bringing back memories to all the boomers here..

brings back bad memories of moi eating bread for breakfast and lunch everyday becos' salary no enough after giving parents and family expenses .... for 2 years until moi find new job with higher pay when job market was better in late 1990s .... :frown:
Late 1990s are very bad as majority of my batch take >9mth to get a regular job and low balled celery..most of us survive on part time jobs or tuition assignments
 
brings back bad memories of moi eating bread for breakfast and lunch everyday becos' salary no enough after giving parents and family expenses .... for 2 years until moi find new job with higher pay when job market was better in late 1990s .... :frown:
now seem like even worse as many many talents flooding in
 
Late 1990s are very bad as majority of my batch take >9mth to get a regular job and low balled celery..most of us survive on part time jobs or tuition assignments
I got a job at JI with paycut 15% yet the going market rate at JI was 60% higher than my last drawn. Low morale but still pay my monthly loan @8%+. Others jumped.
 
The difference is called greed, that leads to cheating and scamming.
Still you have not answered which scam did your parents ran?
My parents are honest people, so your question which is borne out of envy and ignorance, does not deserve a reply.
 
The difference is called greed, that leads to cheating and scamming.
Still you have not answered which scam did your parents ran?
People may have greed but not necessarily lead to cheating. May just take risky investment while some win & some lost like stock market.
 
https://www.edgeprop.sg/amp/propert...er-scrutiny-after-year-controversy-and-change


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The International Business Park, established in 1992 by JTC, is recognised as Singapore’s first business park (Photo: Samuel Isaac Chua/EdgeProp Singapore)




What ails the business parks



The challenges facing business parks can be said to be structural and cyclical. Occupancy rates of business parks go with the ebb and flow of business conditions.

Read also: Weaker demand for business parks weigh on industrial rents with growth slowing to 1% q-o-q in 2Q2024

In the 2000 to 2001 period, business parks in the Jurong East, Queenstown and Tampines planning areas were more than 90% occupied. The occupancy rates then eased due to less rosy business conditions before picking up again to more than 90% in 2008.

Since then, the occupancy rate of business parks in Jurong East and Tampines has been on a downtrend. The occupancy rate of IBP in Jurong East dropped to its lowest level of 61.3% in 1Q2024. It has recovered slightly to 64.4% as of 4Q2024.

It was a similar fate for CBP. As of 4Q2024, the occupancy rate stood at 71.3%, 19.9 percentage points lower than its recent peak in 4Q2017.



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This was probably due to companies rationalising and consolidating their space needs after the pandemic. Many of the operations in CBP were IT-related. With work-from-home (WFH) and the wave of tech layoffs, some companies choose not to renew some of their leases.

The WFH or work from anywhere meant that companies could decide to offshore their manpower needs in less costly locations instead of Singapore. IBM and UBS were among the companies reported to have reduced their footprint in CBP.
 

Empty Singapore Tower Shows Rich Property Investors Are Holding Back​



An office building at 55 Market Street, center, in Singapore.

An office building at 55 Market Street, center, in Singapore.Photographer: Low De Wei/Bloomberg
By Low De Wei
September 18, 2025 at 7:00 AM GMT+8
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Takeaways by Bloomberg AI​

From its textured stone walls to a column clad in mirrors, 55 Market Street looks like any other building in downtown Singapore. But step inside and something is amiss: the 16-story tower has been mostly empty for months.

The vacant building is an anomaly in an otherwise bustling financial district. Attempts to sell the property dating back over a year have failed, according to people familiar with the matter.

 
Eating satay outside Alhambra Cinema off Beach Road.
15 sticks of mutton satay for $1.
 
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