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Arcachon
18-03-14, 15:09
Singapore Residential Sales Climb 28 Percent.

Residential News » Asia-Pacific Edition | By Francys Vallecillo | March 17, 2014 9:27 AM ET - See more at: http://webcache.googleusercontent.com/search?q=cache:http://www.worldpropertychannel.com/asia-pacific-residential-news/singapore-home-sales-urban-redevelopment-authority-home-prices-property-curbs-8110.php#sthash.jhSgTXcn.dpuf

Private home sales in Singapore increased 28 percent in January compared to the previous month, showing signs of resurgence following record falls in home sales and prices.

In February, developers sold 724 homes, up from the 565 homes sold in January, according to data from the Urban Redevelopment Authority.

February's home sales were 1.7 percent higher than a year ago.

The new home sales figure is taken as a sign of stabilization of a major fall in home sales at the start of the year, analysts say.

Last summer, the government introduced property curb to cool the market. During the fourth quarter of 2013 home prices in Singapore fell for the first time in two years.

Earlier this month, City Developments Inc., the country's second-largest developer, reported a decline in profit during the fourth quarter. - See more at: http://webcache.googleusercontent.com/search?q=cache:http://www.worldpropertychannel.com/asia-pacific-residential-news/singapore-home-sales-urban-redevelopment-authority-home-prices-property-curbs-8110.php#sthash.jhSgTXcn.dpuf

minority
18-03-14, 15:17
I am sure a lot of brothers here will be happy to help u. we all can give u our accounts and you can park your $ with us.

Arcachon
18-03-14, 15:24
Okie, give me your account and I TT to you.

phantom_opera
18-03-14, 21:32
Inflation cut 100 to 14 in 30 years!

(India)

Inflation is often called the 'silent killer' because it significantly erodes the purchasing power of money over time. To establish a frame of reference, consider this: At 6.5% long-term WPI (wholesale price index) inflation in India, the purchasing power of Rs 100 has eroded to a dismal Rs 13.80 over the last 30 years! As time goes on, every rupee you have saved will buy you fewer and fewer goods or services — a scary thought indeed! In search of 'real' returns

In general, conventional fixed income instruments in India have not provided investors with 'real' returns, that is, returns over and above inflation. Over the last 30 years, an investor who diligently invested in one-year bank fixed deposits (FDs) every year would have generated real returns of just 1.6% per annum on a pre-tax basis, which after taxes would be insignificant.

On the other hand, a real asset such as gold has generated higher real returns of approximately 3.3% per annum over the WPI inflation rate. It's no wonder then that Indians have developed a strong affinity towards the yellow metal.

Arcachon
18-03-14, 22:45
I have a Singapore colleague who is an Indian marry a Indian wife. He told me, he deposit SGD 100,000 into the Indian Bank and every year he get free flight ticket to India using the interest earn from His SGD 100,000 in Indian Bank. After I hear, I google the Rupee and almost fall off my chair.

Arcachon
18-03-14, 23:15
2011 2012 2013 2014
SGD 100000.0000 100000.0000 100000.0000 100000.0000 71112.6696
SGDINR=X 34.3743 40.8549 44.4073 48.3378
INR 3437430.0000 3437430.0000 3437430.0000 3437430.0000
Interest 0.1000 0.1000 0.1000 0.1000
INR 343743.0000 343743.0000 343743.0000 343743.0000
SGD 10000.0000 8413.7521 7740.6868 7111.2670 33265.7058
SGD 104378.3754