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Daily Briefing: Bedok embraces online shopping; ARA Asset Management on property investing
And how to boost rental yields amidst cooling measures.
- With the rise of e-commerce, heartland businesses are struggling to compete with their online counterparts. One heartland has seen the threat, and has gone online. A local marketing company Egalite Marketing Private Limited has started a one-of-a-kind community project, OneBedok.Com, that provides heartland businesses in Bedok an online platform to sell their wares. Read more here.
- Watching the property market is a past time for many Singaporeans, most of whom own their own home. With China's recent devaluation of the yuan, we asked ARA Asset Management group CEO John Lim, who is also one of Singapore's 50 richest based on Forbes' 2014 list, in an email interview Thursday how he sees the property market faring. Find out more here.
- It is common knowledge here that renting part of your home or your entire property for rental yields is one of the best way to make a passive income here in Singapore. With rental income coming off slightly in the last 2 years due to cooling measures, what can you do to optimise your rental income amidst the sliding rent yields? Learn more here.