MAS new property cooling measures – take note of 3.5% interest rate provision
The latest financial measure to hit the Singapore property market comes from Monetary Authority of Singapore (MAS), the same body that targeted car loans just a few months ago. This time, they are targeting housing loans with a range of refinements and definitions to level the playing field for both banks and buyers. The refinements...
Why is the Govt insisting on using 24 hr PSI?
For all practical and commonsensical reasons, the people want a current PSI number to make decisions on their daily activities. For all the nonsensical and unbelievable reasons, the Govt keeps on telling the people that the best reading of the PSI is the 24 hr one and 3 hour is second best. They are not going to give to the...
The plight of Singaporean PMETs
An advice to Singaporeans Thanks to the internet, the pathetic plight of Singaporean PMETs are getting an airing that otherwise would not be heard. A blogger, SNG’s article in Gilbert’s Transitioning Org blog, dedicated to jobless Singaporeans, is being reposted in TR Emeritus (TRE). Another article of a graduate Singaporeans...
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