Daily Briefing: Luxury home prices to slide; New survey seeks input on smart homes

And here are ways to lower the cost of living.

Prices of luxury homes in Singapore are expected to drop by 3.3 percent in 2016 compared to an estimated decline of 3.5 percent last year, according to Knight Franks Prime Cities Forecast Report. However, the city-state is expected to fare better than Hong Kong, where prices of prime properties are predicted to fall by five percent versus an estimated growth of 1.5 percent in 2015. Read more here.

Leading up to the launch of Singapore's first smart executive condominium (EC) in the first quarter of 2016, Qingjian Realty is looking to find out young couples' attitudes towards smart living. In a statement, the developer said this will achieved through a survey of about 100 respondents living in Singapore. Find out more here.

Nobody ever said Singapore was a cheap place to live in. But some things here are more expensive than others. While everyone pretty much agrees you need to pay obscene amounts of money to not have to live in a tent at East Coast Park, getting a fairly cheap meal isn’t impossible so long as you don’t expect to be sitting in air conditioned comfort and waited on hand and foot. Read more here.