The Business Times
business-time-50
THE LEVEL GROUND
·
SUBSCRIBERS

What if homes were sold only for occupation and not investment?

google-preferred-sourceAdd BT as a preferred source
Leslie Yee

Leslie Yee

Published Mon, Jan 23, 2023 · 03:00 PM
    • As almost 90 per cent of resident households own their homes, one's home is a key asset for many people.
    • As almost 90 per cent of resident households own their homes, one's home is a key asset for many people. The Straits Times

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    LAST month, I took some time off work and allowed my mind to wander. I imagined an alternate universe in homeownership in Singapore, where homes are almost exclusively used for occupation and not investment.

    I have been writing this column for about two years. I started in January 2021 as a freelance contributor, with the column running on a bi-weekly basis. I have since become a full-time staff and the column runs on a weekly basis.

    My column focuses on physical real estate, not that in the metaverse, which my school-going daughter is much more familiar with than I am. Fortunately, the physical property space in Singapore is rather eventful, hence giving me material to dissect.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    ResidentialSingapore propertySingapore residential propertyHousingHDBThe Level GroundSpotlight

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback

    TRENDING NOW

    Malaysia Madani, or Civil Malaysia, is Prime Minister Anwar Ibrahim's slogan encapsulating positive values (such as humanity and strong governance) that would shape policy direction. But the "corporate mafia" claims have now cast the spotlight on governance credibility.

    From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?

    While residential property has delivered solid gains, observers say other assets such as equities often outpace it over the longer term.

    Higher costs, lower returns: Why are Singaporeans still betting on real estate?

    Malaysia ranks 23rd globally on the Milken Institute’s global opportunity index.

    South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report

    Eu Yan Sang group chairman Richard Eu has been with the company since 1989 and has seen plenty of change over the years, such as how employees view their jobs.

    Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More