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Top News this Week (13 Nov)
By Financial Horse  •  November 13, 2022
Rounding up top investing articles from around the web, including articles shared in our Facebook Group and Reddit Community: r/SingaporeInvestments. Condo resale prices up 0.3% in Oct; fewer units sold following latest cooling measures (Straits Times) Property analysts attributed the dip to the market reacting to the property cooling measures introduced in September that tightened housing loans. OrangeTee & Tie chief executive Steven Tan said the dip in volume could be a result of the new 15-month wait-out period for private home owners under 55 years old who want to buy Housing Board resale flats after selling their private properties. PropNex Realty head of research and content Wong Siew Ying said the stock of resale condos remained tight, as highlighted by its property agents. “Given the healthy leasing demand and rental upside, many condo owners prefer to lease out their unit in a landlord’s market rather than sell. Furthermore, the financial position of many home...
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By Financial Horse
Financial Horse was founded with a simple goal – To provide high quality financial commentary, in plain English. He is a firm believer in Einstein’s quote that “If you can’t explain it to six-year-old, you don’t understand it yourself.” Too much of finance is shrouded in complex jargon, and Financial Horse aims to demystify financial investments.
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