Abu Dhabi's leading property developer ALDAR is in Singapore looking for both investors and skilled partners for its real estate development projects in the Middle Eastern city.ALDAR was set up by the UAE authorities to promote the development of Abu Dhabi. ALDAR's Chief Investment Officer John Straw explains why the developer is participating in the Global Entrepolis @ Singapore. "We are always looking...
General
The outlook for the construction sector is bright, says Minister of State for National Development Grace Fu.This year's construction demand forecast has been revised upwards to between S$14 billion and S$16 billion from the previous estimate of S$12 billion to S$13.5 billion. The sector's third quarter contribution to the GDP also grew by one per cent. And more will be done to raise the quality of...
Just as doors open for you at certain stations in life, we’re pleased to present to you a window of luxurious living at Carinhill Residences. Designed to surround you in an oasis of a privileged lifestyle, Carinhill Residences is a reflection of your refined taste of every turn in its exclusive apartments. From its close proximity to Singapore’s shopping and entertainment hub of Orchard Road,...
The Urban Redevelopment Authority (URA) has received eight bids for its tender for the proposed commercial and hotel development at Collyer Quay.The tenders will be evaluated through a two-envelope system. Tenderers are required to submit their concept proposals and tender prices for the 2.7 hectare site in two separate envelopes. The concept proposals will be evaluated first by a Concept Evaluation...
The recently concluded IMF/World Bank meetings have given the hotel industry many reasons to smile. According to the Jones Lang LaSalle Hotels, both occupancy rates and room rates rose significantly over the past two months compared to June. However, over the longer term, Jones Lang LaSalle says some 20,000 hotel rooms are needed to support the government's vision of doubling tourist arrivals to 17...
Not only is it taking longer to sell homes in the current real estate market, but it's also taking more time to negotiate most purchase contracts. Factor this into your game plan as you forge ahead in the new home-sale market. Some people have an adverse reaction to negotiation. They would rather state their price upfront, along with a message to the other party to either take it or leave it. Last year,...
Situated on the longest coastal stretch of Sentosa Cove, The Coast is the only condominium in this premier residential enclave to feature views of both the panoramic vista of the South China Sea and the enchanting waterways of Sentosa Cove for all units. It will provide an unparalleled setting for your abode. In fact, you'll probably just feel as if the high seas belong to you. The Coast comprises 249...
Singapore's housing market, dead for five years, is suddenly gripped by frenzy. Developers are falling over each other to buy older condominiums en bloc from their individual owners only to tear them down and build anew. So far this year, such collective purchases have amounted to $6 billion, three times the figure for all of last year. The builders reckon that when the new apartments are ready...
We all go thorough stressful experiences in our lives and the stress of buying a house is a no lesser experience. First, there is the stress of finding the right real estate agent you can trust, find the home that you feel is just right for you, negotiating the sale, and finally arranging the move. During this time you may go through feelings of frustration, which may result in your not acting in your...
Serviced apartment operators in Singapore are in talks with authorities to waive a minimum stay period that stops them from competing head-to-head with hotels. This is according to Ascott Group, the largest serviced apartment player in Asia. The comment came as Ascott unveiled details of three new projects here in Singapore. Currently, serviced apartment operators in Singapore are not allowed to rent...