Singapore luxury homes: Raising the standard

Luxury condominium living in Singapore is booming and a string of interesting lifestyle features are now being introduced to distinguish between developments. Property developers are outdoing themselves to meet the new lifestyle needs of their customers, from individual yacht berths at The Turquoise in Sentosa Cove to pools in each unit at The Marq and … Read more

For sale: 18th floor of Peninsula Plaza at $17.5m

NOVELTY Department Store Pte Ltd, part of the Novelty Group, has put the entire 18th floor of Peninsula Plaza up for sale, with a price tag of about $17.5 million or about $2,050 per square foot (psf) of strata area. Peninsula Plaza is a 999-year leasehold building near Raffles City. DTZ is marketing the property … Read more

Parkway got the medicine right for Novena deal?

AS THE property investment chant goes, there are three factors that one needs to consider in a purchase: location, location, and location. But for a hospital operator, does location count too? In Parkway Holdings’ case, apparently it does. Having been punished by the market recently for paying what is considered an exorbitant price for a … Read more

Energy-efficient properties popular with companies

Contrary to what some developers think, a majority of companies are willing to pay a premium for properties designed with ’sustainable’ principles in mind, a recent survey by real estate firms Jones Lang LaSalle and CoreNet Global shows. The bottleneck is, rather, on the supply side, where the ability to address market demand is ‘presently … Read more

‘Magic dollars’ scam lets HDB flat sellers pocket cash

They declare a lower price, thus keeping the difference instead of returning funds to CPF. A NEW scam involving HDB flats has surfaced, this time allowing flat sellers to pocket extra cash by craftily getting around the rules. The so-called ‘magic dollars’ scam involves reporting a falsely low sale price to the HDB – an … Read more

OCBC sells its 6.2% stake in Straits Trading to Tecity

Oversea-Chinese Banking Corp (OCBC) says it will accept Tecity’s bid for Straits Trading. It will sell its 6.2% stake, generating proceeds of S$135.3m. The announcement comes just days after the Lee family, which controls OCBC, pulled out of the bidding war for Tecity. And on Monday, insurer Great Eastern Holdings also announced that it was … Read more

Singapore is most liveable city in Asia

Europeans and Americans view country as best in region while Asians say it is world’s top spot. SINGAPORE has hit another home run with expatriates – Europeans and Americans reckon it is the best place in Asia to live, while Asians say it is the top spot anywhere in the world. The annual survey, which … Read more

Singapore tops among Asian expats: survey

The Republic is the best place for them to live worldwide; Baghdad ranks last The Republic ranks as the best place for Asian expatriates to live worldwide, according to the latest survey by human resources consultancy firm ECA International. Singapore surpasses cosmopolitan cities such as Sydney, Melbourne and Copenhagen in Asian expatriates’ view, the survey … Read more

Survey finds Singapore the best place to live for asian expats

When it comes to work and play for Asian expats, Singapore is the number one choice. This is according to a recent survey by ECA International, a global human resources organisation. Singapore has maintained the top spot for ten years now but regionally, it is getting tough competition from Japan and even Hong Kong. The … Read more

Expats vote Singapore, Copenhagen best for living

Asian expatriates have ranked Singapore as the best place to live in the world for its safe and clean environment, while Europeans chose Copenhagen, a survey showed on Tuesday. Asian expats chose Singapore over Hong Kong (15th place) and Shanghai (78th place) and placed Sydney, Melbourne and Canberra as well as two Japanese cities Kobe … Read more