DBS Home Loan

Managed Mortgage Why put up with ambiguous mortgage rates when you can enjoy absolute transparency with DBS Managed Mortgage? Taking up a mortgage is probably one of the most important financial decisions you'll ever make. After all, it is a lot of money for a very long time. So instead of accepting mortgage rates that are subject to the discretion of banks’, make the switch to our Singapore Interbank...

The Beverly

Nestled at the blissful locale of Toh Tuck Road, this 118-unit freehold development comprises of 2, 3, 4-bedroom apartments and penthouses with private roof garden and pool, bestowed with distinguished living spaces and landscaped views. For pleasurable living, ease you cares away at the spa oasis, aqua gym and pool or indulge in nature treks at nearby Bukit Timah Reserve. Beyond The Beverly's boundaries,...

Mid-tier glows, luxe fizzles out

A bad month for home sales could be followed by upturn JANUARY was a ghastly month for the private home market. Sales hit a two-year low, as the prime downtown areas saw zero launches and just about half of all units launched that month ended up finding buyers, according to official statistics released yesterday. But even though the overall market has kicked off 2009 on a whimper, the mass-market segment...

Private home sales down in January but more units launched

Private home sales further slowed in January, according to the latest Urban Redevelopment Authority (URA) figures. Some 107 deals were completed last month, compared to 131 in December. Property agents said this was the lowest level recorded in the last two years - even lower than last October when global stock markets slumped. Even so, developers placed more projects on the market, with 204 units...

Residential rentals set to slide further as companies cut costs

Market watchers expect private home rentals in Singapore to slide a further 5 per cent in the first quarter of this year. That is partly due to falling numbers of expatriate staff based in the city state and lower housing budgets allocated to them. Singapore plays home to many foreigners working here. But the numbers could fall as firms cut costs to cope with the global recession. Real estate agency ERA...

Private home sales down in Jan but more units launched

Private home sales further slowed in January, according to the latest Urban Redevelopment Authority (URA) figures. Some 107 deals were completed last month, compared to 131 in December. Property agents said this is the lowest level recorded in the last two years - even lower than last October when global stock markets slumped. Even so, developers placed more projects on the market, with 204 units...

Self-regulation isn’t enough

Stricter rules are needed to protect the public from unscrupulous real estate agents THE recent case of the couple, who sued ERA Realty Network after discovering they had been shortchanged by the company's agents when they sold their apartment, once again highlights the need for better regulatory control of real estate agents. Following the case, there were many calls for the authorities to bring about...

F&N posts 18% drop in Q1 net profit to S$89m

Mainboard-listed conglomerate Fraser & Neave (F&N) has reported an 18 per cent drop in its first-quarter net profit to S$89 million. Revenue fell 6 per cent in the three months ending December to S$1.2 billion. This was due to lower property sales in its overseas projects and a drop in revenue from its dairies segment, as consumer sentiment was hit by the melamine scare last year. But F&N's...

Price war in the works?

CDL offers Valentine's Day discount for Pasir Ris project AT A time when consumers think twice before forking out money for big-ticket items, a major property developer here is dangling outright discounts to lure buyers. And if customers do bite, the move may mark the start of a price war, say industry observers. Yesterday, Mainboard-listed City Developments Limited (CDL) fired the first salvo by...

$60m lift for airport retailers?

AS air traffic falls, more than$60 million has been set aside to give retailers at Changi Airport a much needed lift. The Civil Aviation Authority of Singapore (CAAS) will provide a rental relief package - $43 million in rebates and $20 million for a newly set up "Promotions Development Fund" - for retail, F&B and services concessionaires to help them remain viable, Senior Minister of State...

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