4/8/2009 8:39:00 PM
Investors Starts Warming Up The Property Market
The sharp slide in high-end residential property prices is beginning to show up on the radars of serious investors. From their peaks in the second half of 2007 to the first quarter
this year, transacted prices of luxury condos in the prime Orchard Road
belt ...
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4/8/2009 8:36:00 PM
More Projects Launching Soon
EL Development will launch its high-end condominium Illuminaire along Devonshire Road this weekend. Apartments in the 72-unit project will be priced at an average of $1,700 per sq ft. But because they are small - the entire development consists of
one-bedroom ...
Views: 125
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4/8/2009 8:29:00 PM
IRAS Reduce Annual Values Of Over 100,00 Private Properties
The Inland
Revenue Authority of Singapore (Iras) yesterday said it accelerated its
annual review of properties to take into account the recent declines in
the rental market, and has so far reduced the annual values (AV) of
over 100,000 private properties. ...
Views: 71
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4/8/2009 8:27:00 PM
Investment Property Sales Plunged 58 Percent
Investment
property sales shrank in the first quarter of this year to their lowest
level since 1998, as fewer transactions of smaller value took place. According to property consultancy DTZ, sales plunged 58 per cent
quarter on quarter to just $153 million ...
Views: 64
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4/8/2009 8:04:00 PM
Property Tax Reduced Following Real Estate Slump
OWNERS could pay
up to 60 per cent less property tax after the taxman reduced the value
of tens of thousands of sites following the real estate sector’s slump. The Inland Revenue Authority of Singapore (Iras) recently held its
annual review - brought ...
Views: 97
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4/8/2009 8:03:00 PM
Condo-Style HDB For $722,000?
WILL house hunters spend more than $700,000 on a premium HDB flat with some condo-style features in Toa Payoh? A Hoi Hup-led consortium is about to find out after offering premium
five-room flats at its new The Peak project for up to $722,000. Analysts question ...
Views: 321
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4/8/2009 8:26:00 AM
Residential Development With Complete Rental Guarantee
INVESTORS are being offered 10 units in the 12-year-old Farrer Road district residential development Gallop Gables at the knock-down price of around $3 million each - complete with a rental guarantee. The seller is Straits Trading, which has had a year to ...
Views: 100
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4/7/2009 8:14:00 PM
Singapore Remains Asia Least Corrupted Country
SINGAPORE
continues to be the least corrupt country in Asia but the recession
could see a rise in corruption in its private sector, says a Hong
Kong-based consulting firm. This is because with the economy stuck in its deepest recession in
years, more businessmen ...
Views: 129
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4/7/2009 3:15:00 AM
Singapore And Australia Reits First To Recover From Economic Slowdown
(SINGAPORE) Real estate investment trusts in Singapore and Australia
will be the first in Asia-Pacific to recover from the economic slowdown
on their ability to secure funding from banks, according to a new
survey. Singapore has the region's best environment ...
Views: 153
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4/7/2009 3:04:00 AM
A "Lift" In Standard Of Living
Advertising director Janet Tan's standard of living just got a lift, literally. The new terrace house in Sembawang that the 47-year-old bought has a lift. Located in the dining hall on the first floor, it makes it easy for her to access
the other levels ...
Views: 118
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