A short break

Off to take a short break and hopefully it will do us good in certain decision making.

Just the two of us. We can make it if we try!

Happy Birthday, Singapore!

Dear Singapore

I realised after living overseas for just a short while that I truly love you. Many years ago, as a young woman, I had often thought of relocating and I even made deliberate choice of study just so that my certificate could open doors for me.

I grumbled about the monotony of life in Singapore and the idiosyncrasies of our fellowmen. I bemoaned the high COE prices and road congestions and thought that public transport was no better as the train seemed to always turn into cans of sardines (oh, and with all those odour!)  during peak hours.

I can go on and on about our local fashion scene, high HDB prices, mediocre nightlife and many copied theme parks.

But since living apart from you, I realised I do appreciate you for all that you are. In fact, I find myself being a complaining and whining lass. There are so many things that I can be thankful for and have taken for granted.

I will just end here. I’m frustrated with public housing prices now but also know that in comparison with other similar-kind of cities, we are still ok.

That’s all. Stay strong and safe, dear Singapore. I’ll be back and serve you again. Soon.

Is waiting the only solution?

Both of us had a sleepless night in Boston.

We were thinking about the next move. Is it prudent to go ahead to purchase that apartment? The price (COV) is incredibly ridiculously (some say) high and with the gloomy economic situations now, with every piece of news we heard hardly encouraging, we are thrust into confusion, again.

And 90% of the people whom we sought for advice have asked us to WAIT. Only two, one being my dad, have commented that if we are okay with it, then go ahead. It’s hard to tell the times right now. During the 2008 economic crisis, it was anticipated that HDB prices would drop but they didn’t. They only escalated, thanks to our wealthier counterparts, either new citizens or those who downgraded from  private property (among the few players), sending us into panic attacks.

What’s going to happen next? Will the same scenario surface or will the prices really go down – by how much and for how long?

It is said that prices will drop when there are more supplies than demand which will happen in 2-3 years time or a severe recession which will kill demand. But will the latter happen (honestly, I don’t want that to happen to my country).

We are clueless, frustrated and tired from a lack of proper rest.

What’s next? Should we wait? Is that the only solution?