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.
Yes great spot
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.
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
Be a Singapore Citizen
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
Be able to speak and read basic English
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: