Surge in supply of new condos drives down rents
The multitude of completed condominiums entering the market is forcing condo owners to lower their asking rents. Property analysts estimate that the number of private homes to be completed will increase from 10,329 units last year to 16,742 this year, a jump of 62%. Housewife Angelin Loh, 46, bought a 1,184 sq ft three bedroom...
Singapore unemployment rate continues to rise
The latest figures released by the Ministry Of Manpower show that Singapore's overall unemployment rate is rising. In fact, it has been rising for the last 3 quarters: Dec 2012 - 1.8% Mar 2013 - 1.9% Jun 2013 - 2.1% For Singapore residents (i.e. PRs and Singaporeans), the unemployment rate is as follows: Dec 2012 - 2.7% Mar...
TR Emeritus to shut down on 31 July 2013 for maintenance
Dear readers, Please be informed that we will be shutting down our website on the evening of 31 July 2013 to fix an issue with the Content Delivery Network (CDN) server which has been running out of sync with our web servers lately. The email server will remain fully functional during the maintenance period, which is expected...
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