Yes great spot
Singapore may well become a nation of landlords with no tenants
I did a project in the old Caltex house or Chevron house as its now called in Raffles place.
Wework just renovated 5 floors but no customers, as usual, the rest of the building is empty less the ground 2 retail floors.
Office property is not looking good now or in the future, the wuhan wog has proven to bosses that they can do without huge offices, seems its about 50-50 on staff that prefer home or office.
So why have the staff in Singapore?
With video conferencing so good and 2 years for everyone to get used to it, expensive office space is just that.
Added to many foreign companies that are having so much trouble with getting staff or permits for foreign staff added to high costs have left or about to.
I notice staff leaving the marinas and going home average salary SGD 1600, they live better back in their home contries. Long time restaurant staff also going for same reasons.
When business runs out of cheap labour 99% of Singapore run businesses just dont know how to compete as several generations just dont have that skill set.
Yet landlords keep jacking the rent.
Maybe it is not as bad as Powerabout appears to see it.
He tend to see the glass to be not half full, or half empty, but totally empty and even cracked.
Some are seeing opportunities in Singapore and moving in to take advantage of those opportunities:
With the world opening up to travel again and Australia allowing their citizen to return, maybe it is time to consider a move??
Why stay in a country that is populated by people that live in HDB flats and know nothing about their own country and how it is being run. (Badly according to the talk around the table at the marina)
As you clearly just pointed out they are offering money to get foreign companies to stay
It comes to grinding halt without foreigners as was proven in the start of the wuhan wog problem.
The locals joked that the only thing that runs without foreigners are taxi’s which was blatantly obvious to all.
( must be a singaporean to drive a taxi)
Why stay, do you still not know why expats live in Singapore?
Its suits me and the gov perfectly that the HDB dwellers think like you do and only source for information is the newspaper for all insite into Singapore
So less ships, thats a surprise so the port congestion must be lack of staff?
Sad story from Singapore.
No all Expats are not leaving and thus S’pore going back to “3rd world status”.
It is much worse then that:
Not so any more. (In fact it hasn’t been since 2016):
Pretty sure thats all the ones that cant do street pickup like grab etc meaing private hire.
For the existing
https://onemotoring.lta.gov.sg/content/onemotoring/home/driving/vocational_licence/vocational_licence_application.html
Requirements
To apply for a Taxi Driver’s Vocational Licence (TDVL), you must meet the following requirements:
-
Be at least 30 years old at the point of application
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Be a Singapore Citizen
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Have a valid Class 3 or 3A Singapore driving licence for a continuous period of at least 1 year at the point of application
- An applicant with a suspended or disqualified driving licence may be considered after the suspension or disqualification is over
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Be able to speak and read basic English
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Have up-to-date Medisave contributions (if you are self-employed)
Singapore need more housing for a growing population, but land is scares and green lungs are needed, both for human recreation and wild lift movement between the larger catchment area. Not an easy task to manage when there are so many consideration to take and so many people with different opinions and needs to satisfy:
Hard to understand who is moving into these flats with a falling population and low birth rate?
Maybe your buddies has been feeding you wrong info:
Singapore Population | 2021 Data | 2022 Forecast | 1960-2020 Historical | Chart | News.
Yes birth rate are low:
DOS | SingStat Website - Births and Fertility - Latest Data
Migration has been the growth factor for the last 30 years.
If you are interested in real facts, here is all you need to know about the subject of Singapore population trend since 2010:
Your quoting facts from 3rd party site??
Those figures are for the standing population in Singapore, just over half that are actually Singaporeans.
Only Singaporeans can buy a new HDB
There are 2,653,942 voters heading to the polls this year, up from 2,460,484 in 2015.
Age 21 and above can vote
Maybe the answer is here, more singles in flats yet less people in total??
( seems like 2 gov sites have different messages, no surprise there is a big disconnect between the left hand and the right hand in the gov here. Divide and conquer itself. )
Gov building smaller flats and cant understand why people have no or only one kid, like DOH
In the brochure they look so happy
Know Singapore…
got an item shipped lcl, ship has unloaded, agent says 20 days to get it, we have no workers, sorry
Typically lcl is next day, whole container is same day, great service.
Because the immediate need to get people out of the Kampongs (segregated by race and Chinese dialect Clans) and into (mixed) modern housing is far behind.
Demand for HDB flats are far less than it was in the 1970s/80s so the construction of new block is not as urgent. (At the peak a new flat was completed every 45 min.)
At the same time the demand is for higher quality so many of the early blocks are demolished and New Towns are springing up in areas that was regarded as “too far away” before MRT was available all over the island.
New flats are now offered on “Build to Order” principe to avoid oversupply:
https://www.hdb.gov.sg/residential/buying-a-flat/new/sales-launches/bto-sbf-open-booking
New HDB-flats are only available to Singaporeans that is married, or singles over 35 years of age. This has resulted in “kids” staying with their parents for much long than is healthy.
At the same time it is encourage for young couples’ to buy flats near their parents so they can look after them longer. (Extra subsidize are offered)
PS> Young Singaporeans no longer ask; “Will you marry me?”, they now ask; “Shall we apply for a HDB-flat together?”. 
They are building new HDB flats at a huge rate, hence my first comment.
Yes thats been going on for many years
https://www.hdb.gov.sg/cs/infoweb/about-us/news-and-publications/annual-reports
2020/2021 rate of building has dropped off due to covid and no workers, that is getting worse so 21/22 figures wont be good
Cant wait for free travel and the airport but with no workers…ahhhh
Back in the day before MRT we rarely strayed much beyond Sembawang or Jurong. During the weekends we headed up to Mersing and out to an island Pulau Babi for beer and BBQ. We had a native hut there built for $400 Malaysia with a concrete pit for the beer and ice. “Borrowed” furniture and items transported up by naval craft completed the arrangement.
DOH,
you fly in an SIA plane ( after attending a football match in Europe with no masks) with hundreds eating with mask off in recycled air then you get to Singapore whole family in taxi and yet only 2 people can sit at a restaurant table so your 3 kids spread over 2 more tables and if a local muppet sees you talk to your children they will report you to the police.
The world is laughing
Sorry to post a newspaper article again, but it saves me from writing a long post myself:
The article have pictures, facts and figures if anybody is interested in such things.
Singapore is a modern country, in some areas but not here
Leong Mun Wai asks MOM who’s responsible for lapses at Westlite migrant workers’ dorm (msn.com)
The slaves are revolting
of course lots fed up and leaving so ships not being unloaded and just about everything else running slowly as no workers except the jobs reserved for Singaporeans, driving Taxis and delivering food on bicycles.