Future Challenges

My 10 seconds of fame on a Channel news asia documentry ‘Asia Dragon Rising’ repeat telecast today at 6pm 16Feb.

A Freudian slip from the CEO Surbana, emphasis mine

” … We are small country, Singapore limitation of 4 million people meaning that the supply of talent is always limited, is small. So the challenge in order for us to grow globally is to how can we use singapore as a base but making use of the talent and resources from all over the world, the person the company that can make it will be successful global company … “

A centralised business model does not work in this new world economy. Take a leaf from the collapsed of centrally planned economy of old Russia and the bourgeoisification of the new China.Even to quote Mr Finance Minister Tharman – ” This is not a story of an old economy growing quickly but of a new economy emerging out of the old.” The real challenge for singaporean companies wanting to go gobal is that of de-centralisation, which is the surrender of control over the free flowing capital resources, ie wealth and talent.

Housing SS Analysis

It’ s been a while since I posted my last technical analysis on planning indicators. And since current my job is related to planning  housing in asia and middle east, it is long over-due that I looked that the housing market around this region.  The primary data I used,

• Mid-year population
• Average number of people in each household
• Total number of residential dwellings
• Total number of new residential dwellings completed in the year concerned

The following assumptions were taken,

•  I did not take into consideration different types of housing ie luxury/low-cost
• 1 Dwelling unit = 1 household
• All Dwellings catered for local resident population use / not inclusive of rental units for expatriates

Plotting all the above information across 10 years so as to capture trends , we have

NB: Dataline for China/India follows axis on the right

Some of my observations.

•  Upward trend of housing shortage in most of the asia/middle east countries
• Decreasing supply of new dwellings 0.13% (China) and 0.24% (India) against annualised population growth of 2.2% and 2.88% respectively
• Japan has consistent oversupply of housing given above projections

What I’ve put together are crude indicators that establishes only trends.For further analysis of specific countries I would consult detailed real estate reports from the various property developers.