MTI suspends Confirmed List for Industrial GLS Programme
Singapore’s Trade and Industry Ministry (MTI) announced on Wednesday that it is suspending the Confirmed List for the Industrial Government Land Sales (GLS) Programme. This is due to what it calls “significant and dynamic changes in global economic conditions”. MTI said in view of the current uncertainties, the site at Tampines Industrial Avenue 4 will … Read more
HK developers in denial as home prices slide
Hong Kong’s big developers have been in denial mode for the last week, countering grim forecasts of more property price slides with upbeat messages. But faced with recession, looming job cuts and rising mortgage rates, few in the city believe them – although some analysts think their share prices reflect too much pessimism. In property … Read more
A city of two tales
Good time to invest in property? Look beyond 2009 and consider projected demand and supply of homes and offices TIMES are hard for the property market with softening capital and rental values and dwindling transactions. Although conditions are expected to be poor over the next 6-12 months, we need to look beyond 2009 to ascertain … Read more
Retrenchment should be last resort: CapitaLand chief
I REFER to last Wednesday’s article, ‘When times are bad, prepare for good times’. The comprehensive coverage and impressive page presentation of the article generated much interest. Judging by the numerous e-mail messages and personal comments I have received, readers are mostly in support of what I said on managing during turbulent times. However, it … Read more
Lure the foreign buck
Make it easier for expatriates to buy houses they can live in WITH Singapore’s safe track record and attractions, such as the two integrated resorts to be completed in a couple of years, this is the best time to attract more foreign entrepreneurs to Singapore. But not all foreign entrepreneurs can afford or are willing … Read more
