To encourage importers to seek alternative sources of sand and granite, the Government plans to share some of the extra costs involved in importing these materials. Announcing this yesterday at an industry event, Minister for National Development (MND) Mah Bow Tan said: “If you are buying from a different source … the raw material cost may be the same price (but) when you factor in the logistics and...
Cairnhill Crest is located in the Cairnhill district of Singapore. The luxurious residential development comprises 3 towers, offering one-to four-bedroom units. It also boasts a clubhouse designed by the renowned architect, Norman Foster. Cairnhill Crest can be accessed via Orchard Road and is nearby Orchard MRT Station. Quite simply one of Singapore's most desired freehold addresses, Cairnhill Crest is an...
In stark contrast to the serenity of the nearby East Coast Park, a stormy en bloc tussle is brewing at the 752-unit Neptune Court estate — complete with threats of a police report and potential lawsuits. Some 100 owners who do not want to move have roped in lawyer Edmond Pereira to prevent their interests “from being circumvented”. Meanwhile, eight members of the original committee — nominated by...
Owners who object to a sale without valid reasons should compensate others Letter from Martin Woo There has been a spate of letters from minority owners voicing their complaints on the existing en bloc laws. They purport that these laws are “totally inadequate and lopsided”, as noted by Tan Kim Liang (”Rights of all owners must be protected during sale”, April 30). In any en bloc sale, there...
Letter from Charles Tan Meah Yang I write in response to the letters from concerned readers Lim Boon Hee and Steve Ngo, regarding their views on the state of global price levels and, more specifically, those of our local housing market (”A lesson worth remembering”, May 7 and “Just a lot of bull?”, May 8 ). Let me quote a more prominent investing legend, Mr Warren Buffett, who said in his 1992...
Without compromise, The Marq on Paterson Hill offers the design elements and spaciousness of high-end bungalow living within a luxury high rise apartment setting. Private 15 metre lap pools in every residence on every floor of the Signature Tower afford a tranquil luxury like no other, complimented by the unprecedented luxury of space with grand 6.5 metre double volume space throughout the living,...
Developers should offer units, pay rental to owners who do not agree to en bloc sales Letter from Paul Armstrong It is evident from the articles and letters in Today regarding en bloc sales that this phenomenon has already become a serious bone of contention. I fear that unless some strong urgent action is taken, it will soon get out of hand. A great many of the majority owners agree to sign the...
Letter from Steve Ngo I refer to the letter, “A lesson worth remembering” (May 7) by Mr Lim Boon Hee, and I absolutely agree with his views. In particular, I fully support his belief that “with the kind of salaries that average Singaporeans earn, such prices are not sustainable”. The economy may be doing well, but that is not filtered down to all sectors, and does not translate to every...
Investment sales of industrial properties could set a new record of S$3 billion this year, said property consultants, easily outstripping last year's record high of S$1.9 billion. Analysts attribute the increase to more acquisitions by real estate investment trusts and an impending divestment by JTC. JTC, Singapore's largest industrial landlord, is expected to divest properties totalling some 1.7...
Cluster Housing Developments in Singapore: Email [email protected] for more information or viewing arrangements. 3BHC District : 20 Central North Tenure : Freehold Location : Bright Hill Drive 8@Stratton District : 28 North Tenure : Freehold Location : Stratton Green Amanusa District : 19 North East Tenure : Freehold Location : Yio Chu Kang Drive Barker...