Hotel rooms still available along Singapore F1 circuit area

The Singapore F1 tickets are fast selling out, but fans can still catch the action from some choice locations. Hotels along the circuit are seeing high demand but rooms with a circuit view are still available, if you’re willing to pay. Offering a bird’s eye view of the race, the Swissotel is probably the place … Read more

Singapore one of top cities for SMEs looking for financing

Singapore is one of the top locations in the world for new small and medium enterprises (SMEs) looking for financing. This is according to a new study by MasterCard Worldwide. The study shows that Tokyo and Singapore are ranked in the top four out of 53 leading global cities in the potential size of its … Read more

Singapore voted as country with least burdening taxes in survey

Privately held firms have voted Singapore as the country with the least burdening taxes in the world, according to a business survey by accounting and consulting group Grant Thornton International. The survey found that 40 per cent of all privately held businesses in Singapore feel that there are no burdening taxes in the country. According … Read more

Lower top bids expected for Mountbatten site

Analysts also doubt need for more transitional offices A 15-YEAR leasehold transitional office site in Mountbatten Road, launched yesterday, is expected to fetch top bids that are 15-40 per cent lower than a nearby site sold in January this year, according to some property consultants. Some analysts again questioned the need for the government to … Read more

S’pore govt land sales in FY2007 double to $12.4b

The total is $2b shy of FY1997’s record sales of $14b The government sold some $12.4 billion worth of land in the financial year ended March 31, 2008 – double the sales of $6.2 billion achieved in the previous year. The numbers mark a steady increase for 10 straight years now, ever since the property … Read more

Only 3 of 11 trackside hotels booked fully

Just days before the Formula One race kicks off, a majority of the 11 trackside hotels are still not fully booked. Still, there is a silver lining. For some of them, business has picked up strongly of late as the race date gets closer. The Conrad Centennial and Ritz-Carlton Millenia were the first to fill … Read more

Tenant upset by closure

THE closing of roads leading to the SingTel Singapore Grand Prix circuit has upset some shop and restaurant tenants at Suntec City and Marina Square. Many of the them told The Straits Times that business has nose-dived owing to the inconvenience following the road closure. Others blamed the slower economy. Several roads, such as Beach … Read more

SLA’s land sales double to $12 billion

10-year high comes in year marked by mega deals, strong demand THE property market’s bull run might have stopped but not before sending land sale revenue at the Singapore Land Authority (SLA) to a 10-year high of $12.4 billion. Its bumper result for the 12 months ended March 31 was a twofold increase from the … Read more

Flats near city cost up to 50% more

Central, Bukit Merah and Queenstown among popular HDB estates IF YOU want to live in an HDB flat close to the city, be prepared to pay as much as 50 per cent more than if you choose to stay out in the sticks. Prices for resale flats in estates near the city such as Central, … Read more

S’pore ranks among the world’s least corrupt nations

Denmark, Sweden and New Zealand share the honour of being the world’s least corrupt countries, ahead of Singapore in fourth position and Finland and Switzerland in joint fifth, an international watchdog group said in its annual survey. Somalia is perceived as the world’s most corrupt country followed closely by Myanmar, Iraq and Haiti, according to … Read more