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我们又做到了,Singapore property booming continue after jumping 5x only... Heng Ong Huat to all

k1976

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Singapore Home Sales Jump Fivefold to Highest Level This Year​

  • Purchases of new private apartments surged to 1,412 in July
  • Buyers shrugged off rising interest rates, cooling measures

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By Selina Xu
August 15, 2023 at 12:40 PM GMT+8

Singapore’s home sales rebounded last month to the highest level in more than a year, as buyers brushed aside rising interest rates and the government’s latest cooling measures.

Purchases of new private apartments jumped fivefold to 1,412 units in July from 278 the previous month, figures from the Urban Redevelopment Authority showed Tuesday. That’s the most since November 2021, when more than 1,500 homes were sold after the city-state eased Covid restrictions.
 

k1976

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We are really in good hands, please dun rock the boat as we have to be inclusive De woh
 

k1976

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“We’ve still not caught up around the fact that we are a rich country,” the head of DBS Group Holdings, said at a conference titled Reinventing Destiny on Monday (Aug 14). “We have capital resources, how do we put it to work to create competitive advantage?”

The financial hub has over the years accumulated a large, undisclosed sum of reserves, which has been estimated at over a trillion US dollars, a figure Gupta referenced in his remarks. Still, authorities have mostly batted off calls for a greater deployment of the pile, especially for welfare payouts.
 

k1976

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Asked about the impact of Western technological restrictions on China, Singapore’s deputy prime minister said China’s various modernisation efforts – including that of its military – were unlikely to be derailed.


“There will be a trade-off in terms of performance, in terms of power consumption, in terms of reliability – but you can design a workaround solution,” Wong said. “Yes, it will slow down China’s access to high-end capabilities to some extent, but it’s not going to keep China down forever.”


In the conference, Wong also addressed the recent series of scandals that have roiled his ruling People’s Action Party (PAP). Transport Minister S. Iswaran was arrested in July following a corruption probe, while the former parliamentary speaker and an MP resigned in the same month over an extramarital affair.
 

syed putra

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“We’ve still not caught up around the fact that we are a rich country,” the head of DBS Group Holdings, said at a conference titled Reinventing Destiny on Monday (Aug 14). “We have capital resources, how do we put it to work to create competitive advantage?”

The financial hub has over the years accumulated a large, undisclosed sum of reserves, which has been estimated at over a trillion US dollars, a figure Gupta referenced in his remarks. Still, authorities have mostly batted off calls for a greater deployment of the pile, especially for welfare payouts.
It's a Chinese thing. Accumulate and save. If western countries, the money would be spent on welfare or tax cuts.
 
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