Koh Brothers awarded contract to build part of Punggol Waterway
Construction firm Koh Brothers has won a contract to build the first part of the Punggol Waterway in Punggol Town. The contract, which is awarded by the Housing and Development Board (HDB), is worth S$144.6 million. Under the deal, Koh Brothers will build a 2.4-kilometre waterway and its related engineering works in Punggol Town. The … Read more
S$144.6m contract awarded for Punggol redevelopment
The Housing and Development Board (HDB) has awarded a S$144.6 million contract to Koh Brothers Building and Civil Engineering Contractor to develop Punggol estate into a premier waterfront town. Plans to revamp Punggol were announced by Prime Minister Lee Hsien Loong at the National Day Rally in August 2007. They include the construction of a … Read more
US housing market may have turned a corner, say analysts
They point to rise in existing home sales, shrinking inventory in December The coast-to-coast fire sale in the US housing market appears at long last to have caught a bit of a bid. Yes, residential real estate remains in the throes of the worst downturn since the Great Depression. Yes, home prices are the lowest … Read more
Asian property market volatility expected to continue
Asia property stocks are definitely out of fashion in 2009, but brave contrarian investors may find dabbling in Japanese landlords or Chinese developers could pay off. Asia property markets are slumping in the same way they did after the 1997-98 financial crisis and probably will not recover until 2010, with home prices in Singapore and … Read more
Help for cash-strapped home buyers
ut developers will be judicious in granting payment extensions, and even sue those trying to walk away Some developers are considering granting payment extensions to their home buyers if they face difficulty paying up when the projects get Temporary Occupation Permit (TOP), BT understands. Buyers on the deferred payment scheme (DPS) will have to pay … Read more
