COOPED UP LIKE BATTERY CHICKENS

COOPED UP LIKE BATTERY CHICKENS
 
Workers keep quiet out of fear
 
WHEN I walked into the building at No 2, Kampong Ampat, it was like I was entering a different world.
 
By S. Murali
 
 
31 May 2008
 
WHEN I walked into the building at No 2, Kampong Ampat, it was like I was entering a different world.
 
A dingy staircase led [...]

Those tunnelling vibes are ‘to be expected’

Those tunnelling vibes are ‘to be expected’
 
Weekend • May 31, 2008
 
VIBRATIONS are rattling your home and there is underground tunnelling work going on nearby for the construction of an MRT line. Should you be worried?
 
While such vibrations are “to be expected”, especially where tunnel boring machines cut through hard rocks, the Land Transport [...]

Houses at Cornwall Gardens Rd monitored for cracks

Houses at Cornwall Gardens Rd monitored for cracks
 
SINGAPORE : Channel NewsAsia understands that the Land Transport Authority (LTA) is monitoring some cracks in the houses at Cornwall Gardens Road, where there was a big cave-in last week.
 
Contractors are doing minor works to ensure that the houses in the area are safe.
 
LTA, which reopened [...]

Pacific Star increases stake in Prime REIT to 50%

Pacific Star increases stake in Prime REIT to 50%
 
SINGAPORE : Singapore-based real estate investment house Pacific Star Group has agreed to buy the 25 percent stake held by MEAG Munich Ergo Asset Management in Prime REIT Management Holdings.
 
Prime REIT owns 100 percent of listed Macquarie Pacific Star Prime REIT Management. It is also the [...]

One Raffles Quay wins prestigious FIABCI award

One Raffles Quay wins prestigious FIABCI award
 
SINGAPORE: The International Real Estate Federation or FIABCI has named Singapore’s One Raffles Quay as the winner of the excellence award in the office category.
FIABCI held its 17th annual Prix d’Excellence Awards ceremony in Amsterdam on Thursday.
The award recognises One Raffles Quay for excelling in all aspects of development, [...]

Eastern Holdings says FY net profit up 89%

Eastern Holdings says FY net profit up 89% 
  
Boutique property developer, Eastern Holdings says its full year net profit surged 89 percent to 15.5 million dollars.
 
Revenue over the same period jumped 19 percent to 57 million dollars.
 
The company attributed the increase to the group’s decision to diversify into the second core business [...]

New Project Launch by Developer: Shelford Suites

New Project Launch by Developer
 
Address: 16, 16A & 16B Shelford Road
 
Tenure: Freehold
 
Type of Development: 3 blocks of 5-storey residential units with a basement car park, swimming pool and communal facilities
 
Total Unit: 77 units
 
Unit Mix: 2/3/3PH/4PH
 
Payment Scheme: Deferred and Progressive
 
Special Features: Private Lift Lobby for all residences
 
Selling Point:
-          Panoramic vista of nature’s greenery and the [...]

Studio Milou gets go ahead for gallery

Studio Milou gets go ahead for gallery
 
French firm and localpartner, CPG, wins contract to design new $320-million National Art Gallery
 
Thursday • May 29, 2008
 
Christopher Toh
 
 
IT LOOKS like the future home of art here will get a French flair, after all.
 
After months of speculation, Dr Lee Boon Yang, Minister for Information, Communications [...]

Property analysts say muted property market situation is temporary

Property analysts say muted property market situation is temporary
 
SINGAPORE: Investors have been cautious about the property sector amid expectations that the muted residential property market will weaken further. However, some property consultants are taking a slightly more positive stance, saying that this situation is temporary.
 
Transaction volumes for private homes have been thin, with developers [...]

Ho Chi Minh City overtakes S’pore as having world’s fastest growth in office rentals

Ho Chi Minh City overtakes S’pore as having world’s fastest growth in office rentals
 
SINGAPORE: Vietnam’s Ho Chi Minh City has overtaken Singapore as having the world’s fastest growth in office occupancy cost.
 
The cost of renting office space in Ho Chi Minh City grew 94 percent in the last six months, according to a [...]