Editorial « Authors « TR EMERITUS

Resale prices of private condos increase by 1.8% last month

Despite 8 rounds of property financing curbs by the Govt with the last one enacted only last week, resale prices of non-landed private residential units (i.e, condominiums, etc) showed an overall increase of 1.8% in June 2013. This is according to a flash estimate by the Singapore Real Estate Exchange (SRX). An estimated 605...

Changi Airport: Ground handler may have given wrong info to passenger

A TR Emeritus (TRE) reader, Yee, was visibly upset with his recent encounter at Changi Airport ('My Worst Experience at Changi Airport'). His encounter totally changed his impression of Changi Airport, which is supposed to be of "world class standard". He was stopped at customs and his hand-carried luggage was found to be over...

SG’s household debt at dangerous 279% of GDP

According to Kelvin Tay, UBS Wealth Management's regional chief investment officer for the Southern Asia-Pacific, Singapore's household debt stood at 279% of GDP in the 1st quarter of 2013. Mr Tay said that the rapid rise in Singapore’s household debt, coupled with high residential prices, could make the city-state vulnerable...