The hot property market has seen yet another residential development going up for en bloc sale. The public tender for the collective sale of Melrose Court at No.10, Lorong Limau has been launched. The freehold site is currently occupied by a four-storey residential development comprising 32 units. It has an area of 23,789 sq ft. The site is zoned for "residential" use with a gross plot ratio of 2.8...
General
Location: Lengkong Tujuh (District 14) Tenure: Freehold Year of Completion: 2014 Site Area: approx 207,000 sqft Total Units: 473 Unit Types: 1 bedroom ~ 491 sqft 1 + 1 ~ 571 sqft 2 bedroom ~ 737 to 820 sqft 2 + 1 ~ 821 sqft 3 bedroom ~ 1,160 sqft 4 bedroom ~ 1,273 to 1,349 sqft Contact us at [email protected] with the following for more information: Vacanza / Name / Contact # / Unit Type...
Singapore on Wednesday looked set to become the world's fastest-growing economy after the government upgraded its 2010 forecast to a blistering 13 to 15 percent expansion, economists said. The new forecast, up sharply from predicted 7.0-9.0 growth, outstrips estimates of around 10 percent growth in regional powerhouse China and came despite lingering worries over the US economy and Europe's debt...
The Singapore government on Wednesday upgraded its 2010 economic growth forecast to a blistering 13 to 15 per cent, outstripping estimates of around 10 per cent growth in regional powerhouse China. Robust demand for its manufactured exports, particularly biomedical products, resulted in the sharp upgrade from the earlier estimate of 7.0 to 9.0 per cent growth in gross domestic product (GDP). GDP growth...
For the first time in a year, Liu Long, 26, thinks he may consider purchasing an apartment in Beijing, despite the fact that the average price is still rising. Liu seemed a little tired when he stepped into Kylin Zone, a property project near Beijing's North Fourth Ring Road. "This is the fifth real estate project I've seen this week," Liu said. "To be honest, in the past year, every time I read...
Prime Minister Lee Hsien Loong, commenting on Singapore's latest GDP growth estimates and its 2010 outlook, said the country is on a "firm path" towards a record year. Earlier Wednesday the Ministry of Trade and Industry (MTI) upgraded Singapore's 2010 GDP growth forecast to a blistering 13 to 15 percent, outstripping estimates for China. The revision followed the 16.9 percent year-on-year GDP growth in...
JTC Corporation has started construction of the $30 million Components Manufacturing and Maintenance, Repair and Overhaul Facilities (CMMF) at Seletar Aerospace Park. The CMMF comprises seven standard factory buildings on a three-hectare site at the southern tip of the park and is intended for companies engaged in maintenance, repair and overhaul activities, and those that manufacture aerospace...
DURING the last decade, China's housing bubble has been a serious concern. The average house price in big cities like Shanghai and Beijing is now over 25,000 yuan (S$5,100) per square metre (by comparison, the resale price of HDB flats is around 15,000 yuan per square metre). Ten years ago, it was only around 5,000 yuan. In what was an unexpected but nationwide trend, there was a quick recovery of the...
AS soon as Jamie Dimon, CEO and chairman of JPMorgan Chase, sat next to me at Beijing's Grand Hyatt Hotel after delivering his keynote address at an investment conference, he popped an abrupt question to me: 'So, are you worried about the Chinese government's recent measures to manage the property bubble?' Somewhat to his surprise, I replied: 'I would be worried if the government doesn't do anything about...
A consortium called Perennial Chinatown Point has acquired the Chinatown Point retail mall and four office units for S$250 million from developer City Developments. Chinatown Point is a mixed-development comprising 283 strata-titled retail units and a 25-storey office block. It is located at the junction of New Bridge Road and Upper Cross Street and next to the Chinatown MRT station which currently...