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2016 Recession Year? Gloom and doom 2017!


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Retail cannot, F&B cannot, hawker cannot, drive pirate and legal taxis also cannot...

 

What else can?

 

Jin paitan!

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Twincharged
(edited)

Actually HK very cham, average housing price is 20X income.

 

Should we aim to go their direction?

 

I feel profoundly sad when local entrepreneurs fail, but more of lament the weird world we are living in rather than criticise our culture.

 

So many kinds of shops have become extinct over the last decade. Just ask, when was the last time you bought a CD, VCD, blue ray? When did you (or any of your relatives) go to 77th Street to buy anything?

 

Many things I love locally have closed down, including restaurants.

We are nearly going to be in the same situation for property market as Hong kong. Lucky the cooling measures stopped it. Although the housing price still quite exepnsive as rate of dropping still haven't back to what it used to be affordable.

 

Change surely have, but it's because of the cheap money that make people and bank reckless. So la, now they scared lao just because of this Brexit? In fact this is not even a commercial break. Brexit is nothing and it's actually good in a way, wait till we see bigger wave coming.

Edited by Yewheng
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Retail cannot, F&B cannot, hawker cannot, drive pirate and legal taxis also cannot...

 

What else can?

 

Jin paitan!

 

Sell ass

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Retail cannot, F&B cannot, hawker cannot, drive pirate and legal taxis also cannot...

 

What else can?

 

Jin paitan!

 

vice   [sly]

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Retail cannot, F&B cannot, hawker cannot, drive pirate and legal taxis also cannot...

 

What else can?

 

Jin paitan!

Isnt this worrying not knowing what the future is like, cant be turning every mall into food mall right

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Isnt this worrying not knowing what the future is like, cant be turning every mall into food mall right

Can't worry abt future now ...

Now, more worried abt the increase in almost everything ...

Garmen already started the ball rolling with Carpark charges and energy bill ...

Next , we don't know what they are going to increase ...

 

We are just like frog in a slow boiling pot ... can't jump out and slowly adapting till we die ...

If everything increase, how to survive let alone do business?

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Supercharged

don't you feel sad when a local entrepreneur fails?

 

even though the govt tries to make it easy for business starters, most people are contended in studying a degree and becoming a paid employee

 

think this is the main difference between us and HK, where their people believe more in entrepreneurship and stock markets

 

here many Singaporeans think entrepreneurship is risky and stocks are for gambling, and rather put all their money in properties

 

its our bloody education system that makes us like this.........

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(edited)

its our bloody education system that makes us like this.........

post-131345-0-22993000-1467343813.jpg

 

 

luckily i was out of the local system at an early age

Edited by Staff69
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Supercharged

nb.....i haven't finish yet. i was indeed out of the local education system

 

but

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

i kana kicked out of school with half pass 6 english

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Turbocharged

:grin:

 

u know the difference between HK and SG ppl?

 

In HK, ppl do things first and ask "is it legal" later

In SG, ppl ask "is it legal" first, before doing anything.

 

In our SG mindset, how to be enterprising?

 

I tell you, I never believe in any gov't crap about embracing entrepreneurship in SG, until our SG mindset is changed to HK's mindset.  So long as we still have our old SG mindset, nothing enterprising ain't gonna to happen

Like this?

 

http://www.scmp.com/business/article/1945163/hong-kongs-real-estate-market-rigged-favour-property-tycoons

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:grin:

 

u know the difference between HK and SG ppl?

 

In HK, ppl do things first and ask "is it legal" later

In SG, ppl ask "is it legal" first, before doing anything.

 

In our SG mindset, how to be enterprising?

 

I tell you, I never believe in any gov't crap about embracing entrepreneurship in SG, until our SG mindset is changed to HK's mindset.  So long as we still have our old SG mindset, nothing enterprising ain't gonna to happen

 

 

got good and bad lah, HK tend to be too extreme in chasing money and tense. If i were choose, maybe Taiwan is more balance environment for entrepreneurship .

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Turbocharged

speaking of malls, last time they still got build strata-titled malls, where an individual can buy a small shop and own it forever, and pass to his kids

 

now almost every mall is owned by the developer... hence every shopowner is at the mercy of the big boys

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Turbocharged

speaking of malls, last time they still got build strata-titled malls, where an individual can buy a small shop and own it forever, and pass to his kids

 

now almost every mall is owned by the developer... hence every shopowner is at the mercy of the big boys

Some local developer already selling 99 leasehold condos built on freehold land that they own.
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(edited)

Some local developer already selling 99 leasehold condos built on freehold land that they own.

you talking about garmen or f.e

Edited by Staff69
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speaking of malls, last time they still got build strata-titled malls, where an individual can buy a small shop and own it forever, and pass to his kids

 

now almost every mall is owned by the developer... hence every shopowner is at the mercy of the big boys

 

Those strata title malls usually poorly maintain.  Not much crowds around those mall.  It could be an almost $$$ losing investment other than possible capital appreciation.

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Turbocharged

don't you feel sad when a local entrepreneur fails?

 

even though the govt tries to make it easy for business starters, most people are contended in studying a degree and becoming a paid employee

 

think this is the main difference between us and HK, where their people believe more in entrepreneurship and stock markets

 

here many Singaporeans think entrepreneurship is risky and stocks are for gambling, and rather put all their money in properties

 

Yes i do. If we want to move forward in the long term, we need to encourage it and also support local.

 

While there seems to be more movement from the government to support SMEs and start-ups recently (i think they realise this has to be our foundation), i would like to see more.

 

I'm actually mulling on the basics of some sort of Support Local movement that i hope on day i can present to the relevant government bodies.

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