You think you know the bank interest rate you are paying when you take out a home loan — but a year or so later, you discover to your shock that it has ballooned, and you should have read the fine print more closely. Such scenarios, which were at the heart of numerous gripes from Today readers last year, should be a thing of the past, when new guidelines by the Association of Banks in Singapore (ABS)...
If you have put your money down for a newly launched private property in the first quarter of this year, there is a pretty good chance that your future neighbour may not be Singaporean. Singapore’s attractiveness to foreign talent has seen an increase in the number of foreigners putting their money down for properties here, according to a report by real estate specialists DTZ Debenham Tie Leung. An...
Singapore will extend its merger and acquisition rule to real estate investment trusts (Reits) to make the Republic’s regulations more in line with industry standards in the United Kingdom and Australia. Parties intending to acquire 30 per cent or more of the total units of a Reit will be required to make a general offer for all outstanding units, the Securities Industry Council (SIC) said in a...
Being an Australian expatriate living and working in Singapore for the past 10 years, I have found myself in a position where the rental on my current condo unit will be increased from $1,900 a month to $3,500. Most of us know that paying this much in rental is nothing short of pointless and a complete waste of hard-earned money. So, like almost all of my expatriate friends, I have decided to buy rather...
The former River Valley Primary School looks set to be transformed into a hub for temporary offices, providing much-needed relief in the face of the office space crunch in the Central Business District (CBD). Tenancy for the site, a stone’s throw from Great World City, was awarded to ERC Holdings by the Singapore Land Authority (SLA). ERC, a local company that trains and funds business start-ups, beat...
A haute living landmark in prime district 10. This extravagant freehold development takes you into a world of quiet elegance, with regally manicured gardens, delightful sculptures, and a spectacular outdoor entertainment area. Revel in the absolute privacy of having just one home per floor, and a private lift that opens directly into your own lavish abode. With 360 degree scenic panoramas, Cliveden at...
Design Concept # The iconic architecture of the building is evolved from the idea of a glittering chandelier. The Lumos cradles a central column of sparkling glass “Living Pods”, designed to resemble the jewel like crystals of a chandelier. Units at either side of the “Living Pods” symbolize the crystal plate of the chandelier # Sky Gardens connecting each level (except on Duplexes, where they...
Location: 20 Cuscaden Road (District 10) Type of Development: Apartment Tenure: Freehold Total Units: 29 Year of Completion: 2003 Unit Types: 4 bedrooms ~ 2,347sqft, 2,368 sqft 5 Bedrooms ~ 3,692 sqft, 3,703 sqft Penthouse (Triplex) ~ 9,720 sqft PRIME & EXCLUSIVE LOCATION A splendid fusion of granite and glass, The Tomlinson is like no other residences in Singapore. Conceived with the idea of the...
Set on one hectare of freehold land, The Ladyhill is an oasis of calm in the heart of the city with the prestigious address of 1 Ladyhill Road. This exclusive four-storey development has only 55 residences that define the ultimate in luxury and design, with unrivalled privacy. The architecture of this award winning development is an exquisite blend of contemporary yet tropical construction that combines...
A sky villa and two penthouses of the luxury Leonie Parc View condominium will go under the hammer on June 8 in a by-invitation-only auction conducted by Colliers International and Christies’ Great Estates exclusive affiliate Ken Jacobs. The freehold, 29-storey property is developed by Soilbuild Group Holdings and consists of one sky villa, three penthouses, and 40 four-bedroom apartments. There is...