Tokyo has been ranked as the top property investment city in the Asia-Pacific, according to a survey by Washington-based Urban Land Institute and PricewaterhouseCoopers. But while investors see plenty of opportunities in the regional property sector, financing may prove to be a key challenge in the coming year. Together with Tokyo, Singapore, Hong Kong, Bangalore and Shanghai round up the list for the...
The Building and Construction Authority (BCA) is launching initiatives to attract locals to join the construction sector and to strengthen skills at all levels of the sector's workforce. These initiatives are part of a masterplan that is being drafted to build a competent, productive and progressive labour force for the local construction industry. Announcing the masterplan on Friday at a BCA Academy...
IT IS a “prudent” move to let the market catch its breath and adjust, say analysts. And in any case, the sites that will remain available for sale after the Government moved yesterday to further curb the supply of land for private homes and commercial space would probably get few takes. The Ministry of National Development (MND) announced it will not release any private residential sites outside...
The Republic is 12th most expensive city in Asia WITH inflation and fluctuating exchange rates, Singapore has leapt 27 places up the global rankings of the world’s most expensive cities to live in. The consolation for the Republic is, its regional rivals have seen costs balloon far more astronomically. Even as it jumped up to 95th place worldwide, Singapore’s Asian ranking rose just one notch up to...
ASIAN debt managers expect real estate developers and companies in China, South Korea and Australia to provide them with the most investment opportunities next year, an industry survey shows. Economic recession, slowing consumer spending and shrinking bank lending indicate a growing number of Asia-Pacific companies will face difficulty refinancing debt next year, according to a survey of 100 hedge fund...
Singapore-listed property counters have been massively sold down in recent weeks. They are underperforming the benchmark STI, with losses of about 61 per cent year-to-date. With the outlook for the sector still cloudy, analysts say they would prefer to remain cautious on these property stocks for the year ahead. Weak new home sales in Singapore have translated into soft earnings, a poor outlook, and...
Singapore is the 12th most expensive city in Asia, according to a global survey on cost of living by international human resource company ECA International. The country jumped 27 places, and is one of Asia's biggest movers. Hong Kong was ranked 6th, while Tokyo took the top spot. For the first time, Beijing overtook Hong Kong as the most expensive Chinese city. The survey noted that the cost of living...
The Singapore government will not be adding any new sites to its land sale programme for the first half of next year. The National Development Ministry (MND) says this is because the global economic outlook remains weak in 2009. This is expected to have an impact on Singapore's economy and property market. MND released its list of land parcels available for sale in the first half of next year on...
Singapore's Marina Bay Sands integrated resort will unveil details of plans for its retail space after the Chinese New Year in January next year. Recent reports said its parent company, Las Vegas Sands, is facing financial difficulties. But the Singapore firm remains confident about prospects for its retail business. The S$5.4-billion Marina Bay Sands project is still being built. When completed, it will...
There is a sparkle in the air at Bella Ville. Enjoy special moments in one of our 6 clustered bungalows or 4 semi-detached homes where languid days and nights roll by patios and balconies under blue, blue skies. Location: Siak Kew Ave (District 13) Type of Development: Cluster Bungalow and Semi Detach Tenure: Freehold Year of Completion: 2012 Total Units: 10 Unit Types: Semi-Detach ~ 5+1 3089 sqft / 3444...