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Just got retrenched from my job

Most distressed asset owners are in an urgency to sell due to liquidity issues,” said Lucia Leung, director of research and consultancy in Greater China for Knight Frank.


Recent figures are proving that to be true. Around 75 per cent of high-end luxury transactions in the first half of this year – those worth more than US$10 million each – involved financially stressed sellers, according to data from CBRE.


The number of distressed luxury residential assets has risen, consultants say, in areas like The Peak, Tai Tam and Southern district, and prices on some of these trophies have fallen by at least 30 per cent from their highs.
 
There may need to be 200 to 300 basis points of reduction until borrowers receive material relief, which may be until the end of next year to the beginning of 2026,said Francis Ng, managing director and chief investment officer at real estate private credit firm Pacific Aegis Capital Management Group (PACM).


Experts also said rate cuts will not give substantial relief to borrowers who are under duress at the moment, as their property valuations are falling now and many are paying interest rates of nearly double digits.
 
Go to e2i lo. Restaurants all need waiters. Cleaners also need.
 
Just got retrenched from my job. Every job interview I went, the interviewer is a ceca knn. Jin sianz. Feels like the interview is just for wayang only, in the end they only hire their own kind.
What was your golden hand shake package ?
 
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Don't worry about it. I was recently laid off from my job but I'm really happy about it. I've had really bad employers who treat people terribly
 
Seriously in my 30 over years of working life, at some point I always wish to get leetrench so that I can get some extra $.
But end up I only got fired before and all the time I was the one to throw the towel myself. And I have worked in at least 30 different companies (full time) all these years.
 
old fart retiring sinkees can help by asking their boss a last favor, to employ back a sinkee, i did that...and btw FUCK PAP
 
Just got retrenched from my job. Every job interview I went, the interviewer is a ceca knn. Jin sianz. Feels like the interview is just for wayang only, in the end they only hire their own kind.
It is time for change. Remember this when you walk to the polling station for this year's GE.
 
old fart retiring sinkees can help by asking their boss a last favor, to employ back a sinkee, i did that...and btw FUCK PAP
This is the workplace in S'pore now; it is just going to get worse under the present govt

dbs.jpg
Ceca.jpg
 
old fart retiring sinkees can help by asking their boss a last favor, to employ back a sinkee, i did that...and btw FUCK PAP
They need a sinki to clear Sai n Carry Wok while talents work from home from New Kampong or Motherland or attend overseas team building or award giving ceremonies
 
This is the workplace in S'pore now; it is just going to get worse under the present govt

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Coincidentally I retired from there, tell me, which govt will put a foreign ah neh as CEO of our national bank? Over the years dbs had became a cesspool for snakes. He was only there because old fart could not trust a sinkee to ran the bank to his whims and fancy. A sinkee would rebel once he sees his own countrymen being maginalised by the govt
 
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Coincidentally I retired from there, tell me, which govt will put a foreign ah neh as CEO of our national bank? Over the years dbs had became a cesspool for snakes. He was only there because old fart could not trust a sinkee to ran the bank to his whims and fancy. A sinkee would rebel once he sees his own countrymen being maginalised by the be govt
If our Govt has committed treason, then they deserve to be voted out at the next GE.
 
Sinki need to bend back and provide them entertainment….BOH choice

Leemember We are Jin inclusive de
 
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