Posted on July 24, 2008 by idealresidence
S’pore is 13th most expensive city
It is also the 5th costliest in Asia for expats: Mercer survey
By ARTHUR SIM
SINGAPORE is the world’s 13th most expensive city for expatriates, and the fifth most expensive in Asia.
According to Mercer’s Worldwide Cost of Living Survey 2008, Singapore ranks above Sydney (15th), New York (22nd) and [...]
Filed under: Expatriates/Foreigners, Property News | Tagged: COST OF LIVING, Mercer's survey, most expensive city | No Comments »
Posted on July 24, 2008 by idealresidence
S’pore getting more expensive for expats: Mercer survey
It moves up a spot in two categories - to No. 5 in Asia and No. 13 in the world
By Francis Chan
SINGAPORE is now the fifth most expensive Asian city for expatriates, up a notch from an earlier survey, human resources consultancy Mercer said yesterday.
The annual [...]
Filed under: Expatriates/Foreigners, Market Trend, Property News | Tagged: American Chamber of Commerce, COST OF LIVING, expensive Asian city, Mercer's survey | No Comments »
Posted on July 24, 2008 by idealresidence
COST OF LIVING: SHELTER
Where else can you buy your home in 5 years?
I REFER to Tuesday’s letter by Senior Minister of State for Finance and Transport, Mrs Lim Hwee Hua, ‘Singapore not necessarily costlier than Sweden”.
I too was surprised by the claim by Ms Heng Siew Cheng that it is cheaper (and better) to [...]
Filed under: Condominium, Expatriates/Foreigners, Forum/Discussion, General, HDB, Market Trend, Property News | Tagged: COST OF LIVING | No Comments »
Posted on July 7, 2008 by idealresidence
Fix resale levy as percentage of cash proceeds from sale
THE HDB requires home owners who sell their flat and buy another new one, to pay a $40,000 resale levy.
The rationale behind the levy is simple: To prevent second-time new flat buyers from benefiting equally with first-timers and so reducing the chances of first-timers getting a [...]
Filed under: Expatriates/Foreigners, HDB, Property News, Regulations/Policy | No Comments »
Posted on July 5, 2008 by idealresidence
Soaring rents pushing PRs to buy flats
They account for 20% of resale-flat purchases, say agents
PERMANENT residents (PRs) are flocking to buy Housing Board resale flats as high rents start to make ownership a more attractive option.
Sales to PRs have rocketed in the past two years, say property agents, and the keen army of [...]
Filed under: Expatriates/Foreigners, HDB, Market Trend, Property News | No Comments »
Posted on June 19, 2008 by idealresidence
Expat schools being offered vacant sites
I REFER to Mr Frankie Mao’s letter, ‘Let expat schools expand into vacant properties’ (June 11), which suggested that expatriate schools be allowed to use vacant school buildings as a temporary measure.
We thank Mr Mao for his suggestion and would like to clarify that this is already being done.
Several international [...]
Filed under: Expatriates/Foreigners, Forum/Discussion, Property News | No Comments »
Posted on June 16, 2008 by idealresidence
It’s musical chairs for international schools
WHEN the Canadian International School announced that it had secured a site in Jurong to house students from three of its campuses, a silent cheer went up from some other international schools.
They immediately began strategising expansion plans, including the possibility of taking over those campuses at Toh Tuck, Bukit [...]
Filed under: Expatriates/Foreigners, General, Property News | Tagged: Australian International School, Canadian International School, German European School, Lycee Francais de Singapour, Tanglin Trust School, United World College | No Comments »
Posted on June 12, 2008 by idealresidence
Expatriate cost of living climbs
LIVING costs for expatriates in Singapore have risen among the most over the past nine months, according to a survey.
ECA International’ s latest cost-of-living study shows Singapore climbing 17 places in the rankings to 114th spot. Within Asia, it is 13th on a list dominated by Japanese and Korean cities.
Human [...]
Filed under: About Singapore, Expatriates/Foreigners, General, Property News | No Comments »
Posted on June 12, 2008 by idealresidence
BNP to move all IT services to Singapore
SINGAPORE‘S standing as a major financial centre has won another vote of approval - this time from BNP Paribas Private Bank.
The French bank is consolidating in Singapore its information technology (IT) support services from various parts of the world. It aims to have 120 staff members in [...]
Filed under: About Singapore, Banks/Finance, Expatriates/Foreigners, General, Property News | No Comments »
Posted on June 12, 2008 by idealresidence
Cost of living up for expats in S’pore
Republic up 17 places in global ranking due to higher inflation and stronger Singdollar
SINGAPORE has become a more expensive place for expatriates to live, but it is still cheaper than Hong Kong, even though the gap is closing with its long-time rival.
The Republic jumped 17 places [...]
Filed under: Expatriates/Foreigners, Property News, Singapore Economy | 1 Comment »