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Unbelievable but yes, one can have the opportunity to own a home with an initial sum of $0. This is a shocker for most, especially since Singapore has a global reputation for being one of the world’s most expensive cities to live in. Sadly, you do not qualify for this opportunity if you are not
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,
Facebook, the world’s most famous social media platform, creates zero content. Alibaba, the most profitable retailer, does not carry any inventory. Similarly, Airbnb is also part of this ongoing phenomenon – Airbnb, the world’s most renowned accommodation provider, owns no real assets. In this age of digitalization, profits lie in the interface. This has resulted
We have all heard of “Million-Dollar HDBs” springing up all across Singapore in the resale market for housing. For those who are unaware, these widely sought after HDBs have been sold at record-breaking prices over the $1 million price tag. Examples of these exorbitantly expensive public homes include a 5-room unit in Clementi Avenue 3,
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
For young couples in Singapore, asking your partner “want to BTO?” is essentially akin to a marriage proposal, albeit an utterly unromantic one. Build-to-Order (BTO) exercises have always been the medium through which countless Singaporean couples have obtained their first home, and this will probably continue to be the case well into SG500. However, there
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