Posted by Jeflin on September 24, 2008
Since Monday, the “Paulson Plan” has been thrust into intense debates at Senate hearings as Democrats and Republicans unite in their dislike of this mind-numbing $700 billion bailout of the nation’s
financial system.
I find such actions amusing, if not hypocritical. Read the full article here.
Posted in Banking, Properties, Stocks | Tagged: $700 billion bailout, banks, investment, investors, mortgages, Properties, stock market, Stocks | Leave a Comment »
Posted by Jeflin on September 3, 2008
The US dollar, inspired largely by plunging oil prices and growing pessimism over the economic health of the EU and the U.K, is going gangbusters of late.
It traded at $1.4455 Wednesday, a seven-month high against the euro.
Coupled with the US government’s release of 250,000 barrels of oil… Read the full article here.
Posted in Banking, Business, Economy, Oil, Properties, Stocks | Tagged: banks, Business, commodities, Dollar, Economy, housing market, mortgages, Oil, Properties, speculators, Stocks | Leave a Comment »
Posted by Jeflin on August 31, 2008
Wall Street suffered a bloody nose on Friday but investors can seek solace that US assets are looking attractive.
Certain events confirmed that hot funds are plumping for US assets and some momentum trading is underway. In a volatile investment climate, the most dangerous place may actually turn out to be the safest.
Read the full article here.
Posted in Business, Currency, Economy, Properties, Stocks | Tagged: BRIC, Business, Dollar, Economy, emerging nations, euro, greenback, investment, momentum trading, Properties, Stocks, US assets | Leave a Comment »
Posted by Jeflin on August 18, 2008
While I still have substantial investments in blue-chips, I am less concerned about their performance than the poor outlook for Singapore private properties.
Such a trend does not bode well for the economy.
Read the full article here.
Posted in Banking, Business, Economy, Properties, Stocks | Tagged: banks, blue-chips, housing mortgage crisis, investment, investors, mortgages, Properties, property developer. Gross Floor Area, real estate, singapore properties outlook | Leave a Comment »
Posted by Jeflin on July 27, 2008
Our economy is showing some signs of softening. Growth was at its weakest in five years for the second quarter ending in June (1.9% as compared to 6.9% expansion in the first quarter), an indication that Singapore is not immune to high inflation and the global economic slowdown.
Read the full article here.
Posted in Business, Economy, Inflation, Properties, Stocks | Tagged: Economy, en-bloc estates, growth, investors, jobs, manufacturing, Properties, Singapore, Stocks | Leave a Comment »
Posted by Jeflin on May 18, 2008
The sleepy town of Punggol is poised for an exciting makeover. Despite efforts by planning authorities, Punggol remain an unpopular choice among HDB buyers but all that may change within the next two to three years.
A new shopping mall as large as Junction 8, in the town centre, will be constructed. The site will be used for a mixed commercial and private residential development.
Read the full article here.
Posted in Properties, Stock Volume | Tagged: Build to Order, HDB, Properties, Punggol, shopping mall, Singapore, waterfront town | Leave a Comment »
Posted by Jeflin on May 17, 2008
At current low interest rates, buyers are not snapping up properties in Singapore.
While some property prices have almost doubled over the past year, increase in salaries did not catch up, meaning Singaporeans are finding it harder to afford private and public housing.
Read the full article here.
Posted in Economy, Properties | Tagged: DBSS flats, en-bloc sales, high-end property, interest rates, liquidity, outlook singapore properties, private housing, Properties, real estate, speculators | Leave a Comment »
