Frenzy in private property market

There is a frenzy in the private property market. People are rushing for the new launches at record prices.

I plan to introduce a website that gives information to the consumers about the prices of private property and condominiums. Buyers can search the website to see what is being transacted for similar properties around the same area. They can also see the amenities and other useful information.

The website is not ready yet, but you can get a feel about the information that is available by looking at the development version in www.easysearch.sg (Real Estate Data). It will be ready by end August (with past transactions and amenity data).

Consumers should carry out their research and understand the market, before committing to a purchase of $1 million or more, that will tie them down over a lifetime.

Tan Kin Lian

E-mail to Signatories of the Petition

I have sent an e-mail to more than 700 people who signed the Petition to ask them to attend the Gathering at 5 pm at Hong Lim Park on Saturday 22 August. Tentatively, I have asked a former relationship manager to speak at the Gathering, but this is not confirmed yet. I look forward to a large turnout.

New books are now available

New books are now available at internet shop. Special price for TKL Sudoku Vol 1 ($3.90 only) and pocket size Sudoku ($7.90 only for 3 volumes).

U.S. Supreme Court to Hear Case on Executive Pay

The Supreme Court will hear the case this fall, as anger over huge bonuses paid to the executives of failing companies continues to grow...

Last summer, Richard A. Posner, a federal appeals court judge, issued a surprising and prescient dissent... “Executive compensation in large publicly traded firms often is excessive,” he added, “because of the feeble incentives of boards of directors to police compensation.” ..

Here is how Warren Buffett analyzed the situation in his 2003 letter to shareholders: “Year after year, at literally thousands of funds, directors had routinely rehired the incumbent management company,however pathetic its performance had been. Just as routinely, the directors had mindlessly approved fees that in many cases far exceeded those that could have been negotiated.”..

http://www.nytimes.com/2009/08/18/us/18bar.html?ref=us

So What Is A Health Insurance Coop Anyway?

Read this article.

Funny Slogans

Read here.

Maintenance of my blog

Someone offered to make a donation towards the maintenance of my blog. I replied that this is not necessary.

But, if he (or others) wishes to help, he can buy my books that are sold here (click on Internet Shop). He can also buy copies to give to their friends.