{"id":94191,"date":"2018-07-18T09:47:34","date_gmt":"2018-07-18T02:47:34","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/economic-gap-between-singapore-malaysia-shrinking\/"},"modified":"2018-07-19T01:04:17","modified_gmt":"2018-07-18T18:04:17","slug":"economic-gap-between-singapore-malaysia-shrinking","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/economic-gap-between-singapore-malaysia-shrinking\/","title":{"rendered":"Economic gap between Singapore, Malaysia shrinking"},"content":{"rendered":"


\nAfter trailing for three consecutive years, Malaysia is finally catching up with its neighbour to regain its lead over Singapore\u2019s economy, reported Bloomberg.
\nBased on World Bank data, Malaysia\u2019s gross domestic product stood at $314.5 billion last year, down $9.4 billion from Singapore\u2019s $323.9 billion.
\nThe deficit is, however, expected to shrink given the bright forecasts for Malaysia\u2019s economy.
\nMedian estimates of economists surveyed by Bloomberg showed that Malaysia\u2019s economy will expand by around 5.5 percent this year compared to the 3.1 percent increase expected for Singapore.
\n\u00a0
\nSenior Content Producer, Christopher Chitty, edited this story
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Economic gap between Singapore, Malaysia shrinking<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

After trailing for three consecutive years, Malaysia is finally catching up with its neighbour to...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-94191","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-ovd","jetpack-related-posts":[{"id":111209,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-and-malaysia-extend-rts-link-deadline-by-another-month\/","url_meta":{"origin":94191,"position":0},"title":"Singapore and Malaysia extend RTS Link deadline by another month","date":"September 30, 2019","format":false,"excerpt":"\r During the suspension, Malaysia will decide if it wants to continue with the project as it is. It can also suggest changes to the project scope, with Singapore giving due consideration to such changes. Malaysia\u2019s Ministry of Transport revealed that Singapore and Malaysia have agreed to extend, for another\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96597,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rts-link-to-continue-despite-missing-deadline-to-form-jv\/","url_meta":{"origin":94191,"position":1},"title":"RTS link to continue despite missing deadline to form JV","date":"August 24, 2018","format":false,"excerpt":"\r Map of Rapid Transit System (RTS) route expected to be completed by 2024 Singapore\u2019s Transport Minister Khaw Boon Wan held a meeting with his Malaysian counterpart Anthony Loke last week to talk about joint transportation projects like the Johor Bahru-Singapore Rapid Transit System (RTS). \u201cThe ministers look forward to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97014,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/win-win-deal-on-hsr-to-be-announced-soon\/","url_meta":{"origin":94191,"position":2},"title":"\u201cWin-win deal\u201d on HSR to be announced soon","date":"August 31, 2018","format":false,"excerpt":"\r Singapore and Malaysia are expected to announce soon a mutually beneficial agreement regarding the Kuala Lumpur-Singapore High-Speed Rail (HSR), reported Channel NewsAsia. \u201cWe are inching closer to a win-win deal on HSR thanks to the hard work of officials from both sides,\u201d said Malaysia\u2019s Economic Affairs Minister Mohamed Azmin\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":36220,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/this-usd100-billion-city-near-singapore-scares-the-hell-out-of-everybody\/","url_meta":{"origin":94191,"position":3},"title":"This USD100 billion city near Singapore \u201cscares the hell out of everybody\u201d","date":"November 28, 2016","format":false,"excerpt":"\r Chinese developers are swamping the market Johor Bahru, Malaysia. Hamdi Bin Zainal\/Shutterstock Rather than join the fierce, oft-expensive competition for land in Singapore, Chinese property developers are on a building spree outside the city-state, close to the Malaysian border. Companies such as Country Garden, Greenland Group, and Guangzhou R&F\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112140,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jb-singapore-rts-link-delayed-further-to-april-2020\/","url_meta":{"origin":94191,"position":4},"title":"JB-Singapore RTS Link delayed further to April 2020","date":"November 5, 2019","format":false,"excerpt":"\r This comes as the details of Malaysia\u2019s proposed changes to the RTS Link project is not yet ready. While Malaysia had already decided to go ahead with the Johor Bahru-Singapore Rapid Transit System (RTS) Link project, Transport Minister Khaw Boon Wan said the suspension period for the project has\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17346,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/inside-malaysias-efforts-to-weather-a-lethargic-property-market\/","url_meta":{"origin":94191,"position":5},"title":"Inside Malaysia\u2019s efforts to weather a lethargic property market","date":"June 22, 2016","format":false,"excerpt":"\r Malaysian and Chinese governments team up for real estate developments Image credit: FreeMalaysiaToday.com Grappling with a comparatively listless property sector, Malaysia is counting on one trick up its sleeve: a continuous outpouring of foreign direct investment (FDI). In an effort to elevate FDI numbers, the Malaysian government has introduced\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/94191"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=94191"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/94191\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=94191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=94191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=94191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}