Daily Briefing: Location is not everything in real estate; Savings Bonds vs fixed deposits

And work abroad to stay competitive, labour chief says.

• In real estate, location is everything. But is it worth shelling tens of thousands more for prime location in a highly accessible country like Singapore? We examine the main reasons that drive property prices in different parts of the island to help you figure out if an area makes sense for you. Read more here. 
• The Singapore Savings Bonds made the laughable fixed deposit interest rates banks were offering then look even lamer by comparison. As we predicted, the banks are now fighting back with higher interest rates. Is this a win-win for regular consumers? Let’s see how the two challengers stack up in a simple scenario. Find out more here. 
• During the annual Future Leaders Summit organized by NTUC,Labour Chief Chan Chun Sing spoke to attendees about how to build a resilient career that would sustain competition and Singapore’s job climate. His advice? Spend a few years working abroad, because that experience matters.  Read more here.