Cecil Lee

Park Royal Hotel, formerly Merlin Hotel, Beach Road

Source & Credit: 0n 27th August 2026, Promenade Peak condo in River Valley to replace substandard concrete slap found during construction

Source & Credit: Singapore Property Market Outlook 2026: Strong Fundamentals and Supply Constraints Drive Resilience Article Summary: Despite recent headlines highlighting softer transaction volumes and a slight decline in HDB resale prices, Singapore’s residential property market remains highly resilient in 2026. The market's stability is underpinned by strong structural fundamentals, rather than weakening demand. Key takeaways from the article include: * Strong Economic & Financial Buffers: An upgraded GDP growth forecast (4.5% to 5.5%), driven by AI and tech exports, strongly correlates with residential price growth. Furthermore, record-high household net worth (S$3.34 trillion) provides a massive buffer against economic uncertainty and higher borrowing costs, practically eliminating the risk of widespread distress selling. * Supply Constraints Over Demand Weakness: The drop in H1 2026 private residential sales is primarily attributed to a sharp 22% decline in new project launches, indicating a limited supply pool rather than a collapse in buyer demand. * No Looming Oversupply: While physical completions are projected to rise over the next few years, they will remain below the 10-year average. Unsold inventory is currently 45% below its historical average, meaning a severe supply-driven price correction is highly unlikely. * Steady Price Growth Expected: Factoring in resilient demand and recent government initiatives to improve affordability, private home prices are forecasted to increase by a healthy and sustainable 1% to 3% in 2026. * Developer Resilience: Leading local developers like UOL Group and City Developments Limited (CDL) continue to benefit from stable domestic demand, offsetting challenges in overseas markets and presenting potential value to shareholders. Ultimately, the market enters the current economic cycle from a position of considerable structural strength.

Block 55 Lengkok Bahru

Congratulations! Just T.O.P.

Source & Credit:

Hi Mr Cecil, can we do the light behind the Buddha? Yes halo effect okay can

I have been following and learning from Geomancy.net since 2009. Your website was one of the places that taught me Feng Shui and Chinese astrology in the most detailed and practical way, and it has had a lasting influence on my interest in these subjects.

No Squat

Location: Eunosarker and Food Centre

Once I tripped and skid on these type of tile outside The Addition condo at Potong Pasir

On 20th August 2026

On 20th August 2026

Cloths peg as used by a Zhi Char Stall. Was common in the 1980’s…