Prime Minister Julia Gillard and her partner Tim Mathieson need to find an alternative to the Lodge. PM wants a rental property while the Lodge is being renovated Security demands making the choice more difficult One in ten Aussies in housing stress PRIME Minister Julia Gillard is experiencing Australia’s housing crisis first hand in her […]
Archive | November 4, 2011
Housing sector ‘making a comeback’ – AAP 02 Nov 11
THE housing sector is set to make a comeback, getting a further boost from yesterday’s interest rate cut, economists say. Australian residential building approvals fell 13.6 per cent to in September, seasonally adjusted, the Australian Bureau of Statistics (ABS) said on Wednesday. Economists’ forecasts had centred on a five per cent fall in approvals in […]
Building approvals fall 13.6 per cent – News.com.au, 02 Nov 11
AUSTRALIAN residential building approvals fell 13.6 per cent to 11,889 units in September, seasonally adjusted. This compares to a downwardly revised 13,758 units in August. In the year to September, building approvals were down 12 per cent, the Australian Bureau of Statistics (ABS) said on Wednesday. Economists’ forecasts had centred on a five per cent […]
S’pore, US among top destinations for rich Chinese migrants – The Straits Times 4 Nov 11
About 60 percent of the rich Chinese people, each of whom has a net asset of at least 60 million yuan (S$12.12 million), said they intended to migrate from China, a report has found. About 14 per cent of them have either already migrated from China or have applied for migration. The three most favoured […]
Green Lodge put up for collective sale, EOI at Oxley – Business Times 3 Nov 11
Green Lodge, a freehold development located on Toh Tuck Road, has been put up for collective sale. Separately, an Expression of Interest (EOI) exercise was launched yesterday for 71 and 73 Oxley Rise, a freehold site zoned for ‘commercial and residential’ use. The Green Lodge site has an asking price that is above $195 million, […]
Punggol residential site draws top bid from Chinese firm – TODAY 4 Nov 11
A 99-YEAR-LEASEHOLD residential site at Punggol Central/Edgedale Plains drew a top bid of $215.87 million yesterday, or $330 per square foot per plot ratio (psf ppr). Chinese firm Qingjian Realty (South Pacific) Group trumped four other developers to put in the top bid for the site, which measures 218,034.6 sq ft and has a maximum […]
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