Property prices set for continued growth

Property prices set for continued growth
 
SINGAPORE: This year’s Hungry Ghost Festival, which is celebrated on the seventh month of the Chinese lunar calendar, comes at a time when the global economy is also slowing.
 
Traditionally, it means a quieter property market as investors and developers lie low during what they perceive to be an inauspicious [...]

Former Changi Military Camp offered for development as hotel

Former Changi Military Camp offered for development as hotel

 
SINGAPORE: The former Changi Military Camp at Hendon Road has been offered for development as a hotel. This is the second state property that has been put up for hotel use.
 
The first state property that has been converted for hotel use is No. 175A Chin Swee [...]

Singapore economic growth slows as US woes take toll

Singapore economic growth slows as US woes take toll
 
SINGAPORE – Singapore said Monday economic growth slowed to an annual rate of 2.1 per cent in the second quarter and forecast a decline in key exports, with experts saying the US slowdown had begun to hit Asia.
 
The 2008 economic growth target had also been cut [...]

Changi Military Camp to be redeveloped as hotel

Changi Military Camp to be redeveloped as hotel
Another state property has been put up for development as a hotel.
 
The Singapore Land Authority or SLA today launched the former Changi Military Camp for hotel use.
 
Located at Hendon Road, the camp has a land area of more than 9,600 square metres, with a gross floor area [...]

Singapore’s Q2 GDP contracted less than expected

Singapore’s Q2 GDP contracted less than expected
 
Singapore’s economy contracted 6 percent on-quarter in the second quarter, less than the 6.6 percent initially estimated by the government.
 
the outlook for the second half remains gloomy as deteriorating external conditions will continue to put a drag on growth here.
 
Compared to a year ago, Singapore’s economic growth [...]