Property investment market robust but outlook ahead challenging
Singapore’s property investment market remained robust in the first two and a half months of this year, with investment sales totalling S$5.9 billion in that period. The is according to a survey by consultant CB Richard Ellis. It said strong economic fundamentals and the positive long-term outlook in Singapore underpinned property investment activity. This is … Read more
Sales of private residential homes fell by 46% in February
Sales of new private residential homes in February fell 46 per cent compared with the previous months. This is according to figures released by the Urban Redevelopment Authority. And industry watchers said this is the slowest sales since last August when the URA first released the data. About 170 new private apartments were sold in … Read more
What goes up stays up, what goes down also stays up
I REFER to the news report, ‘Mortgage war breaks out as DBS and UOB offer new rates’ (March 8). It said that a mortgage loan war has broken out partially due to competition and also lower Sibor and SOR (3 per cent to 1.5 per cent) since 2007. However, the banks are not being fair … Read more
The Hamilton: Upcoming condo equipped with garage in the sky
PARKING the car is set to reach a whole new level – with a high-rise condominium where every apartment comes with its own private garage in the sky. The Hamilton, coming up at 37 Scotts Road on the former site of Hotel Asia, will make this fantasy come true. Residents of the 30-storey tower will … Read more
How the Dollar Affects Interest Rates and Home Loans
The dollar has fallen to an all time low, around the world. The dollar has struggled against the Euro for some time now, but is now at a record low against this currency. In addition, the economic troubles the US is facing have dropped the value of the dollar against many currencies which it is … Read more
How the Dollar Affects Interest Rates and Home Loans
The dollar has fallen to an all time low, around the world. The dollar has struggled against the Euro for some time now, but is now at a record low against this currency. In addition, the economic troubles the US is facing have dropped the value of the dollar against many currencies which it is … Read more
NUS link in Gillman Heights sale under query
Fresh revelations about the relationship between the National University of Singapore (NUS) and purchaser Ankerite have surfaced, adding a new twist to the Gillman Heights condominium collective sale brouhaha. Acting for a group of minority owners fighting to scupper the Strata Titles Board’s (STB) approval of the S$548-million sale of the property to developer CapitaLand, … Read more
Some HDB residents unhappy despite freeze on S&C charges
They feel rates are too high compared with charges for condo residents THE 14 town councils under the People’s Action Party are all freezing their service and conservancy (S&C) rates, but some HDB residents still feel the charges are too high. Mr Richard Lim, 42, lives in a five-room flat in Pasir Ris, but pays … Read more
Architect says new F1 pit design will be spacious, integrating surroundings
A night street race will make Singapore’s Formula One circuit stands out, but its pit design is something to take note of. Artist’s impression of new F1 pit design Costing $4 million, the pit is meant to give an impression of space. There will be an outdoor viewing gallery for guests to get close to … Read more
Upgrading programme completed at Upper Boon Keng Riverview
Celebrations were held at the recently upgraded Upper Boon Keng Riverview precinct on Sunday. A total of 183 flats have been upgraded under the Housing and Development Board’s S$11 million Main Upgrading Programme (MUP). Information, Communications and the Arts Minister and MP for the area, Dr Lee Boon Yang, visited some of these apartments which … Read more
