Sibor spike not a cause for worry?

Sibor spike not a cause for worry?
 
A SPIKE in the three-month Singapore interbank offered rate (Sibor) may spell higher housing loan rates for some, but mortgage experts say there is no cause for worry given the low base enjoyed by home owners for the past few months.
 
The benchmark Sibor, the rate at which banks lend [...]

URA closed tender for industrial site at Ubi Avenue 4

URA closed tender for industrial site at Ubi Avenue 4
 
The Urban Redevelopment Authority (URA) has closed the public tender for an industrial site at Ubi Avenue 4.
 
The URA had received a successful application for the site to be put up for sale in August and it was launched for public tender on Sept 3.
 
It has [...]

Foreign workers prefer to stay away from residential estates

Foreign workers prefer to stay away from residential estates
 
The idea of a self-contained township for foreign workers has been given a thumbs-up by foreign workers themselves. But foreign worker advocates said more should be done to help these workers integrate with the wider community.
 
Singaporeans who do not want foreign workers living near them cite security [...]

Homes sold by Singapore developers fell by more than 50%

Homes sold by Singapore developers fell by more than 50%
 
The number of private homes sold by Singapore’s property developers has fallen by more than 50 percent in the just-ended financial year compared to a year ago –
 
A reflection that buying sentiment in the local residential property market has eased.
 
But Singapore’s property developers’ association, REDAS [...]

CapitaLand raises estimated cost of Abu Dhabi project

CapitaLand raises estimated cost of Abu Dhabi project
CapitaLand said its venture that’s developing a property project in Abu Dhabi expects to spend between 5 and 6 billion US dollars on the development
 
The estimated total development cost for the Arzanah project was revised to take into account the latest construction costs
 
In June last year, CapitaLand [...]

KSH to launch Lincoln Suites soon

KSH to launch Lincoln Suites soon
Singapore-listed KSH Holdings and Heeton Holdings say they’ll soon launch a new joint residential development in the Newton District.
 
Called Lincoln Suites, the development is located less than two minutes walk from the Novena station.
 
KSH said the 175-unit luxury twin tower condominium development is a fusion of aesthetics and functionality.
 
The [...]

Australian bumper haul for MBFC

Australian bumper haul for MBFC 
 
Australian companies BHP Billiton and Macquarie Group have been confirmed as the newest tenants of Marina Bay Financial Centre (MBFC).
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Mining firm BHP Billiton and banking giant Macquarie will take up 142,000 and 74,000 sq feet of space respectively in Tower 1 of the office building at downtown Marina, said [...]

You’ve got … old mail

You’ve got … old mail 
Ascott Raffles Place retains the olde worlde charm of the former Asia Insurance Building, including its letters
 
LOVINGLY preserved in the Ascott Group’s new serviced apartments in the former :Asia Insurance Building at Finlayson Green, is a link with the age before email.:
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:It is the original mail chute from [...]

65% of Marina Bay Financial Centre Phase 1 already taken up

65% of Marina Bay Financial Centre Phase 1 already taken up
 
Around 65 percent of the floor area in Phase One of the Marina Bay Financial Centre, or MBFC, has already been leased, two years ahead of completion.
 
Raffles Quay Asset Management said two Australian firms and a specialist financial services software firm are the latest [...]

New Upper Changi rd residential site awarded to TID

New Upper Changi rd residential site awarded to TID
 
The government has awarded the tender for a residential site at the junction of New Upper Changi Road and Tanah Merah Kechil Avenue to TID Private Limited.
 
It had submitted the top bid of 84 million dollars, which works out to about 280 dollars per square foot [...]