Ho Bee to sell Frontech Centre for $30 mln
Ho Bee Investment Ltd said on Friday that its subsidiary, Ho Bee Developments Pte Ltd, has entered into a contract to sell its industrial building, Frontech Centre to AG Frontech Private Limited for S$30 million. The net book value of the property on June 30, 2008 was S$13.93 million. The sale will yield a pre-tax … Read more
HDB launches 992 flats under balloting exercise
The Housing and Development Board (HDB) of Singapore has launched the sale of 992 flats under its Balloting Exercise on Friday. They include surplus flats available from the Selective En Bloc Redevelopment Scheme (SERS) in Ang Mo Kio, Kallang, Whampoa, Queenstown and Jurong West, as well as remaining units at The Pinnacle@Duxton. HDB said on … Read more
Population grew to 4.84 million, boosted by strong non-resident growth
Singapore’s population hit 4.84 million in June this year, marking a 5.5 per cent increase from a year before. The figure is buoyed by an increasing number of foreigners in the country, boosted by strong economic growth over the past few years. The number of non-residents grew by 19 per cent, while the resident population … Read more
Pulsating Marina Bay
This new prime area for living, working and playing will become even more vibrant once Marina Bay Sands is ready, writes HAN HUAN MEI FOR a long time, when the question was asked, ‘where do wealthy Singaporeans live’? The answer would either be ‘the bungalows in Tanglin, Bukit Timah and Holland Road’ or ‘the luxurious … Read more
Sentosa Cove a coveted address
CHIA SIEW CHUIN and AUDREY TAN look at the projects that make up Singapore’s exclusive marina residential community FANCY revelling in a resort home that’s just under 15 minutes from the central business district and shopping malls? Where can you enjoy a round of golf at an international golf course situated right at your doorstep? … Read more
Singapore property investment: Spoilt for choice
Home buyers have a wide range of projects to choose from that will match their lifestyles, write CHUA CHOR HOON and ONG KAH SENG PROPERTY investment requires substantial capital outlay and it takes a longer time to dispose of it compared to other assets like shares, especially in a soft market. Important factors to consider … Read more
Singapore prime areas beckon
High-end homes in these exclusive areas appeal to foreign buyers whose numbers have risen over the years IN Singapore, Districts 9, 10 and 11 are traditionally recognised as prime residential areas. Districts 9 and 10 are located around the main shopping belt of Orchard Road (Orchard, Cairnhill, River Valley, Ardmore, Holland Road, Tanglin), while District … Read more
Branded residences set to take off
Still in its infancy, the branded residential market in Asia has the potential to grow, write DESMOND SIM and MELISSA SNG COMING home to an immaculately kept apartment with all the creature comforts or having a beach retreat at your own private villa with all the attendant luxuries are all possible in a branded residential … Read more
Spruce up your personal space
IT’S NO secret that the upper echelons of Singaporean society love branded clothes, accessories and cars. But they crave designer labels on their furniture, too. ‘Interior design is increasingly geared towards incorporating branded furniture into personal tastes,’ said William Ong, executive chairman of Axis ID. ‘People are creating interiors that focus on their treasured items, … Read more
Property prices, rents set to fall in Asian cities
Property prices and rents in Asia’s financial centres of Hong Kong, Singapore and Tokyo are set to fall as banks scale back hiring and investments in the global financial turmoil. But while banks lay off tens of thousands in the United States, in Asia they are more likely to step back from ambitious expansion plans, … Read more
