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Thread: Property market sentiments 2010

  1. #241
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    Quote Originally Posted by Reporter, Cyan, 17 February 2010 11.13 pm
    Cyan's all-time high of $2,003 psf, set in November 2009, has been broken.
    The nëw hïgh is now $2,050 psf!


    Private Residential Units Sold in the Month of January 2010
    Project Name . Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
    Cyan .............. CCR ....... 160 ....................... 37 .......................... 2,050 ........... 1,937 ........... 1,702
    Quote Originally Posted by Reporter, RV Edge, 17 February 2010 11.10 pm
    $1,900 psf is surely a good start for RV Edge.


    Private Residential Units Sold in the Month of January 2010
    Project Name . Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
    RV Edge .......... CCR ........ 91 ........................ 91 ......................... 1,900 ........... 1,696 ........... 1,441
    Quote Originally Posted by Reporter, Holland Residences, 17 February 2010 11.08 pm
    $1,843 psf is surely a good start for Holland Residences.


    Private Residential Units Sold in the Month of January 2010
    Project Name ...... Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
    Holland Residences . CCR ....... 63 ........................ 63 .......................... 1,843 ........... 1,694 ........... 1,466
    I guess District-10 is doing fine too.
    I especially like Cyan's nëw hïgh - $2,050 psf.

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    Quote Originally Posted by Reporter
    jlrx, Urban Suites missed your $3,000 psf by $79 psf in January. You need some tuning?

    Anyway, which District-9 nëw hïgh do you like? $2,921 psf?
    Not bad. Almost on target $3,000 psf!

    But if $9,221 psf will be even better!

    If hit $9,221 psf I am going to buy a Panamera Turbo PDK (A)!

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    Quote Originally Posted by Reporter, Trilight, 17 February 2010 11.46 pm
    Trilight's all-time high of $1,842 psf, set in December 2009, has been broken.
    The nëw hïgh is now $1,869 psf!


    Private Residential Units Sold in the Month of January 2010
    Project Name . Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
    Trilight ............ CCR ....... 90 ........................ 18 .......................... 1,869 ........... 1,754 ........... 1,669
    Quote Originally Posted by Reporter, Cube 8, 17 February 2010 11.43 pm
    $1,444 psf is surely a good start for Cube 8.


    Private Residential Units Sold in the Month of January 2010
    Project Name . Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
    Cube 8 ............ CCR ....... 167 ...................... 167 .../..................... 1,444 ........... 1,286 ........... 1,163
    District 11 seems OK too.
    $1,869 psf is pretty good for Trilight, I think.

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    Quote Originally Posted by Reporter, Aalto, 18 February 2010 1.16 am
    $2,011 psf may seem small to the high of $3,000 psf. It is, nevertheless, a remarkable figure in District 15.


    Private Residential Units Sold in the Month of January 2010
    Project Name . Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
    Aalto .............. RCR ........ 118 ...................... 1 ............................ 2,011 ........... 2,011 ........... 2,011
    Quote Originally Posted by Reporter, Silversea, 18 February 2010 1.10 am
    Silversea's all-time high of $1,780 psf has been broken!
    The nëw hïgh is now $1,886 psf!


    Private Residential Units Sold in the Month of January 2010
    Project Name . Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
    Silversea ......... RCR ....... 124 ....................... 14 .......................... 1,886 ........... 1,528 ........... 1,223
    Quote Originally Posted by Reporter, Siglap V, 18 February 2010 1.06 am
    $1,634 psf and 44% sold are surely good news for low-profile new-launch like Siglap V.


    Private Residential Units Sold in the Month of January 2010
    Project Name . Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
    Siglap V .......... RCR ........ 50 ........................ 50 .../..................... 1,634 ........... 1,508 ........... 1,152
    Quote Originally Posted by Reporter, The Shore Residences, 18 February 2010 1.01 am
    For the amount of insults and discrimination The Shore Residences received, $1,418 psf is surely a reward it deserved in January. Look out for $1,436 psf in February.


    Private Residential Units Sold in the Month of January 2010
    Project Name .......... Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
    The Shore Residences . RCR ....... 221 ....................... 144 ........................ 1,418 ........... 1,200 ........... 1,043
    I must say District 15 is doing very well.

    Aalto's $2,011 psf will surely be the talk of East Coast!

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    Quote Originally Posted by Reporter
    I must say District 15 is doing very well.

    Aalto's $2,011 psf will surely be the talk of East Coast!
    That's wonderful!

    It's time that everyone withdraw their properties from the market.

    Just tell the agent "I think I'm not selling anymore" or "I'm keeping it as a wedding gift for Ah Boy so he doesn't need to ballot for flats next time".

    Let's see how soon this $2,011 psf record can be broken.

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    Quote Originally Posted by Reporter, Prestige Heights, 18 February 2010 2.17 am
    Balestier can push $1,500 psf?
    "mcmlxxvi", $1,500 psf is already history!

    The nëw hïgh is now $1,506 psf!


    Private Residential Units Sold in the Month of January 2010
    Project Name .. Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
    Prestige Heights . RCR ....... 52 ........................ 17 .......................... 1,506 ........... 1,336 ........... 1,146
    Quote Originally Posted by Reporter, Vista Residences, 18 February 2010 2.13 am
    Vista Residences' all-time high of $1,465 psf, set in December 2009, has been broken.
    The nëw hïgh is now $1,471 psf!


    Private Residential Units Sold in the Month of January 2010
    Project Name ... Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
    Vista Residences . RCR ....... 198 ....................... 5 ........................... 1,471 ........... 1,324 ........... 1,310
    District 12 is doing very well and outshining District 11.

    I especially like the $1,506 psf in Balestier.

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    Quote Originally Posted by Reporter, Jardin, 18 February 2010 2.41 am
    Jardin, in District 21, has a nëw hïgh of $1,840 psf!
    What can I say?


    Private Residential Units Sold in the Month of January 2010
    Project Name . Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
    Jardin ............. RCR ........ 27 ........................ 3 ........................... 1,840 ........... 1,800 ........... 1,617
    Compared with District 12, District 21 is really one up. It has outshone Districts 10 and 11 with Jardin's $1,840 psf!
    I am speechless!

  8. #248
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    Quote Originally Posted by 联合晚报

    百人豪客团初五进赌场搏杀 目标赢1000万
    高健康 + 刘婵
    联合晚报
    星期三, 17-2-2010


    名胜世界开场3天,场内天天爆满,场外则大排长龙。(图/档案照)

    百人豪客团,将在明天挑战名胜世界赌场。

    圣淘沙名胜世界赌场自上个星期天开张以来,已有超过6万名国内外赌客进场厮杀。这群赌客当中,除了想赢点小钱的普通民众,也“潜藏”了不少豪客,大多是隐而不露的超级富翁,趁我国首家赌场新开张,前来发新年财。

    据《联合晚报》获知的可靠消息,一支百人豪客团已经杀到,他们是本地某风水师的顾客,每年春节都会特地飞来狮城向风水师拜年,今年巧遇赌场在年初一开业,顺道进场搏杀。

    消息人士透露,这群豪客大多是印尼华裔富翁,靠酒店业、银行业、房地产、布匹、木材及棕油发迹,长期占据印尼富豪榜,有些更在前30名以内。此外也有一些是台湾和中国大陆企业家。

    据了解,他们当中一些人在年初一赌场开业后已陆续进场,一下注动辄上万元,有人在两小时内就赢走了20多万。

    消息人士说:“这群豪客到美国赌场都有专机接送,住的是总统套房,但这次却以普通赌客身份进入圣淘沙赌场,也不愿在贵宾房赌,因为在亚洲赌场容易被人认出。”

    据悉,富豪们大多玩百家乐和二十一点,他们的太太则爱拉老虎机。

    消息人士进一步透露,豪客们这几天大多是分批进赌场,各自作战。接下来,他们在风水师的指点下,将在明天倾巢而出,目标是至少赢走1000万。

    分18人‘小纵队’入场

    豪客团将分成18人“小纵队”进赌场。

    消息人士透露,豪客们在小赌时,往往单枪匹马,各自作战,但是在下巨大的赌注时,就会群策群力,而且喜欢分成特殊的18人“小纵队”进赌场。

    消息人士解释:“18是‘实发’的谐音,豪客相信这会给他们带来好运,所以每次进场都是18人,进去之后一般会兵分多路,两三个人到一张赌桌下注,但有时也打团体战,20多个人同赌一桌。”

    据了解,在明天进赌场前,豪客们都已分别得到风水师的指点。风水师根据他们的生辰八字,算出每人的有利方位和幸运颜色等。

    开业3天 进出人数达6万人

    开业3天,进出赌场的人数已达6万人!

    名胜世界公布的最新数据显示,截至昨晚8时,单是光顾赌场的赌客已有6万人,不包括参观环球影城及名胜世界其他设施的人数。

    赌场上星期天中午12时18分准时开业,当晚6时已有6500名赌客,到了第二天赌客人数已高达3万5000人,昨天单日(截至晚上8时)则有另外2万500人进场。

    由此推算,农历新年的3天长假,赌场共迎来了6万名赌客。
    D Day: The Final Assault on RWS Casino
    Reporter

    Today (初五, 18 February 2010) is D Day for RWS Casino!

    The Attackers, Their Commander and Their Objective

    A 100-strong team of billionaires and millionaires, commanded by a local fengshui master, are here to attack RWS Casino. Their target: a win of at least S$10 million!

    The team consists mainly of Chinese Indonesian tycoons. Some are even in the top 30 rich list! The rest are from Taiwan and China. Their original intention here is to visit the fengshui master as part of their annual CNY routine.

    Most have already visited RWS Casino individually. Obviously, RWS Casino has won many of the small battles with them. This time, they stand united and are determined to beat RWS Casino.

    Attack Formation and Strategy

    Under the new attack, they will not be using any VIP facilities but will enter as ordinary customers to avoid being spotted.

    As instructed by their commander (aka fengshui master), they will attack in 18-member-section formation when placing heavy bets. On other times, they may break into smaller 3-member teams. Occasionally when heavier firepower are called for, the section will receive reinforcement to form a bigger section with 20 members.

    The Big Question

    RWS Casino may have won many of the small battles with them previously but can it survive the Revenge of the Fallen this time?

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    i cant help but LOL at the above

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    me too but someone said some dealers lost until no more chips and that "news" caused genting to break below $1...now i don't know which is more hilarious...LOL...


    Quote Originally Posted by august
    i cant help but LOL at the above

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    Quote Originally Posted by Reporter, Residences Botanique, 18 February 2010 1.14 pm
    Well, "DuffyDuck"! Congratulations! Your wish has certainly come true.

    With a hïgh of $1,246 psf, Residences Botanique has not only set a nëw hïgh for District 19 but has also just joined the OCR $1,200+ psf Club (whose members include Centro Residences, Trevista, Hundred Trees, Meadows @ Pierce, Serangoon Avenue 3 and Upper Thomson Road).


    Private Residential Units Sold in the Month of January 2010
    Project Name .......... Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
    Residences Botanique . OCR ........ 42 ........................ 32 ......................... 1,246 ........... 1,015 ............ 844
    Quote Originally Posted by Reporter, Kovan Residences, 18 February 2010 1.55am
    Kovan Residences' all-time high of $964 psf, set in September 2008, has been broken finally.
    The nëw hïgh is now $1,009 psf!


    Private Residential Units Sold in the Month of January 2010
    Project Name ..... Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
    Kovan Residences . OCR ....... 353 ....................... 13 .......................... 1,009 ........... 954 ............. 861
    Surely District 19 don't want to be outdone by the rest right?
    $1,246 psf seems like a good starter to me.

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    well done. Time to ask for 1350psf for my D12 City Regency.

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    Quote Originally Posted by Reporter
    Surely District 19 don't want to be outdone by the rest right?
    $1,246 psf seems like a good starter to me.

    On D19, 2 other new project launches have pulled off new highs...
    Glasgow Residence at a high of $1,285 psf and Suites@Kovan with a high of $1,225 psf in the month of January 2010.

    Seems like Kovan/Hillside projects are steam rolling ahead very fast!!!

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    Is the NEX mall really that wonderful?

    No. It's the NEX mall coupled with the Circle line station - plus not just any station, an INTERCHANGE station.

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    Jardin is neither here nor there, i can't believe it has a record

    Quote Originally Posted by Reporter
    Compared with District 12, District 21 is really one up. It has outshone Districts 10 and 11 with Jardin's $1,840 psf!
    I am speechless!

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    Quote Originally Posted by Regulators
    Jardin is neither here nor there, i can't believe it has a record

    Jardin 1840psf?

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    Jardin, Nexus, Floridian, Garden Vista and the lot near King Albert Park should not even exceed $1100psf coz they are in the lousy part of Bt Timah. That being said, Hillvista at $1100psf should be even more ridiculous. I think these buyers must be ardent FEO supporters

    Quote Originally Posted by Property_Owner
    Jardin 1840psf?

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    Quote Originally Posted by greenhorn, 18 February 2010 2.59 pm
    On D19, 2 other new project launches have pulled off new highs...
    Glasgow Residence at a high of $1,285 psf and Suites@Kovan with a high of $1,225 psf in the month of January 2010.

    Seems like Kovan/Hillside projects are steam rolling ahead very fast!!!
    So the following 3 District-19 projects have joined the OCR $1,200+ psf Club (whose members include Centro Residences, Trevista, Hundred Trees, Meadows @ Pierce, Serangoon Avenue 3 and Upper Thomson Road)?
    1. Glasgow Residence - $1,285 psf.
    2. Residences Botanique - $1,246 psf.
    3. Suites @ Kovan - $1,225 psf.

    Wow!
    In that case, shouldn't those who complained about Centro Residences in Ang Mo Kio joining the club slap their own faces as there are 3 from District 19?

    OCR $1,200+ psf Club is going to be the norm for OCR projects?

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    FEO can hold Jardin and continue this pricing until DTL2 King Albert Park station opens ... they sell based on future pricing

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    Quote Originally Posted by jlrx, 17 February 2010 11.22 pm
    Not bad. Almost on target $3,000 psf!

    But if $9,221 psf will be even better!

    If hit $9,221 psf I am going to buy a Panamera Turbo PDK (A)!
    Urban Suites may have missed your $3,000 psf by just $79 psf, but surely Orchard View's $3,243 psf is making you proud right?
    Quote Originally Posted by Reporter, Orchard View, 18 February 2010 10.27 am
    Oh my god!
    Orchard View has a nëw hïgh of $3,243 psf!


    Private Residential Units Sold in the Month of January 2010
    Project Name . Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
    Orchard View ... CCR ........ 4 ......................... 1 ............................ 3,243 ............ 3,243 .......... 3,243

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    Quote Originally Posted by Regulators
    Jardin, Nexus, Floridian, Garden Vista and the lot near King Albert Park should not even exceed $1100psf coz they are in the lousy part of Bt Timah.
    U know for Nexus, for the longest time, it's an abandoned construction site known as "Blissville", for many years, as long as I can remember. Such an eye sore whenever I pass by that part daily over these years. Then suddenly in 2007, it was relaunched as "Nexus" and sold out. And now, the one further behind, Floridian, is asking $1800 psf

    .. something is brewing.... I hope it's not 1996 once again

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    Beware. All the technical indicators have turned weak. I find the following analysis excellent. Note Chinese sold almost 5% of US Treasury when USD broke out of its 50dMA, it is not clear whether they continue to sell when USD broke out from 200dMA.

    http://pragcap.com/where-are-we-now-a-technical-look

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    Quote Originally Posted by Reporter
    Urban Suites may have missed your $3,000 psf by just $79 psf, but surely Orchard View's $3,243 psf is making you proud right?
    It's time I update my property spreadsheet.

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    Quote Originally Posted by Regulators
    Jardin, Nexus, Floridian, Garden Vista and the lot near King Albert Park should not even exceed $1100psf coz they are in the lousy part of Bt Timah. That being said, Hillvista at $1100psf should be even more ridiculous. I think these buyers must be ardent FEO supporters
    Maybe they are foreign buyers? The agent sell as Bt Timah, they go okay, here's my cheque.

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    i think floridian still at 14xxpsf? 1800psf was at 2007 peak. Jardin is supposedly unique, with garden backyards for many units and loft designs. the sales is slow and only those who appreciate such lifestyle are willing to pay 1800psf for it.


    Quote Originally Posted by amk
    U know for Nexus, for the longest time, it's an abandoned construction site known as "Blissville", for many years, as long as I can remember. Such an eye sore whenever I pass by that part daily over these years. Then suddenly in 2007, it was relaunched as "Nexus" and sold out. And now, the one further behind, Floridian, is asking $1800 psf

    .. something is brewing.... I hope it's not 1996 once again

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    How the next 5 years will be different
    A changing Singapore ... next 5 years
    Alicia Wong
    TODAY
    Friday, 19 February 2010


    Minister Mentor Lee Kuan Yew

    If the last 5 years saw an increased intake of foreign labour and immigrants, the next 5 will see, hopefully, locals stepping up to be re-skilled, re-trained and re-educated to keep Singapore's economy thriving as the inflow of foreigners is slowed.

    That difference was a central theme of Minister Mentor Lee Kuan Yew's annual speech at the Tanjong Pagar GRC Chinese New Year celebration dinner last night.

    Mr Lee explained to some 1,800 guests and residents why the Government had increased the intake of foreigners over the past five years.

    "The crucial thing for any country is to make economic progress. Without economic progress, with no growth, you'll not be here tonight," said Mr Lee, who cited examples of renovated estates, lifts being installed and new blocks being built.

    The higher pace of growth previously was, in part, due to foreigners here, Mr Lee said in acknowledgment of their contributions.

    "Without them, the 2 IRs would not be built, all the schools, buildings would not be there," he said.

    "So when you grumble about - Serangoon estate grumbles about the workers near the neighbourhood - please remember they're human beings. They come here to earn a living and do the heavy work for us. Without whom, you'll not be here."

    This year, "unless there's a setback", Singapore is expected to register 4% to 6% economic growth, he said - a tad higher than the 3% to 5% forecast by the Trade and Industry Ministry.

    Mr Lee painted a possible scenario, should the economy slow down in the future: Young Singaporeans will face difficulties finding jobs and will not be able to afford to buy new flats. Prices of all assets will go down, demand will drop, and salaries, jobs and promotions will decline.

    "When this happens, many of our own talents will leave for greener pastures, which will exacerbate the downward spiral and eventually lead to Singapore's decline," he said.

    "That is why the Government decided in the past 5 years that it was better to grow the economy and manage the accompanying social pressures, rather than slow down the economy," he said. "If our neighbours grow and we stagnate, Singapore will face a very different geopolitical environment in the future."

    With growth, it "cannot be helped" that Singaporeans will have to "put up with more crowded trains, more crowded buses", he said.

    Yet, the next 5 years will see a change. "Now we're going to do the reverse, we're going to slow down the intake (of foreigners)," he said.

    However, he cautioned against a "reverse spiral", which would result in "low growth, maybe even no growth".

    "To slow down our intake of foreign workers and yet continue to grow and prosper, our local workers must increase their productivity," he said.

    Two weeks ago, the Economic Strategies Committee released its recommendations, calling for a new phase in Singapore's economy - with a quantum leap in productivity.

    Mr Lee echoed the report when he said the next 5 years will offer many opportunities for Singapore, arising from East Asia's rise as the fastest growing region worldwide, with China and India leading the growth.

    "To do well in the next 5 years, we must raise skills across the board, have enterprise innovation and a restructuring of our industries," he said. "Every worker has to be re-skilled, re-trained and re-educated to achieve higher standards of capabilities."

    Mr Lee cited the need for retraining, in particular, among those above 45, who did not have the opportunity for an education as do younger people today.

    He said a "3-way partnership" between the Government, unions and employers will help achieve this. While the Government provides schemes such as the Skills Programme for Upgrading and Resilience, unions must encourage their workers to use the programmes, and employers must invest in re-training and up-skilling of their workforce.

    "Keep together, work together, grow, so your children will have a better futures, better schools ... Once you have no growth, nothing can happen, and we go down," Mr Lee said.


    "This year, unless there’s a setback we’ll make 4% to 6%. ... It means there are jobs, it means your salaries are firm, you get increments. It means your home prices stay up, your stock prices stay up and you are able to lead a better life. So carefully calculate what is in our interest, put up with the inconvenience and let’s make do."

    - MM Lee on economic growth

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    Quote Originally Posted by Reporter

    How the next 5 years will be different
    A changing Singapore ... next 5 years
    Alicia Wong
    TODAY
    Friday, 19 February 2010


    Minister Mentor Lee Kuan Yew

    If the last 5 years saw an increased intake of foreign labour and immigrants, the next 5 will see, hopefully, locals stepping up to be re-skilled, re-trained and re-educated to keep Singapore's economy thriving as the inflow of foreigners is slowed.

    That difference was a central theme of Minister Mentor Lee Kuan Yew's annual speech at the Tanjong Pagar GRC Chinese New Year celebration dinner last night.

    Mr Lee explained to some 1,800 guests and residents why the Government had increased the intake of foreigners over the past five years.

    "The crucial thing for any country is to make economic progress. Without economic progress, with no growth, you'll not be here tonight," said Mr Lee, who cited examples of renovated estates, lifts being installed and new blocks being built.

    The higher pace of growth previously was, in part, due to foreigners here, Mr Lee said in acknowledgment of their contributions.

    "Without them, the 2 IRs would not be built, all the schools, buildings would not be there," he said.

    "So when you grumble about - Serangoon estate grumbles about the workers near the neighbourhood - please remember they're human beings. They come here to earn a living and do the heavy work for us. Without whom, you'll not be here."

    This year, "unless there's a setback", Singapore is expected to register 4% to 6% economic growth, he said - a tad higher than the 3% to 5% forecast by the Trade and Industry Ministry.

    Mr Lee painted a possible scenario, should the economy slow down in the future: Young Singaporeans will face difficulties finding jobs and will not be able to afford to buy new flats. Prices of all assets will go down, demand will drop, and salaries, jobs and promotions will decline.

    "When this happens, many of our own talents will leave for greener pastures, which will exacerbate the downward spiral and eventually lead to Singapore's decline," he said.

    "That is why the Government decided in the past 5 years that it was better to grow the economy and manage the accompanying social pressures, rather than slow down the economy," he said. "If our neighbours grow and we stagnate, Singapore will face a very different geopolitical environment in the future."

    With growth, it "cannot be helped" that Singaporeans will have to "put up with more crowded trains, more crowded buses", he said.

    Yet, the next 5 years will see a change. "Now we're going to do the reverse, we're going to slow down the intake (of foreigners)," he said.

    However, he cautioned against a "reverse spiral", which would result in "low growth, maybe even no growth".

    "To slow down our intake of foreign workers and yet continue to grow and prosper, our local workers must increase their productivity," he said.

    Two weeks ago, the Economic Strategies Committee released its recommendations, calling for a new phase in Singapore's economy - with a quantum leap in productivity.

    Mr Lee echoed the report when he said the next 5 years will offer many opportunities for Singapore, arising from East Asia's rise as the fastest growing region worldwide, with China and India leading the growth.

    "To do well in the next 5 years, we must raise skills across the board, have enterprise innovation and a restructuring of our industries," he said. "Every worker has to be re-skilled, re-trained and re-educated to achieve higher standards of capabilities."

    Mr Lee cited the need for retraining, in particular, among those above 45, who did not have the opportunity for an education as do younger people today.

    He said a "3-way partnership" between the Government, unions and employers will help achieve this. While the Government provides schemes such as the Skills Programme for Upgrading and Resilience, unions must encourage their workers to use the programmes, and employers must invest in re-training and up-skilling of their workforce.

    "Keep together, work together, grow, so your children will have a better futures, better schools ... Once you have no growth, nothing can happen, and we go down," Mr Lee said.


    "This year, unless there’s a setback we’ll make 4% to 6%. ... It means there are jobs, it means your salaries are firm, you get increments. It means your home prices stay up, your stock prices stay up and you are able to lead a better life. So carefully calculate what is in our interest, put up with the inconvenience and let’s make do."

    - MM Lee on economic growth
    his leaps of logic and fallacious half-truths are astounding

  28. #268
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    is this election talk? election in june or december?


    Quote Originally Posted by august
    his leaps of logic and fallacious half-truths are astounding

  29. #269
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    Quote Originally Posted by amk
    .. something is brewing.... I hope it's not 1996 once again

    We'll have to see what happens when interest rates start going up again, which they must and most likely later this year.

  30. #270
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    Quote Originally Posted by Snail
    We'll have to see what happens when interest rates start going up again, which they must and most likely later this year.
    US FED reserve hike rate 50 bp last night ....

    lets see what happens ...

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