Investment Management
A 4,069 sq ft at Seascape in Sentosa Cove owned by a Russian oligarch was sold at a $6.6 million loss.The loss works out to 52% or 10% annualised over a holding period of 6.6k years The unlucky seller: a Russian oligarch. According to The Edge Property, the previous owner, a Russian national bought […]
Frasers Centrepoint Singapore sold 392 at its 99-year leasehold Seaside Residences in the first weekend of sales. The average sale price was reportedly around S$1,700 per sq ft. The 843-unit project in Siglap has one- to five-bedroom units, with sizes from 420 sq ft to 3,294 sq ft Separately, the 400-unit ARTRA in Redhill […]
The protracted downtrend in Singapore’s property market is poised to end next year, with home prices set to double by 2030, Morgan Stanley said in a Wednesday note “Property market bears expect slower population growth, an ageing population, and a structural growth slowdown to weigh on the long-term property market outlook,” the note said. […]
Markets are under pricing the possibility of a Le Pen victory. Allianz’s El Erian has warned that markets will be unstable if Le Pen wins and that risk assets will take a major hit. We provide a list of strategies that will increase in value IF Le Pen wins Buy The British Pound: IF […]
Passive Investing is taking the global financial markets by storm and ETFs with their low fees and myriad strategies have made this possible. The world’s biggest money manager Blackrock is moving towards quantitative investment strategies from active stock picking while Warren Buffett has become a champion of passive investing stating that more than $100 billion […]
Sign up our newsletter for FREE financial advice and investment tips delivered to your inbox on weekly basis.
Want to keep in touch with news from Blue Phoenix Financials? Subscribe to our RSS feed using by clicking on the button to the right, or subscribe to our newsletter by filling out the form below.