Archive | November 4, 2007

Dream of other shores for a villa by the sea

For those who find beachfront living in S’pore costly, there are options in Bali, Phuket (SINGAPORE) Don’t let your dream of owning a beachfront home get washed away by rising prices. Sure, an exclusive beachfront home at Sentosa Cove will cost anywhere in the region of $15 million to $20 million these days, but there […]

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Toa Payoh condo site available for application under reserve list

THE Housing & Development Board has made a 99-year leasehold condo site at the corner of Lorong 2/3 Toa Payoh available for application under the reserve list. The 1.4-hectare plot can be developed into a project of about 530 units averaging 1,200 sq ft, property consultants say. Market watchers suggest the site could attract bids […]

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Broad-based demand for ready-built space

JTC says net allocation rises 29% q-o-q in Q3 JTC’s ready-built facilities are proving particularly popular, with net allocation up by 29 per cent quarter-onquarter to hit 75,100 sq m in the third quarter of this year. Occupancy rates were in turn pushed up to 91 per cent from 89 per cent in the previous […]

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Q3 profits up at SingLand, UIC

SingLand’s net earnings 30% higher at $30.1m, UIC’s 43% up at $25.4m SINGAPORE Land (SingLand) and its parent company United Industrial Corporation (UIC) have both reported higher third-quarter earnings. For the three months ended Sept 30, SingLand posted a 30 per cent year- on-year increase in net profit to $30.1 million, on the back of […]

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KepLand’s 2 new Viet projects make it 7 for year

Latest joint ventures involve villa and condominium developments KEPPEL Land has entered into two separate joint ventures (JV) to build a luxury villa development and a condominium development in Vietnam. This takes the number of projects in Vietnam announced by Keppel Land this year to seven. In a statement yesterday, Keppel Land said that the […]

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US sub-prime fallout set to linger

Jitters may further lower US interest rates, dollar value IN TOKYO FINANCIAL and economic fallout from the sub-prime mortgage crisis in the US will continue for a long time and will lead to further significant falls in US interest rates and in the value of the dollar, a senior global investment manager predicted in Tokyo […]

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Case seeks greater regulation of real estate agents

THE Consumers Association of Singapore (Case) has issued a fresh call for greater regulation of property agents plying Singapore’s red-hot property market. The call comes amid a rising number of complaints against agents in a market where fast money can be made. Case president Yeo Guat Kwang told The Straits Times on Thursday that talks […]

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