Marina Bay Financial Centre signs Macquarie, BHP Billiton as tenants
The Marina Bay Financial Centre has leased out over 65 per cent of its space, even though it is two years away from completion. Two of Australia’s biggest companies are the latest to lease space at the centre. The Macquarie Group and BHP Billiton are taking up more than 216,000 sq ft of office space. … Read more
MBFC bags BHP Billiton, Macquarie Group as tenants
Australia’s BHP Billiton and Macquarie Group are among the latest tenants announced for Marina Bay Financial Centre (MBFC), a major office development being built in Singapore’s Marina Bay area. Resources group BHP Billiton will lease 142,000 sq ft on levels 44 to 50 of MBFC’s Tower 2 while Macquarie will take over 74,000 sq ft … Read more
Singapore keeps ranking as most business-friendly place in the world
Singapore kept its top ranking for the third year in a row as the easiest place in the world to do business, the World Bank said in a report Wednesday. The Asian city-state edged out New Zealand and the United States in the “Doing Business 2009″ ranking by the World Bank. Filling out the list … Read more
Winners of Fusionpolis naming contest announced
JTC Corporation has announced the ten winning entries, selected from close to 1,600 submissions, for the contest to name the buildings at Fusionpolis. The online contest was held between November 2007 and January this year, and the winners – consisting of students, executives and a homemaker – will each bag a S$1,000 cash prize. Fusionopolis … Read more
Townships for foreign workers could house up to 20,000 under one roof
The idea of a township for foreign workers had taken off in places like the Middle East, where dormitories for foreign workers, which are sustainable and self-contained, are said to house more than 100,000 people. In Singapore, dormitory operators said this idea could take off given the acute shortage of foreign workers’ housing. There are … Read more
Janus ups stake in CapitaLand to 7.1%
CapitaLand said on Wednesday that major shareholder, Janus Capital Management LLC, has raised its stake in the property group to 7.10 per cent, from 6.01 per cent previously. The change in stake was the result of a series of transactions over the period from August 15 2008 through Sept 5 2008. Janus bought an additional … Read more
Singapore easiest place to do business: World Bank
Singapore kept its top ranking for the third year in a row as the easiest place in the world to do business, the World Bank said in a report on Wednesday. The Asian city-state edged out New Zealand and the United States in the ‘Doing Business 2009′ ranking by the World Bank. Filling out the … Read more
Hong Fok launches Concourse Skyline
Developer releasing 90 residential units in first phase MAINBOARD-listed property developer Hong Fok Corporation yesterday launched the first phase of a new residential development on Beach Road – the Concourse Skyline. Clearly prized: The site is at the heart of major attractions such as the upcoming Marina Bay IR Comprising two towers and a podium … Read more
HDB upgraders come out to play in quiet market
Their share of private home purchases rises, that of foreigners falls When the property market is hot, foreign buyers are in action. When it quietens, HDB upgraders take the spotlight. HDB upgraders’ share of private home purchases rose to 34 per cent in Q2 2008 from just 28 per cent share in Q1 2008. This … Read more
Singapore is 4th in finance hub list
Asia and Europe putting American cities in the shade, survey shows Asia and Europe are now outperforming America when it comes to providing the world’s commerce and finance hubs, one of the experts behind a recent study of global cities says. Writing in the latest edition of Newsweek, Columbia University professor Saskia Sassen said that … Read more
