Aside from covid, Singapore has the advantage of speaking English. And enough Chinese to connect with China as well.Lisafuller wrote: ↑Fri, 16 Jul 2021 12:59 pmSouth Korea and Japan are not bad options, but unfortunately they’ve handled the COVID crisis poorly, especially in comparison to Singapore.
Very true, I was just trying to present some alternatives.smoulder wrote: ↑Fri, 16 Jul 2021 1:08 pmAside from covid, Singapore has the advantage of speaking English. And enough Chinese to connect with China as well.Lisafuller wrote: ↑Fri, 16 Jul 2021 12:59 pmSouth Korea and Japan are not bad options, but unfortunately they’ve handled the COVID crisis poorly, especially in comparison to Singapore.
Yeh, was referring to regional office in asia, not manufacturing outposts. In any case, good chance we see house prices continuing to rise due to continued migration. ie relocation of either Hk operations to sg, or companies choosing sg instead of hk. Unless you can think of another viable city, which I can’t think of at the mom.malcontent wrote: ↑Sat, 17 Jul 2021 12:12 amEnglish is not always a major concern, it depends on the operations. My company has manufacturing in China, Japan, Korea, Thailand, Indonesia and India. Singapore is mostly marketing & distribution, plus some specialists and back office functions. For tax purposes, we treat Singapore as our Asia Pacific HQ and have our highest ranking officers in the region located here - - that is more about taxes than it is about convenience and quality of life.
That is quite a bold prediction. I am not sure if you have been long enough in Singapore. Rents are very sticky on the downside but rise rapidly on the upside. What we have now is very similar to 2009, economy coming out of crisis and rents starting to rise rapidly. They didnt stop rising until 2014 and after that they starting falling only ever so slightly.madasahattersley wrote: ↑Wed, 21 Jul 2021 12:49 pmI think Singapore residential property prices are ridiculously inflated already based on;
1) Extremely poor rental returns already (a $2m condo will get approx $40k in gross rent PA - even worse for landed properties)
2) A huge number of empty units with landlords unwilling to negotiate
3) The demographic paying most of the rent on private condos and houses (i.e. affluent foreigners) fleeing Singapore at an unprecedented rate
We've just had to sign a new lease which is annoying because I think it's clear that the market is going to crash very hard in the next year.
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