The truth has finally come to roost. Singapore's economy is steadily heading to a total collapse. Unemployment and layoffs are increasing daily. The Singapore dollar is steadily losing value, to a 7 month low and still dropping. Very soon it will be worthless like the Venezuelan Bolivar. The vast majority of Singaporeans can leave the island if they want. They can sell their government apartments now and make some money before it's value hits rock bottom. My advice to Singaporeans is to leave Singapore now. Try to reach Australia, New Zealand, Canada, USA or any other European country which will take you. Don't wait until it is too late when you will have nothing left. There are no prospects anymore in Singapore. This is my advice to you.
First the economy is on it's final descent to a crash landing. http://www.straitstimes.com/business/economy/poor-gdp-figures-point-to-long-slowdown-for-spore
According to this Singapore government state controlled newspaper Singapore Straits Times Business, it reads "Poor GDP figures point to long slow down for Singapore". The third quarter GDP growth has just been 0.6 percent, the lowest in 4 years, and dropping.