CapitaLand luring buyers with more affordable prices
Photo by Nikki De Guzman Property giant CapitaLand is set to launch its much-anticipated Sky Vue condominium this Saturday (28 September) and expects to see healthy interest from buyers. The 99-year leasehold project in Bishan Central comprises 694 units of one- to three-bedrooms and penthouses. Average prices are expected to...
S’pore has lowest wage share among high-income nations
SG has the lowest wages and consequently the lowest domestic purchasing power among the Asian Tigers. Singaporeans Earn The Lowest Wage Share As Compared To Other High-Income Countries “Wage share” refers to the share of wages in total GDP, which is the “proportion of economic value added which goes to wages“. According...
Rise of shadow industries in Singapore
Short and sweet payment reminder One of the main worries over a slowing Chinese economy is the proliferation of its shadow banking industry, where non-bank lenders such as hedge funds and special investment vehicles grant loans to companies without regulatory oversight. It is feared that hidden debt levels and unrestrained risk...
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