Singapore has come out tops in Asia for having the highest quality of living, according to an annual survey by consulting firm Mercer. The study was based on a number of factors including the political and social environment, medical and health considerations, public services and transportation, and housing. Globally, Singapore is ranked 32, after climbing two spots from last year. In Asia, Tokyo,...
One Devonshire is an exclusive development comprising only 152 units. The eye-catching development with its contemporary architecture and unique 7-sky-gardens concept will appeal to all. Each exquisitely designed sky garden has its own unique theme. Facilities include, among other things, a clubhouse, swimming pool and tennis court. This is a prime residential development and its close proximity to...
Chip Eng Seng has won a $124m HDB contract to build five residential blocks in Sengkang. The contract also includes the construction of a multi-storey car park, with a planned community facility on the first floor and a precinct pavilion. Construction is expected to begin this month, and be completed by 2011. The new contract brings Chip Eng Seng's current order book to a total of $755 million. Earlier...
Singapore ranks second in Asia after Tokyo as a key centre of commerce, according to a study by MasterCard Worldwide Research. The study ranks the top 75 centres of commerce by comparing how they perform critical functions that connect markets around the world. Globally, Singapore takes fourth spot ahead of Hong Kong which is sixth in this year's index. According to the study, Singapore shines as a...
But there will be discomfort on the ground, he says DESPITE the growing prices of food and oil around the world, Singapore is not heading for a economic recession, Finance Minister Tharman Shanmugaratnam said yesterday. According to Channel NewsAsia reports, Mr Tharman said at a community event that from all indications at this point, he did not think Singapore was heading for an economic recession. But...
But the hike in fuel prices in Malaysia will cause discomfort here SINGAPORE is not heading for a recession, said Finance Minister Tharman Shanmugaratnam, although fuel price increases in Malaysia would lead to discomfort. ‘From all indications we have at this point, I don’t think we’re heading for a recession. ‘But there will be discomfort on the ground,’ he said, speaking to Channel NewsAsia...
Finance Minister Tharman Shanmugaratnam on Sunday gave the assurance that Singapore is not heading for a recession. Speaking at a community event, Mr Tharman said, “From all indications we have at this point, I don’t think we’re heading for a recession. But there will be discomfort on the ground. Unfortunately, the fuel price increase in Malaysia does mean that vegetable, poultry and some other...
Chua Chu Kang residents will soon enjoy a new shopping experience. The 20-year-old Teck Whye Shopping Centre will soon undergo a major facelift. The 79 shops located at Blocks 137 to 146 in Teck Whye Lane will be improved at a cost of S$1.35 million. The upgrading comes under Hong Kah Town Council's five-year Town Renewal Plan. So the project will be fully funded by the town council and shop owners don't...
JTC will conduct a strategic review exercise in light of challenges from an increasingly globalised economic environment. According to JTC’s Chairman, Cedric Foo, this involves looking into maximising Singapore’s land use and boosting the industrial property market. JTC will also continue to undertake large-scale projects essential to Singapore’s growth. The theme at JTC’s 40th anniversary...
Indiabulls Properties Investment Trust has raised S$262 million from its initial public offering after pricing its units at S$1 each. This is at the lower end of its indicative range of S$1.00 to S$1.10. Analysts said the lower pricing could be a sign of a subdued IPO market. Indiabulls had offered 262 million units to investors. It also extended the closing date for its IPO to Friday, June 6. Based on...