Daily Briefing: Singapore may ease cooling measures in 2016; Health programme for security officers

And Singapore is among Asia’s most expensive cities for expats--again.

Property cooling measures in Singapore could be eased as early as the second half of 2016 if private home prices continue falling, revealed Donald Han, Managing Director of Chesterton Singapore, at a luncheon hosted by Credit Suisse for its Singapore investors. He believes a price drop of around 15 percent is likely to prompt an adjustment of current housing policies, given the small buffer before property owners slip into negative equity. Read more here.

It’s a fact we can’t ignore — Singapore’s security workforce is rapidly aging. While the Union of Security Executives (USE) has been working hard to increase the wages and working conditions for security officers in Singapore, there remains a great concern for their health seeing as a third of security officers will be reaching retirement age in 10 years’ time, with a majority of the rest of the workforce following shortly after. Find out more here.

Singapore has been rated by human resources consultancy ECA International as Asias eighth most expensive city for expatriates in its latest cost of living survey. Globally, the city-state was ranked the18th most expensive city for expats. Shanghai, Beijing and Hong Kong topped ECAs Asia rankings, while Zurich, Geneva and Bern emerged as the worlds top three most expensive cities. Read more here.

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