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NewbiA

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- NewbiANewbiA
  ·2022-09-27
  Im excited!!!
  Dear TSLA Stock Fans, Mark Your Calendars for Sept. 30
  Tesla (TSLA) is gearing up for another important event.The end of this week marks AI Day and invitat
  Dear TSLA Stock Fans, Mark Your Calendars for Sept. 30
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- NewbiANewbiA
  ·2022-09-23
  Question from Newbie
  Can someone educate me what are all these for? So what if you buy them? For holding?
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  Question from Newbie
- NewbiANewbiA
  ·2022-09-19
  Well, when u buy u need to be prepare that ur money can be gone. So to me sell low is more painful because it will mean a definite loss instead of paper loss..
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- NewbiANewbiA
  ·2022-09-17
  Thx u
  SGX Weekly Review: NASDAQ’s Big Decline, Yahoo and Citibank Partnership and Frasers Hospitality Trust’s Privatisation
  NASDAQ’s Big DeclineThe NASDAQ Composite Index took a sharp tumble on Tuesday, falling 5.2% to 11,63
  SGX Weekly Review: NASDAQ’s Big Decline, Yahoo and Citibank Partnership and Frasers Hospitality Trust’s Privatisation
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- NewbiANewbiA
  ·2022-09-14
  Even new hdb are so exp now
  Singapore Property Is Unaffordable, Six Out of 10 People Say
  City-state’s real estate market defies gravity, fueling angstRising rates are having a limited impac
  Singapore Property Is Unaffordable, Six Out of 10 People Say
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Elon Musk has proven to be a highly effective master of ceremonies, giving investors a lot to watch at both the Gigafactory Berlin Delivery Day and the Gigafactory Texas Cyber Rodeo. Now the electric vehicle (EV) leader is preparing for another important event, one that promises the reveal of several highly anticipated products and updates. Friday, Sept. 30 marks Tesla’s AI Day 2022 and the world is watching keenly to see what updates the company will reveal.</p><p>TSLA stock spent most of last week on a downward trajectory as news of the latest Federal Reserve rate hike pushed markets down. It rose 0.25% on Monday. Tesla has a significant fan base and it will be eagerly standing by to learn more about some of the company’s most exciting new products.</p><h2>What AI Day Means for TSLA Stock</h2><p>What’s behind the momentum pushing TSLA stock up today? 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That update generated some controversy but <i>InvestorPlace</i> contributor David Moadel argued that it could send TSLA stock as high as $500 per share.</p><p>To fully assess how high share prices can rise, though, investors need to know more about Tesla’s FSD progress. AI Day is coming at a convenient time and all investors should be watching carefully. TSLA stock is likely to keep rising this week. 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Elon Musk has proven to be a highly effective master of ceremonies, giving investors a lot to watch at both the Gigafactory Berlin Delivery Day and the Gigafactory Texas Cyber Rodeo. Now the electric vehicle (EV) leader is preparing for another important event, one that promises the reveal of several highly anticipated products and updates. Friday, Sept. 30 marks Tesla’s AI Day 2022 and the world is watching keenly to see what updates the company will reveal.TSLA stock spent most of last week on a downward trajectory as news of the latest Federal Reserve rate hike pushed markets down. It rose 0.25% on Monday. Tesla has a significant fan base and it will be eagerly standing by to learn more about some of the company’s most exciting new products.What AI Day Means for TSLA StockWhat’s behind the momentum pushing TSLA stock up today? Most likely, anticipation for the debut of the Tesla bot.Last year, The Tesla AI Day brought the unveiling of the Tesla Optimus or the “Tesla Bot,” a humanoid robot that called to mind images of science fiction films for some. For others, it signaled that the future predicted by some sci-fi authors may not be so far off. News of the bot quickly captured the attention of the internet and its fans have been anxious to hear more about it. Now Tesla has promised that at AI Day 2022, they will have exactly that opportunity. On Aug. 23, it tweeted the following:AI Day 2022 on Sept 30 🤖 pic.twitter.com/S9LZ5SefUC— Tesla (@Tesla) August 23, 2022The image clearly highlights the fact that Tesla is centering the event around the robot. But that’s by no means the only area that investors should be watching. One invitee tweeted the company’s description of the event, including a screenshot of the initial email”You’re invited to attend AI Day 2022 on September 30 in Palo Alto, CA. You’ll learn about Tesla’s latest developments in artificial intelligence, including Full Self-Driving, Tesla Bot, Dojo, and more.Investors should be keen to learn more about Tesla’s Full-Self Driving (FSD) technology. In August 2022, Musk turned many heads when he announced plans to have full autonomous Teslas on the road by 2023. That didn’t convince everyone, as the company has missed plenty of deadlines before. As InvestorPlace reported: “Tesla still has to prove it can fix all the bugs before it takes us to the self-driving future Musk has long promised.”The Road AheadThe news came shortly after Musk tweeted that Tesla would be increasing the price of its FSD software package. That update generated some controversy but InvestorPlace contributor David Moadel argued that it could send TSLA stock as high as $500 per share.To fully assess how high share prices can rise, though, investors need to know more about Tesla’s FSD progress. AI Day is coming at a convenient time and all investors should be watching carefully. TSLA stock is likely to keep rising this week. Whether it keeps trending upward after that will depend on what news AI Day brings.","news_type":1},"isVote":1,"tweetType":1,"viewCount":588,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9913175238,"gmtCreate":1663946109925,"gmtModify":1676537368756,"author":{"id":"4125010526198102","authorId":"4125010526198102","name":"NewbiA","avatar":"https://community-static.tradeup.com/news/237c8ed5752335190eff935b24556d23","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4125010526198102","authorIdStr":"4125010526198102"},"themes":[],"title":"Question from Newbie","htmlText":"Can someone educate me what are all these for? So what if you buy them? For holding?","listText":"Can someone educate me what are all these for? So what if you buy them? For holding?","text":"Can someone educate me what are all these for? So what if you buy them? For holding?","images":[{"img":"https://community-static.tradeup.com/news/498bd3b41db5cd2527af3adeb6c7e645","width":"1080","height":"2400"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9913175238","isVote":1,"tweetType":1,"viewCount":430,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9910808043,"gmtCreate":1663588283583,"gmtModify":1676537296478,"author":{"id":"4125010526198102","authorId":"4125010526198102","name":"NewbiA","avatar":"https://community-static.tradeup.com/news/237c8ed5752335190eff935b24556d23","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4125010526198102","authorIdStr":"4125010526198102"},"themes":[],"htmlText":"Well, when u buy u need to be prepare that ur money can be gone. So to me sell low is more painful because it will mean a definite loss instead of paper loss..","listText":"Well, when u buy u need to be prepare that ur money can be gone. So to me sell low is more painful because it will mean a definite loss instead of paper loss..","text":"Well, when u buy u need to be prepare that ur money can be gone. So to me sell low is more painful because it will mean a definite loss instead of paper loss..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9910808043","isVote":1,"tweetType":1,"viewCount":632,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9937373938,"gmtCreate":1663375278425,"gmtModify":1676537260617,"author":{"id":"4125010526198102","authorId":"4125010526198102","name":"NewbiA","avatar":"https://community-static.tradeup.com/news/237c8ed5752335190eff935b24556d23","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4125010526198102","authorIdStr":"4125010526198102"},"themes":[],"htmlText":"Thx u","listText":"Thx u","text":"Thx u","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9937373938","repostId":"1145153973","repostType":2,"repost":{"id":"1145153973","kind":"news","pubTimestamp":1663371656,"share":"https://ttm.financial/m/news/1145153973?lang=&edition=fundamental","pubTime":"2022-09-17 07:40","market":"sg","language":"en","title":"SGX Weekly Review: NASDAQ’s Big Decline, Yahoo and Citibank Partnership and Frasers Hospitality Trust’s Privatisation","url":"https://stock-news.laohu8.com/highlight/detail?id=1145153973","media":"The Smart Investor","summary":"NASDAQ’s Big DeclineThe NASDAQ Composite Index took a sharp tumble on Tuesday, falling 5.2% to 11,63","content":"<html><head></head><body><p><b>NASDAQ’s Big Decline</b></p><p>The NASDAQ Composite Index took a sharp tumble on Tuesday, falling 5.2% to 11,633.57.</p><p>Year to date, the bellwether technology stock index is down 27%.</p><p>There was bad news again for the US economy as freshinflationdata showed that price gains did not moderate as much as expected.</p><p>Overall inflation rose 8.3% in August even though petrol prices came down.</p><p>Core inflation, which strips out food and fuel prices, climbed 6.3% in August, higher than the 5.9% recorded in July.</p><p>The data all but cements the Federal Reserve’s tough stance of hikinginterest ratesto bring inflation under control.</p><p>Officials are expected to make yet another 0.75 percentage point increase, making it a hat-trick of supersized moves.</p><p>With inflation still running high, investors need to see some signs of moderation for the Federal Reserve will slow down its pace of hikes.</p><p><b>Citibank and Yahoo partnership</b></p><p>Yahoo and Citibank, a unit of <b>Citigroup Inc</b> (NYSE: C), announced a collaboration to launch a dedicated personal finance portal.</p><p>Named “Life and Money”, it provides fresh perspectives on money to equip diverse audiences with the knowledge and tools to better manage their financial journey.</p><p>The site will feature a curated selection of original content from Citibank and also relevant aggregated content from Yahoo.</p><p>Various multimedia formats such as articles, videos and podcasts will be used to deliver this content.</p><p>This hub will cover wide-ranging topics centred around personal finance and lifestyle such as saving, investing, achieving work-life balance, parenting, and other pertinent topics.</p><p>The site promisesto dispel misconceptions surrounding money, inspire new lifestyle habits, and provide recommendations for readers at different life stages.</p><p>Specific life stages include new graduates seeking financial independence, couples starting a new family, mid-career professionals wanting to better manage their money, and folk who are planning their retirement.</p><p>These finance-related tips and advice will go a long way in helping individuals, families and seniors to plan their finances and manage their wealth better.</p><p><b>Frasers Hospitality Trust (SGX: ACV)</b></p><p>Frasers Hospitality Trust, or FHT, saw its units plunge by 22.5% from S$0.71 to S$0.55 after a failed privatisation attempt by sponsor <b>Frasers Property Limited</b> (SGX: TQ5), or FPL.</p><p>The hospitality trust failed to garner the required 75% of votes needed from stapled security holders at a scheme meeting held on 12 September.</p><p>Only 74.88% of unitholders voted in favour of the resolution to take FHT private, narrowly missing the 75% mark.</p><p>The managers of FHT had proposed back on 13 June that the trust be taken private at S$0.70 per unit by FPL, which was a 7% premium to FHT’s net asset value at the time of announcement.</p><p>The reasons for the dissatisfaction may stem from the fact that an economic recovery is underway with borders reopening and air travel restarting.</p><p>Hospitality trusts, as a whole, have reported better operating numbers and improved distribution per unit.</p><p>Hence, unitholders may feel that FHT is worth much more than S$0.70 per unit and that privatisation will undervalue the trust.</p><p>Furthermore, those who dissented could also be relying on FHT for a steady source of dividend income.</p><p>By delisting FHT, these investors will lose out on a valuable source of income and also have to think of ways to redeploy the money received from the privatisation.</p></body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SGX Weekly Review: NASDAQ’s Big Decline, Yahoo and Citibank Partnership and Frasers Hospitality Trust’s Privatisation</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSGX Weekly Review: NASDAQ’s Big Decline, Yahoo and Citibank Partnership and Frasers Hospitality Trust’s Privatisation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-17 07:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/top-stock-highlights-of-the-week-nasdaqs-big-decline-yahoo-and-citibank-partnership-and-frasers-hospitality-trusts-privatisation/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NASDAQ’s Big DeclineThe NASDAQ Composite Index took a sharp tumble on Tuesday, falling 5.2% to 11,633.57.Year to date, the bellwether technology stock index is down 27%.There was bad news again for ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-highlights-of-the-week-nasdaqs-big-decline-yahoo-and-citibank-partnership-and-frasers-hospitality-trusts-privatisation/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TQ5.SI":"星狮地产有限公司","STI.SI":"富时新加坡海峡指数"},"source_url":"https://thesmartinvestor.com.sg/top-stock-highlights-of-the-week-nasdaqs-big-decline-yahoo-and-citibank-partnership-and-frasers-hospitality-trusts-privatisation/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145153973","content_text":"NASDAQ’s Big DeclineThe NASDAQ Composite Index took a sharp tumble on Tuesday, falling 5.2% to 11,633.57.Year to date, the bellwether technology stock index is down 27%.There was bad news again for the US economy as freshinflationdata showed that price gains did not moderate as much as expected.Overall inflation rose 8.3% in August even though petrol prices came down.Core inflation, which strips out food and fuel prices, climbed 6.3% in August, higher than the 5.9% recorded in July.The data all but cements the Federal Reserve’s tough stance of hikinginterest ratesto bring inflation under control.Officials are expected to make yet another 0.75 percentage point increase, making it a hat-trick of supersized moves.With inflation still running high, investors need to see some signs of moderation for the Federal Reserve will slow down its pace of hikes.Citibank and Yahoo partnershipYahoo and Citibank, a unit of Citigroup Inc (NYSE: C), announced a collaboration to launch a dedicated personal finance portal.Named “Life and Money”, it provides fresh perspectives on money to equip diverse audiences with the knowledge and tools to better manage their financial journey.The site will feature a curated selection of original content from Citibank and also relevant aggregated content from Yahoo.Various multimedia formats such as articles, videos and podcasts will be used to deliver this content.This hub will cover wide-ranging topics centred around personal finance and lifestyle such as saving, investing, achieving work-life balance, parenting, and other pertinent topics.The site promisesto dispel misconceptions surrounding money, inspire new lifestyle habits, and provide recommendations for readers at different life stages.Specific life stages include new graduates seeking financial independence, couples starting a new family, mid-career professionals wanting to better manage their money, and folk who are planning their retirement.These finance-related tips and advice will go a long way in helping individuals, families and seniors to plan their finances and manage their wealth better.Frasers Hospitality Trust (SGX: ACV)Frasers Hospitality Trust, or FHT, saw its units plunge by 22.5% from S$0.71 to S$0.55 after a failed privatisation attempt by sponsor Frasers Property Limited (SGX: TQ5), or FPL.The hospitality trust failed to garner the required 75% of votes needed from stapled security holders at a scheme meeting held on 12 September.Only 74.88% of unitholders voted in favour of the resolution to take FHT private, narrowly missing the 75% mark.The managers of FHT had proposed back on 13 June that the trust be taken private at S$0.70 per unit by FPL, which was a 7% premium to FHT’s net asset value at the time of announcement.The reasons for the dissatisfaction may stem from the fact that an economic recovery is underway with borders reopening and air travel restarting.Hospitality trusts, as a whole, have reported better operating numbers and improved distribution per unit.Hence, unitholders may feel that FHT is worth much more than S$0.70 per unit and that privatisation will undervalue the trust.Furthermore, those who dissented could also be relying on FHT for a steady source of dividend income.By delisting FHT, these investors will lose out on a valuable source of income and also have to think of ways to redeploy the money received from the privatisation.","news_type":1},"isVote":1,"tweetType":1,"viewCount":279,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9935526265,"gmtCreate":1663115644357,"gmtModify":1676537206041,"author":{"id":"4125010526198102","authorId":"4125010526198102","name":"NewbiA","avatar":"https://community-static.tradeup.com/news/237c8ed5752335190eff935b24556d23","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4125010526198102","authorIdStr":"4125010526198102"},"themes":[],"htmlText":"Even new hdb are&nbsp; so exp now","listText":"Even new hdb are&nbsp; so exp now","text":"Even new hdb are so exp now","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9935526265","repostId":"1146787933","repostType":2,"repost":{"id":"1146787933","kind":"news","pubTimestamp":1663114184,"share":"https://ttm.financial/m/news/1146787933?lang=&edition=fundamental","pubTime":"2022-09-14 08:09","market":"sg","language":"en","title":"Singapore Property Is Unaffordable, Six Out of 10 People Say","url":"https://stock-news.laohu8.com/highlight/detail?id=1146787933","media":"Bloomberg","summary":"City-state’s real estate market defies gravity, fueling angstRising rates are having a limited impac","content":"<html><head></head><body><ul><li>City-state’s real estate market defies gravity, fueling angst</li><li>Rising rates are having a limited impact on market: analyst</li></ul><p>Singapore is defying a global property downturn, fueling concerns about affordability within the city-state.</p><p>Nearly six in 10 people who want to rent or buy said they find property becoming more unaffordable, according to a poll of 790 respondents conducted in July by 99 Group, which operates online home rental portals.</p><p>The price jumps are fueled by a shortage in supply due to construction setbacks during the Covid-19 pandemic, and demand spikes from people looking for upgrades and an influx of well-to-do foreigners. Buyers are brushing aside concerns about rising interest rates that have dented property markets from Australia to New Zealand.</p><p>“Interest rate hikes do not seem to have a significant impact on new home sales” in Singapore, said Christine Sun, senior vice-president of research &amp; analytics at OrangeTee &amp; Tie Pte, a local real estate agency. Property prices, she added, are “more supply-driven rather than sentiment-driven.”</p><p>Authorities are taking notice. The government introduced curbs last year to cool home prices that surged the most in a decade. Officials also announced tax hikes on high-end properties during the annual budget this year, and plan to increase the supply of private homes.</p><p><img src=\"https://static.tigerbbs.com/d13096ae9627dce5f57f66a187bbb5a9\" tg-width=\"737\" tg-height=\"420\" width=\"100%\" height=\"auto\"/>Despite a brief slowdown, residential prices have rebounded and grew at a faster pace than expected in thesecond quarter, climbing 3.5%.</p><p>Wealthy locals and high-earners moving to the city-state are pushing up prices, said Alan Cheong, executive director of research at Savills Plc. Singapore’s rentsurgedthe most among 30 cities globally in the first half, tying with New York. The nation said last month it would try towoohighly paid expats with a new visa.</p><p>That’s part of the reason why luxury properties are seeing the most froth. Condominium resale prices rose for 25 consecutive months as of August, according to estimates released Tuesday by SRX, a portal run by 99 Group.</p><p>The heat has also spilled into public housing, with some government-subsidized flats fetching price tags of more than S$1 million ($717,000).</p><p><img src=\"https://static.tigerbbs.com/69de2240d6862b4364a72b261e48a0d3\" tg-width=\"674\" tg-height=\"848\" width=\"100%\" height=\"auto\"/>The surging prices pose a challenge for the ruling People’s Action Party. Its achievements include the highest public housing rate in the world, with over 80% of the country’s 4 million residents living in government-built homes.</p><p>A separate survey in May showed residents are roughly split on the government’s response to housing affordability. About 52% said it was performing “well,” with the rest saying it was doing “badly,” according to the poll of 758 people by Blackbox Research Pte.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Property Is Unaffordable, Six Out of 10 People Say</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Property Is Unaffordable, Six Out of 10 People Say\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-14 08:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-09-13/six-out-of-10-people-say-singapore-property-is-unaffordable><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>City-state’s real estate market defies gravity, fueling angstRising rates are having a limited impact on market: analystSingapore is defying a global property downturn, fueling concerns about ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-09-13/six-out-of-10-people-say-singapore-property-is-unaffordable\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2022-09-13/six-out-of-10-people-say-singapore-property-is-unaffordable","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146787933","content_text":"City-state’s real estate market defies gravity, fueling angstRising rates are having a limited impact on market: analystSingapore is defying a global property downturn, fueling concerns about affordability within the city-state.Nearly six in 10 people who want to rent or buy said they find property becoming more unaffordable, according to a poll of 790 respondents conducted in July by 99 Group, which operates online home rental portals.The price jumps are fueled by a shortage in supply due to construction setbacks during the Covid-19 pandemic, and demand spikes from people looking for upgrades and an influx of well-to-do foreigners. Buyers are brushing aside concerns about rising interest rates that have dented property markets from Australia to New Zealand.“Interest rate hikes do not seem to have a significant impact on new home sales” in Singapore, said Christine Sun, senior vice-president of research & analytics at OrangeTee & Tie Pte, a local real estate agency. Property prices, she added, are “more supply-driven rather than sentiment-driven.”Authorities are taking notice. The government introduced curbs last year to cool home prices that surged the most in a decade. Officials also announced tax hikes on high-end properties during the annual budget this year, and plan to increase the supply of private homes.Despite a brief slowdown, residential prices have rebounded and grew at a faster pace than expected in thesecond quarter, climbing 3.5%.Wealthy locals and high-earners moving to the city-state are pushing up prices, said Alan Cheong, executive director of research at Savills Plc. Singapore’s rentsurgedthe most among 30 cities globally in the first half, tying with New York. The nation said last month it would try towoohighly paid expats with a new visa.That’s part of the reason why luxury properties are seeing the most froth. Condominium resale prices rose for 25 consecutive months as of August, according to estimates released Tuesday by SRX, a portal run by 99 Group.The heat has also spilled into public housing, with some government-subsidized flats fetching price tags of more than S$1 million ($717,000).The surging prices pose a challenge for the ruling People’s Action Party. Its achievements include the highest public housing rate in the world, with over 80% of the country’s 4 million residents living in government-built homes.A separate survey in May showed residents are roughly split on the government’s response to housing affordability. About 52% said it was performing “well,” with the rest saying it was doing “badly,” according to the poll of 758 people by Blackbox Research Pte.","news_type":1},"isVote":1,"tweetType":1,"viewCount":382,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}