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June 02, 2021 Stackedhomes Tampines and Tanjong Katong rank high on the list of desirable residential areas; so we’re not surprised these two recent Government Land Sales (GLS) sites are drawing investors. This is on the back of two other GLS sites the week prior, which also saw aggressive bids. For those considering a property purchase in the next few years, all four sites are worth keeping an eye out for: First, a cautionary note about land-starved property developers In speaking to analysts, we were cautioned that the strong response to these sites are as much about depleted land banks as they are location. That’s not to say the GLS sites are bad, mind you; it’s just worth noting that other factors are driving the bids. ....
May 13, 2021 Stackedhomes I recently learned that Bugatti has created a USD$300,000 (S$398,000) pool table. Yes, a pool table that costs as much as a HDB flat in Singapore – let that sink in. To be fair, it isn’t all about being flash. It’s designed for yachts, where its legs can adjust in just five milliseconds to account for the rocky nature of being out at sea – so the table surface would always be flat. Does that necessarily mean that it is worth $300,000? At these numbers, it may be difficult for a regular person to comprehend the value of such a product. But when it comes to the world of the ultra rich, well, anything goes. ....