Bettytlopez

SINGAPORE ECONOMY IS THRIVING AND MY RENT IS SOARING

November 1, 2007

The good news these days in Singapore is that unemployment hits the lowest record in a decade.

Salaries of employees have risen and this end of the year a lot of people are anticipating record breaking bonuses. My business is thriving which is good for my bank account.

 Housing prices have recorded its highest increase in years. Flats are selling almost 50-90% over and above previous prices.

BAD NEWS however is that I am renewing my 2 year office lease and my landlord is increasing my rent by 100%.That means I have to work harder. So much for good times 

 


Posted by bettytlopez at 7:32 pm | permalink

Previous Comments

Hello Betty! Increasing by 100%? Taas nga.

Posted by ann at November 4, 2007, 12:24 pm

Yes everything is increasing. A bit worrying though since we are not sure if the economy will be better next year

Posted by betty at November 14, 2007, 11:44 pm

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