hirobo

Happy National Day

Long
OANDA:XAUSGD   Gold/SGD
Volume divergence, RSI divergence, Stochastic oversold. Price action shows reduce in sell momentum.
Trade closed manually

Comments

http://theindependent.sg/pm-lee-asserts-its-fair-that-hdb-flats-will-plummet-to-zero-value/

The fear of ALL Singaporean has started. Your HDB will be value zero when closer to 99 years lease ends.
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Fundamentally, the housing issue is driving the population crazy.
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Fundamentally, this is the reason.
Home owner after 99 lease requires to 'buy' another flat.
https://www.gov.sg/microsites/ndr2018/housing
The exciting part is on VERS, not on HIP.
No one knows how much the gov is going to buy back your aging flat. Starts about 20 years later.
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