Tampines Court collective sale in peril

THE sales committee at Tampines Court looks to have shot itself in the foot after a ruling by the Strata Titles Board (STB) yesterday almost certainly killed off its estate’s $405 million collective sale. It delayed seeking mandatory STB approval for the deal and is now caught in a deadline trap of its own making. … Read more

URA wins award for Bras Basah-Bugis master-planning efforts

The Urban and Redevelopment Authority has won an international award for its master-planning efforts for the Bras Basah-Bugis district. Dubbed as an enclave for arts, culture, learning and entertainment, the 95-hectare district was conferred the Award for Excellence 2008 in Asia Pacific by the Urban Land Institute (ULI) – an international, non-profit education and research … Read more

Bugis makeover wins global award

Past winners include Tokyo’s Roppongi Hills and Shanghai’s Xintiandi BOASTING a mix of lovingly preserved old buildings and swanky new developments, the Bras Basah-Bugis area is home to funky arts schools, museums and theatres. The transformation of the neighbourhood, once infamous for its population of transvestites, has been more than 20 years in the making. … Read more

Singapore is facing its most promising decade ahead

Minister Mentor Lee Kuan Yew says Singapore is facing its most promising decade ahead. He expects the economy to grow by up to 7 or 8 per cent over the next few years, barring a global economic downturn. He was speaking at a dialogue session organised by the Monetary Authority of Singapore (MAS) and the … Read more

MM Lee upbeat about Singapore’s growth prospect

The coming decade could be the most promising for Singapore, says Minister Mentor Lee Kuan Yew. But to achieve progress, Singapore must have a top-class government. Mr Lee shared his views about Singapore’s growth and challenges during a dialogue session hosted by the Monetary Authority of Singapore (MAS) and the Economics Society of Singapore (ESS) … Read more

Singapore growth slows in Q2

Singapore’s economy suffered its biggest contraction in five years in the second quarter as exports to the United States and Europe tumbled, leaving less room for the central bank to battle inflation at a 26-year high. Singapore is the first Asian country to report quarterly GDP data and its heavy dependence on trade make the … Read more

Mapletree starts construction of Shah Alam Logistics Park

Mapletree Investments on Friday said that it has started the construction of a 10-hectare logistics park in Malaysia. The Shah Alam Logistics Park is expected to be completed early next year and be mostly pre-leased to logistics operators. It will have 60,000 square metres of gross floor area in three single-storey warehouses with mezzanine offices. … Read more