Sunrise and Rainbow at Dawson

 

Woke up slightly before 7am this morning due to the sudden chill in the air.

Thought it would rain as menacing dark storm clouds looms...

Then I saw this:

Sunrise over Orchard Road 

Weather nowadays quite a tease.

Yup, the dark clouds just blew on by. No rain for Queenstown today!?

As consolation, the heavens gave me this:

View from balcony towards West

I then dragged myself down to the 35th floor Skygarden to snap the other side of the rainbow:

I showed mom the pictures.

She happy; I happy.

Simple pleasures of life.

Sunset and Dusk at Dawson

 

As requested by Sy, here are some pictures of sunset and dusk at Dawson:

 

Pictures taken standing on my balcony looking left (West) towards Holland Village direction.

As for sunrise...

I'm a late sleeper. That'll have to wait until those rare occasions I manage to wake up naturally before 6.00 am. Wink.

LOL!

Welcome Rain!

 

First of all, it's a colour photo; not black and white.

Can't tell you how happy I am to see the dark clouds over my balcony right now...

Especially after the recent 2-3 days of crazy heat!

Let it rip!

Please don't got sound and fury, then disappoint with a few drips...

Rain and Stormy Clouds at Dawson

 

Same Singapore sky, different perspective at 40th floor.

Now I appreciate why Taoist priests and Buddhist monks like to build temples high up in the mountains in China...

 

Market Outlook for 2023

 

This is the view from my balcony looking towards Orchard to the right:

Rather ominous right?

Looks like dark clouds looming on the horizon?

But when I turned to my left towards Bukit Timah direction:

Eh?

OK, not clear blue skies, but bright and sunny clouds leh!

I took both pictures at the same time last week. 

One thing I discovered staying at the 40th floor is that I can now look at the skies in panoramic or wide-angle mode.

Right side dark, left side bright.

Some see pain ahead; some see opportunities.

I guess that's the outlook for 2023 for most of us - we see what we want to see!

P.S.  Can't make money if we don't place our bets. 

But it's OK if you trigger shy. Thanks to rising interest rates, there are now a lot more "Save More" vehicles to choose from!

This is life.

Landlords happy with rising rentals and property prices; tenants and property buyers suck thumb...

Investors not happy rising interest rates causing their stocks to crash and burn; savers happy they can finally choose other "colours" beside "black"!

My First Rainbow at Dawson

 

Pictures taken from my balcony.

First time seeing such a long-lasting rainbow! 

Discover it at 5:50pm. Now 6:30pm the rainbow still there!?

Those of you travelling after work, and reading my blog post, look up!

Edge as in Local Local Knowledge - Or so I thought!

 

We often ask what's our edge when it comes to investing/trading.

Tip: If you have no freaking clue, you don't have an edge lah!

Just this morning, I discovered what I thought was my edge turned out to be merely superficial advantage all along...

I've been staying at Queenstown all my life - all 55 years of it!

If Queenstown were a stock, I'll have an edge over those who are not staying here. I mean I can rattle off what happened 30 years ago, what new shops or buildings popped up recently (technicals)...

I also have first-hand knowledge of the population growth (or lack of) here; the mix - whether it's aging or more young families moving in; and whether there's buying power as reflected by the "attasness" of the retail shops here (fundamentals).

Take a look at the picture above.

On the left side, there's a long row of 2 storey building. This I know about although I never went in and see it for myself - it was a former golf driving range. 

I only knew about it as there's a sign outside near the Queenstown library (what others say).

This week finally walked in to take a look.

Now it has been transformed into Children's Cove and Aqaduck? Interesting! (Child care big business!)

I discover there's 2 empty fields on the right side only after moving to my new high floor Dawson flat???

I mean I've only walked or took public transport outside Margaret Drive road previously.

The 2 fields are nestled inside landed properties estate. 

 

Just googled this morning and discover the top field is the Singapore Cricket Club Rugby Academy, while the bottom field is the Singapore Cricket Club Ground.

I'm not so smug now.

Feels similar?

Especially those of you born and bred Singaporean investors who have been investing in STI stocks for over 30 years?

Even now, I still make "I thought I knew but actually I no freaking clue" mistakes in trading...

LOL!

  

Views From My Balcony

 

I pretend pretend my HDB flat is overlooking New York City's Central Park:

Living Room View

View To The Left Standing On Balcony

Front "Central Park" View Standing On Balcony

View To The Right Standing On Balcony

View Looking Down On Landed Properties Below

The landed properties opposite are earmarked for future condo developments. I don't think big daddy will touch them though for the next 10 years, going by the glut in condos at the moment.

Even if developed, the plot ratio in the Master Plan showed the new condos max cannot exceed 25 floors. 

I'm safe. I'm on the 40th floor. 

They can't block me. 

 

In case anyone not familiar with the area in Queenstown, the opposite far end of the "Central Park" is our former CMPB. That's where us old fogeys young that time report for our National Service.

Fingers crossed big daddy will gently transform Dempsey Hill into one vibrant and cool place. Hopefully not too commercial, and retain as much of the natural greenery as possible.