Fortitude Budget at a glance (for businesses and workers) With Circuit Breaker measures set to end on the 2nd of June 2020, Singapore is taking a cautious and well-considered approach to reopening her economy for fear of a possible second resurgence of the COVID-19 infection in the local community. A fourth budget, the Fortitude Budget […]
Land scarcity has been a long-standing issue for Singapore. And why should you care? Well, with the race against limited usable land space, its citizens would eventually feel the pressure. Labelled as one of the world’s densest nations, Singapore is starting to face the reality of this physical constraint. Left with no choice, homes have […]
With show flat previews, viewings and construction work ground to a halt amidst tight “Circuit Breaker” measures, the real estate market has begun to feel the tremors of the COVID-19 pandemic. On the 6th of May 2020, the MND released a statement on the provision of temporal relief measures tailored to the slowing real estate […]
According to the recent financial report by Monetary Authority of Singapore (MAS), the nation’s economic status is headed for an unprecedented economic recession, with a predicted -4% GDP growth in 2020, potentially the worst hit since the 3.1% contraction seen way back in 1964. With many wages cut and furloughed workers left uncertain about the […]
As Singapore braces for an inevitable economic crash landing, monetary cushions are being out to catch the fall. As of 7 April 2020, Singapore started lying low in her retreat against the virus, following strict restrictions on movement under the ‘Circuit Breaker’ initiative. Some of these measures include the mandatory closure of non-essential retails, no […]
COVID-19, believed to be one of the worst economic contractions since Singapore’s independence has hit home hard. An economy that rose to its glory days due to her attractive social, economic and political climate now faces a very real threat. From the tourism industry to the real estate market, tremors are felt, some stronger than […]
Markets crashing, industries failing, COVID-19 has taken the world by an unexpected but deadly storm. All around the globe, nations are shutting their borders tight, with strict border controls and even stricter lockdowns executed in the containment of an unseen enemy – a deadly pestilence. With the imminent threat of a severe global economic crisis, […]
In the past decade, the way we live and work has changed dramatically. The sharing economy has been picking up, and we now see more disruptive technologies driving this force and moving entire markets. Car-sharing, bike-sharing and hot-desking have proven how traditional methods of commuting and working have changed for the better. You probably have […]
COVID-19 – A virus originated from the province of Hubei, China that took the world by storm. First discovered on the 1st of December 2019, the highly infectious pathogen has transmitted its way all over the globe. To date, there have been over 75,000 confirmed cases of the infection and as each day passes, the […]
On the 11th of February 2020, the Housing Development Board (HDB) announced its open ballot application for its first phase of Built-to-Order (BTO) projects for 2020, comprising of 2 main heartlands along the North-South (Red Line), namely Canberra and Toa Payoh. Making the top of headlines in the news, it was released that a total […]