Singapore 2050: A niche and luxurious country?
Property rising, continuous chain of en-bloc activities, upgrading neighbourhoods and even more foreign talent, boutique hotels and the anticipated F1 Grand Prix, Singapore is possibly, to some extent, trying to go as far as it goes; literally like the saying 'the sky's the limit'.
The future of Singapore, disregard the type of people that will be living in Singapore – as we know, by 2015 Singapore will be filled with more foreign workers – will be full of integrated and niche activities.
In my eyes, Singapore could be seen as a niche and luxurious country.
My reasons:
First, the government is looking at a population of eight million by 2015. Yes, yes, just like the song goes, 'What Singapore needs now is land, sweet land.' But just for an instance, let's do away with land and let us project where Singapore will be in the year 2050.
The outcome; more sophisticated, high-rised buildings, upgraded neighbourhoods, higher standards of living and possibly, even a new way of travelling. As it is, we recently have been introduced to Treetops@Punggol, a 'green' housing project which could possibly provide us a glimpse of our lifestyle in future.
Second, integrated programmes like the integrated resorts, F1 Grand Prix will definitely colour our Island. There is definitely bound for more programmes or activities to spring up along the way. Even more sophisticated, Singapore could even be seen as the Asian and modern version of Atlantis? Perhaps.
Looking at the map of buildings for Singapore over the next few years is definitely scary as this little Island is developing even more and at a break-neck pace that sometimes sends jitters down my spine when I think about the future of Singapore.
Nurwidya Abdul
The future of Singapore, disregard the type of people that will be living in Singapore – as we know, by 2015 Singapore will be filled with more foreign workers – will be full of integrated and niche activities.
In my eyes, Singapore could be seen as a niche and luxurious country.
My reasons:
First, the government is looking at a population of eight million by 2015. Yes, yes, just like the song goes, 'What Singapore needs now is land, sweet land.' But just for an instance, let's do away with land and let us project where Singapore will be in the year 2050.
The outcome; more sophisticated, high-rised buildings, upgraded neighbourhoods, higher standards of living and possibly, even a new way of travelling. As it is, we recently have been introduced to Treetops@Punggol, a 'green' housing project which could possibly provide us a glimpse of our lifestyle in future.
Second, integrated programmes like the integrated resorts, F1 Grand Prix will definitely colour our Island. There is definitely bound for more programmes or activities to spring up along the way. Even more sophisticated, Singapore could even be seen as the Asian and modern version of Atlantis? Perhaps.
Looking at the map of buildings for Singapore over the next few years is definitely scary as this little Island is developing even more and at a break-neck pace that sometimes sends jitters down my spine when I think about the future of Singapore.
Nurwidya Abdul
Labels: 2015, 8 mln population, Atlantis, En-Bloc, F1 Grand Prix, Foreign Property Funds, integrated activities, Treetops at Punggol
Selling your place En-Bloc...RESIST!
So the red hot market may have you thinking about whether or not your place should go up for sale En-Bloc so you can make a somewhat decent return and move to another place.
Well I say...RESIST THAT URGE!!!
Despite what initially looks good (basically, you buy a place...and when it collectively sells, you make a profit), but where are you going to go afterwards?
Property has been on fire in Singapore lately, rates have gone up, selling prices have doubled in some cases, and people are flipping properties and cashing in left and right it seems.
Prices are probably going to be higher for a place of similar quality, or, further up the luxury chain than what you're already living in. The rush to flip property has given some people a very short-sighted view of what happens beyond the sale when they have to move out and live someplace else.
In some cases, you may have to downgrade just to be able to afford a place of lesser quality because housing prices have shot up so much the past year. I should know, I live way out in Tampines cause I couldn't afford anything downtown!
So if you get caught in that predicament of selling your place en-bloc (or just selling it in general) make sure that you have a realistic expectation of what your next dwelling will cost you, pick it out ahead of time and do your homework. Then when your place sells en-bloc, you'll be confident to know you wont be stuck in the same predicament all your neighbors are in.
Thats just my 2 cents worth, but, it always makes sense in life to me to think 10 steps ahead instead of 2, especially for something like this.
Curtis Bergh
ArchivesWell I say...RESIST THAT URGE!!!
Despite what initially looks good (basically, you buy a place...and when it collectively sells, you make a profit), but where are you going to go afterwards?
Property has been on fire in Singapore lately, rates have gone up, selling prices have doubled in some cases, and people are flipping properties and cashing in left and right it seems.
Prices are probably going to be higher for a place of similar quality, or, further up the luxury chain than what you're already living in. The rush to flip property has given some people a very short-sighted view of what happens beyond the sale when they have to move out and live someplace else.
In some cases, you may have to downgrade just to be able to afford a place of lesser quality because housing prices have shot up so much the past year. I should know, I live way out in Tampines cause I couldn't afford anything downtown!
So if you get caught in that predicament of selling your place en-bloc (or just selling it in general) make sure that you have a realistic expectation of what your next dwelling will cost you, pick it out ahead of time and do your homework. Then when your place sells en-bloc, you'll be confident to know you wont be stuck in the same predicament all your neighbors are in.
Thats just my 2 cents worth, but, it always makes sense in life to me to think 10 steps ahead instead of 2, especially for something like this.
Curtis Bergh
Labels: En-Bloc, Housing, Real-estate, Singapore
January 2006 February 2006 March 2006 April 2006 May 2006 June 2006 July 2006 August 2006 September 2006 October 2006 November 2006 December 2006 January 2007 February 2007 March 2007 April 2007 May 2007 June 2007 July 2007 August 2007 September 2007 October 2007 November 2007 December 2007 January 2008 February 2008 March 2008 April 2008 May 2008 August 2008 September 2008 October 2008 November 2008 January 2009
