Income Inequality in Singapore: Our Annual Peek (2013)
Income inequality measures how much richer the rich are, compared to the poor. It’s a polite term economists created, to replace: “Here’s how far the poor are from ramming sharp...
1 May 2013
HDB Loses $1 Billion a Year, and Why You Shouldn’t Care
Some Singaporeans asked that land costs be excluded from HDB pricing. The answer to this was a stern no. Too much social welfare, as we all know, leads to laziness, communism, and Satan...
30 April 2013
Is Childcare Affordable in Singapore?
Historically, the most affordable childcare system comes from Sparta. They just left the toddler out for the night, and if he didn’t get eaten by wolves, he was probably prepared for anything....
26 April 2013
Top 10 Well Paying Jobs in Singapore in 2013 (That You Might Be Able to Do)
When you step out of university you’re probably young, driven, and full of passion. Ready to do a job that changes lives. Ready to be someone who matters, damn it....
29 March 2013
Key Expenses That Medisave Should Cover (But Doesn’t)
Have you ever had a migraine, then struggled to pry the top off a child-proof bottle of aspirin? Yeah, what you need is right in front of you, but you...
27 March 2013
The 7 Highest Paid Political Leaders in the World (2013)
When it comes to politics, pay’s a difficult issue. Sure, the current leader may be expensive, but consider the alternative: All it takes is one under-qualified choice, and the economy’s...
21 March 2013
The Pros and Cons of Buying Property in Malaysia
Singapore houses comes in two price ranges: Expensive, and too expensive. So when it comes to investment properties, our options are pretty limited. We’re either buying property overseas (preferably Malaysia),...
11 March 2013
5 Key Factors to Look For When Buying Singapore Property
The humanity of property investors has an “off” switch, and it’s flicked during valuations. Tell them a bungalow was a treasured family home, and they’ll roll their eyes and insist...
6 March 2013
Commercial Property Loans
What You Should Know Regarding Commercial Property Loans
There are 3 types of situations that apply to commercial loans: Individual buying a commercial property Company buying residential property Company buying commercial property Before proceeding in taking up a...
5 March 2013
5 Sneaky Property Agents’ Tactics to Watch For (in Singapore)
So you think property agents are all cheats, do you? You think every last one is just out for your money. Well that’s not fair, because I’ll have you know you’re...
21 February 2013
What You Need To Know About The Progressive Payment Scheme
Under the standard Sale & Purchase Agreement, purchasers are required to make instalment payments of the purchase price, typically referred to as progress payments, as and when the developer completes...
16 February 2013
3 Tips for Recovering From Serious Debt
There are two kinds of debt: The sort where you skip good lunches, and the sort where you’re researching the market price of your less important internal organs. There’s a...
28 January 2013
5 Cars You Can Buy (Overseas) For the Cost of a Toyota Corolla in Singapore
Some Singaporeans might feel a car is the best investment. This is what happens when you don’t understand the meaning of the word “investment”, or what money is even actually...
23 January 2013
How Singapore’s 7th Round of Cooling Measures Affects You
If you see property agents walking all bow-legged, hand them a Panadol: The poor guys just took a knee to the groin. It’s from the government’s secret fighting move: The...
14 January 2013
Prettify Your Home for Free: 5 DIY Renovations Anyone Can Do
Contractors and architects make their job look like rocket science. But seriously, how hard can it be? Short of accidentally removing a load-bearing wall, and then being crushed to death...
14 December 2012
The Expat’s Guide to Singapore’s Internet Service Providers
Singapore has a wide range of Internet Service Providers. Assuming your definition of “wide” is “barely not a monopoly”. The scene is dominated by three big companies (M1, Starhub, Singtel),...
29 November 2012
60 Year Leasehold Homes: Are They Worth Buying?
It’s finally happened: The government has sold land on a 60 year lease, for the development of private housing. The excitement is…not palpable. So far, most Singaporeans are lukewarm. It’s...
21 November 2012
How to Decide Between Fixed and Floating Rate Home Loan Packages in Singapore
Amongst home buyers, there is constant debate over whether fixed or floating rates are better. Some argue that fixed rate packages support sound money management; others claim floating rate packages...
14 November 2012
Home Loan Refinancing: Have MAS Rulings Confused Some Banks?
If you’ve just tried to refinance your home loan, you may be feeling confused. Different banks may have given different answers to your refinancing questions. It’s not their fault: The...
31 October 2012
1 Month Vs. 3 Month SIBOR: Which is Better?
When picking a home loan package that is pegged to the SIBOR, you will typically be offered a choice of different rate structures: 1 month SIBOR, 3 month SIBOR, etc....
30 October 2012
Investing in Physical Gold: Is It Worth the Cost?
Never discuss physical gold vs. gold funds without a first aid kit. Or an ambulance on standby. I asked about it once…I mean once as in a passing whisper of a...
29 October 2012
The Pros and Cons of Investing in Art
Noticed the global economy lately? Stocks are performing like horse drawn carriages in the Monaco Grand Prix. Investors are now looking for alternatives, and one of these is art. Since...
19 October 2012
The Difference Between SIBOR and SOR Based Home Loans in Singapore
If you’re looking for a home loan, you may have heard the terms SIBOR and SOR. Most home loans in Singapore are based on one of these two reference rates....
17 October 2012
No More Loan Subsidies for Singaporean Home Buyers: What are the Effects?
Hi there, home loan delivery. Here’s your mortgage package, with an extra serving of unnecessary difficulty. What’s that? You didn’t order extras? Well tough; eat it or stay homeless dude....
9 October 2012
5 Tips for Renting an Apartment in Singapore
Why do people keep e-mailing me about “a cheap place to rent” in Singapore? It almost doesn’t exist, okay? You’d have better luck finding professional surfers in Afghanistan. Down here...
5 October 2012