Archive for March, 2008

Market sentiment affected by global gloom

Despite having good and strong fundamentals in Singapore, mentally everyone is unable to place global economic problems out of mind. The ailing US dollar, astro-path of oil prices, poor US economic indicators and sub-prime problems are affecting overall sentiment – stock market and property market. The volume of transactions of new private homes dropped drastically [...]

You Order, We Build

Towards the end of the previous property boom, HDB suddenly realised “we’ve got too many HDB units than the people wanting to buy them”. Then as the property market declined, those that saved their money to place a deposit on their dream HDB home realised that with the same amount of money they could get [...]

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