Property
Coronavirus and SARS: How It Might Affect The Singapore Property Market
By Stacked Homes  •  February 25, 2020
Wuhan Virus, Coronavirus, 2019-nCoV, COVID-19, Coronavirus 2019. Call it whatever we want, but there’s no denying that it’s already wreaked havoc across our tiny island. Empty grocery shelves and over-priced masks have been lining the news bulletins these past weeks, fueling all sorts of reactions amongst the good citizens of Singapore. Tourism has fallen.. The Singapore Dollar is slowly dropping. And to make matters worse, the UK, Qatar, Kuwait, and Israel (amongst a bunch of other countries) are dishing out travel advisories to their citizens to avoid Singapore as a travel destination (at all costs) for the foreseeable period. This, after the recent string of infected cases this CNY plunged our DORSON level straight into that auspicious orange range (coincidence? I think not). And as if all that isn’t enough, everywhere I go, I hear people saying – ‘Aiya, economy die already la like that – confirm recession liao’...
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By Stacked Homes
The Stacked Homes editorial began in February 2017 to provide the latest news and analysis on property in Singapore.
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