Property
The desire to win versus the fear to lose
By Property Soul  •  August 19, 2015
As the whole nation was in celebratory mood for our Jubilee National Day, I couldn’t help wondering what makes us uniquely Singaporeans. Winning the Singapore way TODAY conducted a street poll with 525 respondents and asked for three words that best describe the Singapore identity. As everyone would have expected, the word that mentioned most was “kiasu”, or the Hokkien word behind “fear of losing”. Drive along any expressway in Singapore. If you find a car hogging on your left lane some distance behind, simply signal left and it will automatically speed up in a split second. It works over 90 percent of the time. The relaxed driver originally has no intention to keep pace with the car in front. But when a perceived competitor is in sight, the fear of losing immediately prompts the driver to take action. The drive comes not from the desire to win, but the ......
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By Property Soul
I have developed a strong passion for properties since young. In my 20s, I was relocated to Singapore where I bought my first condominium unit at the end of 2002. I added four more to my property portfolio in 4 ½ years’ time. I never expected their total value could be doubled in just a few years.
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