Another six buildings will be preserved as national monuments. They are Church of St Teresa, Command House, Keng Teck Whay temple, the former Raffles College, the former St James Power Station, and Bowyer Block at the Singapore General Hospital. Acting Minister for Information, Communications and the Arts, RADM (NS) Lui Tuck Yew, in announcing the latest buildings to be gazetted on the National...
General
Architecture firm Group8asia, in partnership with Aedas, was on Wednesday declared winner of the Punggol Waterfront Housing Design Competition. Residents can look forward to resort-style housing, which will set the benchmark for the rest of the developments along the 4.2-kilometre waterway. Announcing this at an HDB awards ceremony, National Development Minister Mah Bow Tan said its distinctive sky...
Roxy-Pacific Holdings, the homegrown specialty property and hospitality group, today announced an 8% increase in revenue to $37.6 million for the third quarter ended September 30, 2009 (Q3FY2009). Net profit declined 28% to $6.3 million in Q3FY2009 from $8.7 million in Q3FY2008. Excluding fair value gain of $2.3 million recorded in Q3FY2008, Group profit before tax increased 3% to $7.5 million from $7.3...
Heeton Holdings, the niche boutique property developer that focuses on developments catering to niche upscale markets with projects of unique and exclusive concepts, says it posted an increase of 127.3% in its profit after tax to $10.35 million in its 9 months ended 30 September 2009. This came on the back of an increase in its turnover by 38.1% to $44.37 million, mainly brought about by the increase in...
A total of six bids have been submitted for the Clementi Mall development. The highest bid came from CM Domain Pte Ltd at S$541.898 million. CM Domain is a fully-owned subsidiary of Singapore Press Holdings, with investment holding being its principal business. The lowest bid came from Sim Lian Holdings at S$170 million. Other bidders included Titanium (AMT) Pte Ltd, Guthrie (Anshan) Pte Ltd, FC Retail...
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...
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...