Background. On 12 January 2020, the World Health Organization (WHO) confirmed that a novel coronavirus was the cause of a respiratory illness in a cluster of people in Wuhan City, Hubei Province, China, which was reported to the WHO on 31 December 2019.. Read also: The Ultimate Review of All The REITs in Singapore … While the stock markets around the world are turning bearish, it is still anyone’s guess as to whether the Singapore property market is heading for a crash. Despite an asking price of $2.9b, currently the highest land value in Singapore's en bloc sale history, Mandarin Gardens' en bloc sale was axed as its collective sale agreement (CSA) expired before meeting the 80% owner consensus requirement. SINGAPORE - The SMRT train collision on Wednesday morning (Nov 15), which saw 25 people injured, was the second such incident in the MRT's 30-year history.. Read more at straitstimes.com. In a market crash situation, you want to stay away from the smaller operators such as Viva or AIMS AMP, as you never know when they may face liquidity issues and do a massively dilutive equity fundraising. ... "History would repeat itself. The URA property price index is at a historical high. The post Will the coronavirus cause a property market crash? S’pore property crash: When and how serious? It has turned into the 64-year-old former entrepreneur’s best purchase. In a full blown world financial crisis impacting Singapore, money could leave the country, property buyers disappear and the stock market crash. Size and requirement woes plagued what could have been the largest en bloc deal in Singapore’s history. Scenario of a property crash. This article was contributed to us by Loo Cheng Chuan. appeared first on Motley Fool Australia. I made a lot of money over the last 10 years from the stock market with the knowledge of the Joseph Cycle and I would like to share with you the secret behind it. This ‘secret’ helped to predict general market movements in Singapore, and has revealed that the STI may crash after 2022. Elena Torrijos. It happened in the 1990s and would happen again," said a blogger.
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