Stronger Singdollar makes ‘long Singapore property, short overseas property’ strategy compelling
Local currency strength can erode overseas property returns, while foreign purchases of Singapore real estate may gather momentum
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[SINGAPORE] Is the new king dollar no longer the US dollar but the little red dot’s Singapore dollar?
DBS’ Singapore 2040 report is bullish on the Republic. It sees the economy doubling, the Straits Times Index reaching nearly 10,000 points and the Singapore currency possibly achieving parity with the greenback by 2040.
Will the projection of Singapore dollar and US dollar parity be way off? Possibly not.
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