CNA-Indonesian rupiah hits record low - repeat of 1997/1998 crisis??

[rocket]

More young Singaporeans rushing into private property in 2026, but not for the reasons you might think​

More young Singaporeans are buying private property, with some saying they entered the market for investment.
PHOTO: Stackedhomes
PUBLISHED ONMay 18, 2026 11:36 AMBYRYAN J ONG






A recent Straits Times article highlighted a growing trend: More Singaporeans under 35 are buying private properties, with some saying they entered the market for investment.

Kudos to them, because before I turned 35 years old, I didn’t know what I’d order for lunch that day, let alone what condo to buy and when to sell.

On paper, it does sound like a sign of growing wealth and financial confidence among younger Singaporeans.

Think how impressive it would be during Chinese New Year when you can tell everyone your 25-year old son or daughter is buying a condo, and they’re deciding between Great World or River Valley, or some other equally impressive CCR district.

(That’s not too implausible these days, with developers keeping the quantum lower.)

It’s also been reported that between 20224 and 2025, DBS posted a 40 per cent jump in home loans from borrowers who are under 35 years old. OCBC says that it saw a rise in singles buying private homes for investment.

From my experiences on the ground though, the emotional undercurrent here doesn’t feel like greed or even ambition. It’s more like a buzzing, unpleasant sense of anxiety and fear.

I’ve been following the market long enough to recall previous property peaks, like the surge in 2013. That year is widely regarded as the turning point that created ever-intensifying property cooling measures.

However, the market sentiment leading up to the government measures in 2013 was very different compared to what we see going around today.

Back then, home loans were relatively affordable (and much cheaper than HDB loans for close to a decade at that point), financing restrictions were fewer, and there was a buoyant sense of confidence that whatever property you bought stood a good chance of bringing in the dough.

Many loan slaves. Not all properties make money.

 

[Sustanon]

Many loan slaves. Not all properties make money.

Can make money in property if one speculate and flip (in short gamble). Many failed the gamble 9696. If property hold over the long term, it is probably one of the worst investment in terms of REAL returns than the S&P500.

 

[rocket]

Can make money in property if one speculate and flip (in short gamble). Many failed the gamble 9696. If property hold over the long term, it is probably one of the worst investment in terms of REAL returns than the S&P500.

Best flip is bto to another property. If flip straight to private also become slaves.

 

[syed putra]

The fate of Indonesia is it's close vicinity to a parasitic financial hub.
They may have all kinds of export but the trading takes place in sinkie. Meaning only a trickle ends up back home.

 

[syed putra]

Prabowo’s Biggest Crackdown on Tycoons Shocked His Own Officials​

Prabowo SubiantoPhotographer: Bay Ismoyo/AFP/Getty Images
By Faris Mokhtar, Eddie Spence, and Harry Suhartono
May 21, 2026 at 9:50 AM GMT+8
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In early May, President Prabowo Subiantosummoned a handful of his most trusted advisers to his house in south Jakarta to discuss how to find more revenue as surging oil prices stretched Indonesia’s finances.

The small group eventually agreed on a sweeping change that would fundamentally upend one of the most important sectors in the resource-rich Southeast Asian economy: The creation of a new state entity under sovereign wealth fund Danantara to oversee Indonesia’s world-leading exports of palm oil, coal and ferro-alloys, which together amounted to more than $65 billion last year



Prabowo was suharto's son in law. The top general who instigated the Chinese massacre.
And now he is President.

 

[syed putra]

But I would think CIA and US deep state manipulating Indonesia economy until it gets that right to use indonesia airspace at will.

 

[k1976]

But I would think CIA and US deep state manipulating Indonesia economy until it gets that right to use indonesia airspace at will.

Just like slow boil a froggie mah

 

[404]

Earlier this month, a large coalition of Chinese-invested companies submitted an unusually blunt complaint letter to President Prabowo, The investors detailed six primary issues from Over-Enforcement Regulatory to Financial Pressure that they claim have severely undermined long-term investment confidence in Indonesia.