Property
Singapore should re-position Sentosa as the ‘new Bali’, says CDL chairman Kwek Leng Beng
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  February 24, 2019
Read? Singapore should re-position Sentosa as the 'new Bali', says CDL chairman Kwek Leng Beng Singapore's second-largest developer has a suggestion for the government: re-position the billionaire enclave of Sentosa as a tourism mecca like Bali. Property values at Sentosa Cove, a residential area nestled on a tiny island off the south coast, have been hit particularly hard, with home prices down about 30 per cent from the highs seen in 2010. Even as the rest of the nation's residential market staged a recovery in the first half of last year, Sentosa remained stubbornly in the doldrums. "Sentosa was touted when it first started for the rich and famous," Mr Kwek said on Thursday (Feb 21) at the release of the company's fourth-quarter earnings. "Subsequently, her parents just forgot about this young lady. I would like to suggest that they should re-position it as the new Bali." THE BILLIONAIRE HAVEN IN SINGAPORE SUFFERING A LOST DECADE What...
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By Create Wealth Through Long-Term Investing and Short-Term Trading
I am 62 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016. Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 3nd year Uni in SUTD. I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild. I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038. Cheers!
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