• Price of living in Singapore vs that of US cities

    Looking at this and feeling darn the price of property in Singapore is so damn high. In fact, the price of living here is really choking me up.  If the predicted increase of COE is coming than i guess i am stuck with the public transport. Not that it is bad but honestly avoid the peak hours. It … [Read More...]

    Jun
    01

    Price of living in Singapore vs that of US cities


    Looking at this and feeling darn the price of property in Singapore is so damn high. In fact, the price of living here is really choking me up. 

    If the predicted increase of COE is coming than i guess i am stuck with the public transport. Not that it is bad but honestly avoid the peak hours. It is just too dam packed during that timing. Beside that the system is good.

     

    Being able to afford a piece of your favorite city can depend on your job. ​

     Credits: This Is the Salary You Need to Buy a House in 12 Major Cities
     

    May
    25

    A dip in Singapore economy expected? But how deep?

    When news such as retrenchment and low growth 0.2% (which is “better than the flat growth predicted in the advanced estimates last month.” – as quoted from the bottom article by today.) You know the economy is going to get a beating soon. I mean this is something most of us on the ground can already feel but such reports just kinda makes it more official.

    As i am typing this, i have a few friends whom would be worrying about their job as their company has already annouced plans for retrenchment (and yes they have been working for the company since graduation or approx 20 years). I have friends whom are breathing a sign of relieve as he knows he should be save as his all the other 4 senior member of his team of 5 has been retrench bar him. 

    Yes the down turn is obviously on the card but just how bad would it be this time? The last time this happened i was hiding safely in the hands of a govt link company. Now being in the private sector it does gives me the jitters.

    retrenchmentSINGAPORE – While layoffs are inevitable as companies restructure, they should consider alternative ways of managing excess manpower, such as redeploying workers, having a shorter work week and a flexible wage system, before turning to retrenchment as a last… Credits: Retrenchment should be last resort, companies told
     

    retrenchmentSINGAPORE – The Singapore economy grew 0.2 per cent on a quarter-on-quarter seasonally-adjusted annualised basis for the first quarter, due to an unexpected surge in manufacturing as the services sector contracted worse-than-expected. The performance was… Credits: Singapore economy grew 0.2% q-o-q for Q1
     

    Apr
    21

    A quick guide to starting a business in Singapore

    Many times i have friends asking me about setting up a business in Singapore. Often my reply is that Singapore is a easy place to start up a business. All you have to do is head to http://www.acra.gov.sg/ and register a business online or head down to the branch at tanjong pagar. 

    For company bank account opening, it is slightly more complicated due to the paperwork which you have to prepare for the bank. The article below should answer any question on that.

    Business owners in Singapore have a lot of options when opening a business bank account. Financial institutions offer many useful features that can help a business conveniently and efficiently manage their money. These include foreign currency and multi-currency accounts, business insurance, trade finance services,treasury and market services, liquidity management services, accounts payable services, credit cards, check books and internet banking.

     

    https://sg.finance.yahoo.com/news/setting-business-bank-account-singapore-140145640.html

     

    With this i hope it helps any wanna be start ups in their business registration.

    Ps: Sole prop basically means starting your business in your own name. Less paper work less hassle. Private Limited do scare many new entreprenurs but all it means is more account to be done but the business is recongnise as a seperate entitiy from you in the eyes of the law. For example: under sole prop you are the owner not an employee but under Pte Ltd you can register yourself as a employee.

    Sep
    28

    Oil fell despite lower US drilling activity

    Oil price has fallen again! Several of my friends and myself have concluded over a cup of coffee that the economy is likely to dip furthur next year. 

    Really planning to sit tight onto cold hard cash and try and make the most out of this. Good luck to all the investors out there :)

     

    SINGAPORE – Oil prices dropped in Asian trading hours on Monday despite a fall in U.S. drilling activity for the fourth straight week, with analysts pointing to a poor economic growth outlook as the main reason for low crude prices. China's August industrial…
    source: http://www.todayonline.com/business/oil-prices-fall-slowing-global-economic-growth-outlook

    Jul
    03

    HDB Sales Decline

    Yet another decline in HDB sales in the Singapore market which can only mean good news for couples whom are looking to buy their flat fast. With more interest on Exective Condo by those that can afford it and all the cooling measure, this can only mean better news ahead for flat buyers. 

    HDB's flash estimate of Q2 2014 Resale Price Index (RPI) is 196.0, a decline of 1.3 percent over Q1 2014 and this marks a price drop for fourth consecutive quarters. In a statement, PropNex said the falling resale prices can be due to various government measures to cool the public housing market, such as reducing the Mortgage Servicing Ratio (MSR) cap of 30 per cent and the maximum loan term of 25 years for HDB mortgage loans. The three-year wait before new PRs can buy resale flats, and allowing singles to buy two-room BTO flats in non-mature estates are also likely to be contributing factors, and these measures work in tandem to reduce the resale demand.

    ᔥhttps://sg.finance.yahoo.com/news/resale-hdb-prices-decline-054931573–sector.html

    Jun
    29

    Toiletbowl choke: What you should do.

    Found this article on choke toilet bowl that i belive would be useful for anyone. Learned how to deal with a choke the hard way as i continued flushing even when the water refuse to subside. This resulted in a very messy situation at the end. Read below for the full article:

     

    A toiletbowl choke or clog can be a rather embarrassing and highly inconvenient problem to deal with. With some clogs, the level of the water inside the toilet bowl will rise dangerously close to the overflow point, but eventually, the toiletbowl’s contents will go down the drain.

    This may continue on with each flush until the choke is dealt with. Other types of clogs may result in water and waste from the toiletbowl seeping out onto the floor, and the toilet may continue to run and cause a watery mess in your home until water leading to the toilet is turned off.

    Understanding how to deal with a toiletbowl choke is a necessity for any homeowner or renter.

    Turn Off the Water

    As a first step, you should immediately shut off the water main that leads to the toilet. Generally, this is accomplished by turning a little knob located on the wall behind the toilet. By turning this knob, you will stop the flow of water into the toilet. This will in turn stop additional water from pouring out of the toilet bowl. You should also take steps to clean up water on the floor before attempting to fix the toilet. This can prevent water damage from affecting your home.

    ᔥhttp://www.24hrsingaporeplumber.com/how-to-clear-a-choke/clear-toiletbowl-choke.html

    Jun
    28

    Luxury Yatch i Wish To Retire In

    Sure pays to be rich. How i wish i had the cash to blow and just buy a yatch like this to live in when i retire. Lovely design i must say.

    Have you ever wondered what it would be like to wander around inside a plush luxury yacht? Well, this is your lucky day. We’ve got a gallery of luxurious yacht interiors that will leave you wondering why the owners of these vessels would ever set foot on dry land. We start off with an in depth look at a two and a half deck single model 130 Sport Yacht…The main saloon of this yacht has been meticulously designed to be a stunning entertaining space.The yacht is a great place for guests, offering vast relaxation areas and even a bar.Amazingly, the dining area onboard can seat up to ten guests with ease.Under-bed lighting illuminates the floor area of the generous bedroom suites.A large shower and twin basin vanity furnishes the sophisticated bathroom.There’s even room for a gym to keep the owners in shape whilst out at sea.The sleek kitchen offers up high-end appliances and a layout large enough for more than just one chef to work their magic.A comfortable breakfasting area has built-in banquette seating.It’s even possible for buyers of this yacht to work with the designers in order to create a more personalized interior decor scheme, like the serene powder blue vision above.Moving on to some other tempting homes on the waves, this one with an open plan lounge diner.Look at the feature headboard in this example; extruded blocks gain added depth and drama from border lighting.Another huge dining suite provides opportunity for at sea social events.Dramatic dark décor surrounds this leather bedstead.A granite floor, countertop and shower wall gives this bathing space a sense of style and expense.This bright and breezy bedroom décor offers up a different feel altogether in this serene yacht interior.The en suite bathroom is another light and welcoming space.For more regular updates from Home Designing, join us on Facebook. If you are reading this through e-mail, please consider forwarding this mail to a few of your friends who are into interior design. Come on, you know who they are! Related Posts: 30 Extendable Dining Tables A Serene California Wine Country Home Impeccable Plantation Style Estate 5.7 Billion dollar resort that houses a 55 story high infinity pool Yet Another Luxury Caravan Cars Parked Inside Homes: Pretty or Pretty Weird? Credits: Luxury Yacht Interior Design
     

    May
    28

    Fall in price for resale private home in Singapore

    Following years of increase in the Singapore property market, the price of flat has once again fallen by another 1%. This is after several policy set by the Singapore government to curb rising cost of buying a flat in Singapore.

    This is definately good news for the singles out there whom are looking to get married and own their personal home soon:

     

    Resale prices of private homes fall further 1% in April PUBLISHED: MAY 28, 1:35 PM SINGAPORE — Resale prices of completed non-landed private homes continued to fall last month, according to Singapore Residential Price Index (SRPI) flash estimates released today (May 28), with the sharpest declines seen in non-central areas. The SRPI, compiled by the National University of Singapore’s (NUS) Institute of Real Estate Studies, showed overall prices decreased by 1 per cent in April compared with the previous month, slowing from the revised 1.4 per cent decline in March. Prices of homes in the non-central region, excluding small units, led the decline, falling by 2 per cent last month, compared to the 1.1 per cent drop in March, the SRPI data showed. However, prices of homes in the central region stayed flat after falling 1.8 per cent in March.

    ᔥhttp://www.todayonline.com/business/resale-prices-private-homes-fall-further-1-april

    Apr
    15

    Great Advice For Anyone Interested In Home Remodeling

    Many homeowners find the prospect of redesigning a bit frightening, especially when they’re starting up on the initial project. Still, it is something you will need to take care of as a homeowner. If you’re not sure how to deal with your plans for redesigning, then you have started reading the proper article.

    A specific addition to your property may add style and sophistication with it. For instance, a ceiling library or your wine cellar. It is going to seem outstanding in your guests and to future householders, who may be curious about buying your home. Don’t overlook small corrosion and mold problems. These issues often arise in older homes, plus they can easily take control a sizable area if left untreated. Address them before they get free from hand. Whenever you procrastinate, they’ll only worsen. To get rid of mold in small areas, try bleach. Sand down areas which may have a bit rust.

    Put time and energy into the two in and out of of your house. Redesigning also includes how your home looks. When you’re contemplating decorating the exterior as well as the interior, you should always spend some time to be sure that things are tied together. For those who have a leak inside the roof, repair it right away. When you wait a long time to repair the problem, the final results could be devastating. Talk to a local roof repair specialist. You need to make sure you have hired a skilled professional. Are you currently finding that your property is getting too bright during the day? Tinting your home’s windows may help. It’s a rather easy project you can do yourself. You will additionally save money on the cost of cooling your property. Now that you understand how to proceed, go do it. Commence any project immediately by using this article’s advice. Are proud of fixing your home. This short article ought to have simplified matters for you and given the confidence to go ahead on your projects now. [Read more…]

    Dec
    12

    Trans pacfic trade talk

    Trans pacific trade pact is still being negotiated in Singapore right now. I really wonder what the outcome will be like

    Trade ministers from the United States and 11 other countries opened talks Saturday in an attempt to meet a US deadline to forge a trans-Pacific trade pact before the end of the year.

    ᔥhttp://www.channelnewsasia.com/news/business/singapore/trade-pact-deadline-in/913952.html