Posted on July 11, 2008 by idealresidence
URA wins award for Bras Basah-Bugis master-planning efforts
SINGAPORE: The Urban and Redevelopment Authority has won an international award for its master-planning efforts for the Bras Basah-Bugis district.
Dubbed as an enclave for arts, culture, learning and entertainment, the 95-hectare district was conferred the Award for Excellence 2008 in Asia Pacific by the Urban Land Institute [...]
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Posted on July 11, 2008 by idealresidence
Mapletree starts construction of Shah Alam Logistics Park
SINGAPORE : Mapletree Investments on Friday said that it has started the construction of a 10-hectare logistics park in Malaysia.
The Shah Alam Logistics Park is expected to be completed early next year and be mostly pre-leased to logistics operators.
It will have 60,000 square metres of gross [...]
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Posted on July 11, 2008 by idealresidence
MM Lee upbeat about Singapore’s growth prospect
SINGAPORE: The coming decade could be the most promising for Singapore, says Minister Mentor Lee Kuan Yew. But to achieve progress, Singapore must have a top-class government.
Mr Lee shared his views about Singapore’s growth and challenges during a dialogue session hosted by the Monetary Authority of Singapore (MAS) [...]
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Posted on July 11, 2008 by idealresidence
Singapore is facing its most promising decade ahead
SINGAPORE: Minister Mentor Lee Kuan Yew says Singapore is facing its most promising decade ahead.
He expects the economy to grow by up to 7 or 8 per cent over the next few years, barring a global economic downturn.
He was speaking at a dialogue session organised by [...]
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Posted on July 11, 2008 by idealresidence
Price surge last year sees more owing over $1m
Number of such borrowers nearly doubles to 8,280 in April from a yr ago
By SIOW LI SEN
BANKS have been tightening the screws on first-time home buyers but more big loans have been made. More speculators and investors have also taken additional mortgages.
The number of [...]
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Posted on July 11, 2008 by idealresidence
Bugis makeover wins global award
Past winners include Tokyo’s Roppongi Hills and Shanghai’s Xintiandi
By Hong Xinyi
BOASTING a mix of lovingly preserved old buildings and swanky new developments, the Bras Basah-Bugis area is home to funky arts schools, museums and theatres.
The transformation of the neighbourhood, once infamous for its population of transvestites, has been more [...]
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Posted on July 11, 2008 by idealresidence
Second-quarter growth falls sharply to 1.9%
Economists cut full-year forecasts after dismal flash estimate
ECONOMISTS have pared their forecasts for the year after growth in the second quarter suffered its biggest contraction in five years.
Estimates have been reined in from the 5.5 per cent or more tipped early this year to as low as [...]
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