Luxury condominium living in Singapore is booming and a string of interesting lifestyle features are now being introduced to distinguish between developments. Property developers are outdoing themselves to meet the new lifestyle needs of their customers, from individual yacht berths at The Turquoise in Sentosa Cove to pools in each unit at The Marq and Parkview Éclat. There’s even a car-lift and a car...
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Oversea-Chinese Banking Corp (OCBC) says it will accept Tecity's bid for Straits Trading. It will sell its 6.2% stake, generating proceeds of S$135.3m. The announcement comes just days after the Lee family, which controls OCBC, pulled out of the bidding war for Tecity. And on Monday, insurer Great Eastern Holdings also announced that it was selling its stake to Tecity. OCBC had been quoted earlier as...
When it comes to work and play for Asian expats, Singapore is the number one choice. This is according to a recent survey by ECA International, a global human resources organisation. Singapore has maintained the top spot for ten years now but regionally, it is getting tough competition from Japan and even Hong Kong. The survey found that Singapore's infrastructure, low crime rate and lack of social and...
Singapore is the best city in the world for Asian expatriates to live in due mainly to its quality of life and low crime rate, a survey released Tuesday by ECA International showed. Sydney was rated second in the survey, with third spot shared by Melbourne and Kobe in Japan, the human resources firm said. Rounding out the top 10 list for Asian expatriates was Copenhagen in fifth spot, followed by Canberra...
Fund will cushion cost of integrating solar panels into new Green Mark buildings DEVELOPERS of new and green buildings can now tap into a $20 million fund set up by the Government - a decision that is certain to sit well all-round as oil prices continue to surge. The fund will partly offset the cost of integrating solar panels into new buildings “which attain a certain level of Green Mark standard”,...
A bidding war between two of Singapore's most famous corporate families has come to an end but not without a final climax. Insurer Great Eastern Holdings says it will sell its shares in Straits Trading to Tecity, which is controlled by the family of the late Tan Chin Tuan. On Sunday, the Lee family, the main shareholder of Oversea-Chinese Banking Corp, pulled out of the race for Straits Trading, saying...
Lees say yes to Chew Gek Khim’s offer, but will OCBC? A rare and intense corporate tug-of-war between two distinguished families has ended with one side throwing in the towel, but not without first squeezing the other side. The Lees of OCBC fame yesterday retreated from the tussle for one of Singapore’s oldest firms - Straits Trading Company (STC) - by accepting the offer of $6.70 a share from the...
A new shining gem in Buangkok where life begins! With its modern features and stylish landscaping, The Quartz is resplendent with a dazzling array of recreational facilities you can imagine! Located just 3 minutes from Buangkok MRT & minutes from shopping malls, library, bus interchange, good primary & secondary schools and quick access to city via major expressways. Location: 51 - 63, 67, 69...
In the latest signal that the market for private homes has cooled, the Ministry of National Development (MND) yesterday announced minimal changes in the development charges for residential sites. A tax on property developers for site enhancement, the development charges payable in the next six months for non-landed residential sites were raised on average by a marginal 2.6 per cent. The latest hike,...
The Urban Redevelopment Authority (URA) is auctioning 11 land parcels along Sembawang Road/Andrews Avenue as part of its plans for a landed housing estate in the area. The plots constitute the Phase 2 development of the Sembawang Greenvale project, and can accommodate 90 dwellings, comprising of one bungalow, 16 semi-detached houses and 73 terrace houses. Phase 1 of the project, which consists of 12 plots...