Posted on May 10, 2008 by idealresidence
Three new linkways at Southern Ridges cost S$25.5m
SINGAPORE: The three new linkways at the Southern Ridges cost the Urban Redevelopment Authority S$25.5 million to build.
To enjoy the view on foot, one must be prepared to spend at least two and half hours to cover the entire attraction. Harbour views in the day and city [...]
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Posted on May 10, 2008 by idealresidence
PM Lee opens new pedestrian bridges and Hort Park at Southern Ridges
SINGAPORE: You can now take a 9-kilometre walk from Mount Faber to Telok Blangah Hill and Kent Ridge Park. The three hills are collectively known as the Southern Ridges and they are linked by two new pedestrian bridges and a walkway, which were opened [...]
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Posted on May 10, 2008 by idealresidence
Property key driver as F&N H1 net profit rises 11.7%
Group looks to grow other business segments; second-quarter net earnings fall 9.8%
THE property segment was the key profit driver for Fraser & Neave (F&N) in the first half of its financial year. But that may change in future as the group looks to grow other business [...]
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Posted on May 10, 2008 by idealresidence
A-Reit buyer of Creative’s HQ building in Jurong East
By KALPANA RASHIWALA
ASCENDAS Real Estate Investment Trust (A-Reit) has emerged as the buyer of Creative Technology’s headquarters building at 31 International Business Park in Jurong East. The price will be $246.8 million.
Creative said in March that it had agreed to sell and lease back the [...]
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Posted on May 10, 2008 by idealresidence
YOG village will be completed by Feb 2010
It will be 4-5 months ahead of schedule because of ‘green lane’ status
By LEE U-WEN
THE Youth Olympics Games (YOG) village will be ready by February 2010 - four to five months ahead of schedule, thanks to the government giving the project ‘green lane’ status.
This means [...]
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Posted on May 10, 2008 by idealresidence
Stanchart goes on hiring spree
Bank swims against the tide; plans to recruit another 500 in S’pore and 10,000 worldwide
By CHOW PENN NEE
(SINGAPORE) While banks in the US and Europe are making announcements - almost on a daily basis - about job cuts and writedowns, Standard Chartered stands quietly poised to grab any [...]
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Posted on May 10, 2008 by idealresidence
Inflation may ease: Tharman
Weekend • May 10, 2008
— Bloomberg
Singapore’s inflation may slow down in the second half from that of the preceding period, Finance Minister Tharman Shanmugaratnam said.
The government does not need to adjust its inflation forecast of 4.5 per cent to 5.5 per cent, Mr Tharman told reporters in Jakarta yesterday. Singapore’s policies focus [...]
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Posted on May 10, 2008 by idealresidence
OUE earmarks $530m to build 38-storey tower
Tenants of existing block given till end of this month to vacate premises
By Joyce Teo
THE fitness chain True Yoga will have to find a new position to assume in the business district after one of its outlets got its marching orders, but it might be a bit of [...]
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Posted on May 10, 2008 by idealresidence
Remaking Jurong: From ulu town to romantic lake district
Can Jurong with its uncool industrial image be transformed into a romantic lake district that is also rich in jobs? Lee Siew Hua meets the zestful planners behind the new Jurong Lake District and looks at the prospects of success for Singapore’s next mini-metropolis
By Lee Siew Hua [...]
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Posted on May 10, 2008 by idealresidence
Split property sales commission in two parts
IT IS heartening to learn that the court dispute between PropNex and Mr and Mrs Loh Yi Min has been settled amicably.
We can learn something from this incident. When a property agent undertakes work for either the seller or the buyer or both, he does it for a [...]
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