to mitigate the challenges. Learn which properties to venture into to avoid being on the wrong side of the climate change effect.
Recently, I got the opportunity to talk on the Business Times property podcast. The segment talks about the properties you can invest in the post the cooling measures.
Don’t forget to catch my piece at 5.58 minutes.
We bring you the highlights of Singapore real estate this week. It seems buyers are in high spirits to buy big bungalows even with the threat of stagflation looming over us.
The family of the late property magnate and hotelier Wee Thiam Siew has bought a good class bungalow (GCB) in Olive Road for $50.2 million, six months after they concluded the largest residential land sale here since the July 2018 property cooling measures.
A block of seven adjoining three-storey conservation shophouses in Chinatown and a prime freehold site near Orchard Road has been put on the market for $110 million and $76 million respectively. If sold at $110 million, the Chinatown asset will break the record for the largest shophouse transaction in Singapore.
The rising Covid cases in China are giving a hard time to developers to complete their projects on time. As such, China is taking relevant steps to help out the distressed developers.
CHINA’S central bank stepped up its support for several distressed developers by allowing banks and bad-debt managers to loosen restrictions on some loans to ease a cash crunch, according to people familiar with the matter.
For more such real estate insights, subscribe to our weekly market news update. They will help you to make the right move on one of the biggest decisions in your life, buying a property!
Disclaimer: Disclaimer: The information contained herein is for informational purposes only and is not intended to replace any professional advice. While the information is intended to be accurate and current, the sender or the authors is/are not responsible for any errors or omissions in this document. To the fullest extent permitted by law, in no event shall the sender or the authors, its officers and employees, affiliates, subsidiaries, successors and assigns be liable for any damages or costs, including without limitation any indirect, consequential, special, incidental, or punitive damages arising out of, based on, or resulting from your reliance on or use of the information herein. No part of this document may be reproduced except as authorised by written permission. The copyright and the foregoing restriction extend to reproduction in all media. If you have previously agreed to Subscribe to us using your personal information for direct marketing purposes, you may change your mind at any time by Replying UN to unsubscribe.