Property agents said on Tuesday that flat prices in opposition-held wards, Hougang and Potong Pasir, are likely to rise if they are selected for lift upgrading. This is after the government announced on Monday that the two are among the 65 precincts in Singapore that are eligible for the popular improvement programme this financial year. Selected precincts will be announced in two to three months. Once...
2009
Singapore said Tuesday its economy grew for the first time in a year in the second quarter, led by biomedicals and electronics, suggesting the city was emerging from its worst ever recession. The economy soared 20.4 per cent in the three months to June compared with the first quarter on a seasonally adjusted annualised basis, the Ministry of Trade and Industry said, while raising its forecast for 2009. A...
Address: 865 Mountbatten Road Singapore 437844 Location: In the East Coast vicinity, in the prime residential estate of Katong. Easily accessible via ECP, about 10 minutes drive to city via ECP and public transport Description: 7-storey building with 4 levels of retail space Neat and clean office lift lobby Upgraded common corridors Please contact leasing officer at [email protected] or +65 9273 4834...
Q2 flash estimates today may finally buck the trend in on-quarter terms After months in the red, economies across Asia are expected to report positive GDP numbers for the April-June quarter, starting with Singapore today. Singapore's Ministry of Trade and Industry is due to release early this morning flash estimates of the economy's Q2 gross domestic product (GDP) growth, which economists widely expect...
About 65 per cent or 215 units of The Gale condominium development in Loyang were sold at a preview that started last Friday. The units were sold at an average price of S$650 to S$700 per square foot. Due to the strong demand, Hong Leong Holdings had decided to release more than the 80 units originally slated for release. The official launch of The Gale will be held this Saturday, July 18. Hong Leong...
Property consultancy CB Richard Ellis (CBRE) is revising its rental forecasts for 2009, given better-than-expected average rentals in the second quarter. The firm now expects Orchard Road rents to fall between 10 and 12 per cent this year, a less drastic decrease than its earlier estimate of 15 to 20 per cent. Suburban mall rents are likely to contract between 5 and 6 per cent, down from its earlier...
Most economists expect Singapore to achieve a double-digit economic growth for the second quarter of 2009. This could range between 12 and 23 per cent on a seasonally-adjusted, quarter-on-quarter basis. They attribute the forecast to better industrial production and external trade numbers over the past months. In addition, observers said the financial services sector, stock market and property sector...
For the first time, opposition-held Potong Pasir and Hougang will be eligible for the Lift Upgrading Programme (LUP) for 65 precincts islandwide. Senior Minister of State for National Development Grace Fu revealed this to the media on Monday at a Home Improvement Programme (HIP) event. Residents received upgrades to their piping, laundry areas and electrical systems and 33,000 more households across...
Location: Tanah Merah Kecil Avenue (District 16) Tenure: 99-years leasehold from 09 Dec 2008 Year of Completion: 2012 Total Units: 297 (5 towers, 14 storeys) Site Area: 106,299.88 sqft Facilities: Full facilities condo with free form pools and tennis court Unit Types: 1 bedroom ~ 504 - 596 sqft 2 bedroom ~ 714 - 1400 sqft 2+1 ~ 948 - 1699 sqft 3 bedroom ~ 1211 - 2020 sqft 3+1 ~ 1288 - 2393 sqft 4...
Address: 1 Magazine Road Singapore 059567 Location: Located by the historic Singapore River and near the financial hub of Raffles Place and Shenton Way. Easily accessible via CTE Nearest MRT Station: Clarke Quay / Chinatown MRT Station Description: Central Mall is a 7-storey office building with ground floor retail units. Within the development are 2 and 3 storey conservation warehouses for retail,...