Category: Singapore Stocks Investing

TOM K: I EXPECT THE SINGAPORE STOCKS TO GO SOUTH BY ANOTHER 10%

SINGAPORE STI STOCKS

Dear readers, the Singapore Stocks STI went south by 1.99% yesterday (6 Jul 2018) after the government announced a slew of cooling measures on the night of 5 Jul 2018 in relation to increased stamp duties, especially for purchase of the second and subsequent residential properties. Increased taxes for developments were also part of the government’s announcements too. Properties stocks were hit hard with CityDev down by 15.6% and recent property IPO debutant PropNex down by 24.638% to $0.52 which was much below its IPO price of $0.65. Read more »

AUGUST 2018 SINGAPORE SAVINGS BONDS: ALL YOU NEED TO KNOW

SINGAPORE SAVINGS BONDSDear readers, Singapore Savings Bond (Aug 2018 tranche) opened for application on 2 Jul 2018 and below are the average return per year for the first ten years. For comparison, I also included in () below the average return per year for the July 2018 Singapore Savings Bond tranche.

On first glance, the Aug 2018 Singapore Savings Bond seem to offer a higher interest since Year 1 interest rate is 1.78% compared to 1.72% for the Jul 2018 tranche. But if one is to look at the average return at Year 10 of the Aug tranche of the Singapore Savings Bond, that is where the Aug 2018 average returns seems to fall short in general.

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