Location: Namly Place (District 10) Tenure: Freehold Year of Completion: 2013 Total Units: 11 Unit Types: Bungalows ~ 5,974 - 6,523 sqft (5 bedroom) Location Map Site Plan Floor Plans: House No. 41 . House No. 43 . House No. 45 . House No. 47 . House No. 49 & 51 . House No. 53 . House No. 53A . House No. 53B . House No. 53C . House No. 53D Contact us at [email protected] for more...
2009
Singapore-listed Ascendas India Trust said that two of its subsidiaries have obtained term loan facilities amounting to around S$74 million from DBS Bank. The facilities will mature in December 2015 and carry an interest rate of 10 per cent a year. They will be used to fund the construction of a retail mall development in Bangalore and a multi-tenanted building development in Chennai. The property trust...
Mapletree Logistics Trust said on Tuesday its private placement to raise net proceeds of about S$78 million has been over-subscribed, with strong participation from both existing and new unit holders. The new units were allocated to over 20 quality institutional investors from Asia, Australia, Europe and the US. About 80 per cent of the new units were allocated to long-only fundamental investors. The...
Mapletree Logistics Trust said Monday it is raising net proceeds of about S$78 million in a private placement. It is offering 115 million new units at a price of between 69 and 71 Singapore cents per unit. The net proceeds will be used to finance two proposed acquisitions in Singapore amounting to S$78 million. One of the acquisitions is a six-storey warehouse facility in the west of Singapore for S$43...
The rise in risk appetite and sharp rebound in financial markets since the start of the year may have outpaced economic fundamentals, according to the Monetary Authority of Singapore (MAS) in its annual Financial Stability Review on Monday. The MAS noted that although Asia has bounced back from the financial crisis faster than expected, the global economic outlook remains uncertain. This is because the...
Mainboard-listed property and industrial services firm Tuan Sing said on Monday that it has sold Katong Mall for S$247.55 million. Its wholly-owned subsidiary, Golden Cape Investments, sold the property to an unrelated third party, Perennial Katong Retail Trust. Golden Cape secured 100 per cent ownership of Katong Mall through a successful bidding of S$219 million in an en bloc sale in June last...
Some were in financial hardship, and an increasing number were Singaporeans working overseas or who simply saw their flats as investments. They made up the growing number of households that are sub-letting their entire flats – a figure that jumped 21 per cent in the course of the last financial year. Between April last year and March this year, the Housing and Development Board (HDB) approved 22,754...
The Housing and Development Board (HDB) said on Monday it has put up for tender a residential site at Westwood Avenue. The site was placed on the reserve list and the sale process was triggered after a developer committed to submitting a minimum bid of S$15 million. The land parcel has a site area of 14,098.8 square metres and is proposed for landed housing development. Located within Jurong West town,...
Singapore's economic growth for next year could be as high as six per cent, say some industry experts. They say the three per cent outlook given by Minister Mentor Lee Kuan Yew on Sunday may be on the cautious side, but it is still news they welcome as this means better times are ahead - more so in industries such as the finance sector. "There will be a pay revision. Estimates in general range from about...
Singapore Minister Mentor Lee Kuan Yew on Sunday said the country's economy may grow by three per cent next year, and added that this year's fourth quarter looks healthy after Singapore's economy bounced back in the second and third quarters. Speaking at the annual tree planting ceremony at his constituency of Tanjong Pagar, Mr Lee said Singapore has emerged out of the recession with minimum damage. He...