
Daily Briefing: Beware of investing in foreign property; All eyes on Simpang Bedok
And Malaysia woes could drag Singapore's economy, minister warns.
Singaporeans have a huge appetite for investing in foreign markets, given sky-high property prices here, and a strong currency which stretches our purchasing power overseas. Investing overseas seems incredibly tempting, with ads promising no money down, guaranteed yields and returns, and a quality of life that would be much too expensive to enjoy in Singapore. Here are some factors those considering foreign investment should look out for. Find out more here.
It may not be a large estate likeTampines or Bedok, but the eastside gemknown as Simpang Bedok has long beena popular haunt, thanks in no small part to the many gastronomic delights in thearea. After all, Singaporeans are known for their love of all kinds of food, and there is certainly no shortage of relevant options here. Read more here.
Singapore will be negatively affected by the depreciation of the Malaysian ringgit and the countrys struggling economy due to close economic links between both countries, said Foreign Affairs Minister K Shanmugam. Discover more here.