Sinagpore well being is strongly correlated to the external environment. Just like many bros had pointed out in the forum, our nation is very sensitive to external factors.
Thus, what is the path that will unfold ahead of us 5-10 years ahead would be really dependent on
1) no China Vs Taiwan/US/Jap
2) no Islamic armed struggle in South Thailand / Malaysia
3) no terror strike in SE Asia / Straits of Malacca / Singapore / Malaysia
4) no radical religious leaders rise to power in SE Asia
5) no high oil price (>US$60 per barrel) for next immediate 2-3 years
7) no major china banking sector scandals nor recession

singaporean leadership willingness and capability to transforming our local singapore social-economy model
Too many uncertainity, even Deep Blue + the entire A*star + Tesmasek investment team cannot give you a crystal clear pic man!