Posted on May 1, 2008 by idealresidence
PM upbeat about Singapore economy
He is confident Singapore will be able to weather uncertain global outlook
SINGAPORE is sailing into choppier waters amid uncertainty in the global economy, but Prime Minister Lee Hsien Loong is confident of Singapore’s economic prospects.
In his annual May Day message, Mr Lee sketched out the uncertain outlook due to the financial [...]
Filed under: About Singapore, General, Property News, Singapore Economy | No Comments »
Posted on May 1, 2008 by idealresidence
PM Lee cautions S’poreans to prepare for economic slowdown
SINGAPORE : Prime Minister Lee Hsien Loong has cautioned Singaporeans to be prepared for a slowing economy in the next few quarters.
Speaking in Malay, Mandarin and English at the May Day Rally, Mr Lee told workers that Singapore’s economy may have done well so far in [...]
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Posted on May 1, 2008 by idealresidence
URA closes tender for transitional office site at Scotts Road
SINGAPORE: The Urban Redevelopment Authority has closed the tender for the transitional office site at Scotts and Anthony Roads.
It was launched for sale on 28 February on a 15-year lease.
The land parcel attracted four bids with Sun Venture Investments putting it the highest at [...]
Filed under: Commercial, Government Land Sales, Investment, Market Trend, Property News | No Comments »
Posted on May 1, 2008 by idealresidence
Transitional office site gets top bid of $226 psf ppr
Offer is 7% below last week’s top bid for nearby plot
By ARTHUR SIM
THE Urban Redevelopment Authority (URA) has closed the tender for a transitional office site at Scotts Road/ Anthony Road - receiving a top bid of $32.99 million.
This works out to be [...]
Filed under: Commercial, Government Land Sales, Investment, Market Trend, Property News | No Comments »
Posted on May 1, 2008 by idealresidence
Developers vie for top ‘green’ honours
Keppel Land wins its first platinum for Ocean Financial Centre, slated for completion in 2011
By CHEW XIANG
THE battle for the Green Mark platinum award is heating up.
Last year, City Developments fired the first salvo, claiming two of the seven platinums, the highest rating given out by the [...]
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Posted on May 1, 2008 by idealresidence
JTC offers 1.9ha one-north site for sale
By KALPANA RASHIWALA
A COMMERCIAL site slated for mostly office use near the existing Buona Vista MRT Station has been made available for application under the reserve list.
The 1.9-hectare site can yield close to 1.3 million square feet of gross floor area, of which 21,528 sq ft [...]
Filed under: Government Land Sales, Industrial, Investment, Property News | No Comments »
Posted on May 1, 2008 by idealresidence
Prepare for external turbulence
LAST year was a good year for Singapore and its workers. The economy grew robustly, many jobs were created and workers enjoyed good wage settlements. In unionised companies, bonuses were the highest since 1990. The mood was upbeat.
This year will be much more challenging. Our economy is still doing well, but [...]
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Posted on May 1, 2008 by idealresidence
Not feasible to raise en bloc consent level to 99%
I REFER to the letter ‘Raise en bloc consent level to 99%’ by Ms Susan Prior (April 19) .
Her letter seems to me to be a way of asking the relevant government authorities to revert to the 100 per cent consent ratio for collective sales. [...]
Filed under: Condominium, Enbloc, Forum/Discussion, Legal, Property News, Regulations/Policy | No Comments »