TWO ultra high net worth foreign property investors in Singapore are expanding their presence here. In the luxury condo market, a Hongkonger and Singapore permanent resident who co-founded a jewellery business in the Special Administrative Region is understood to have picked up a duplex penthouse at Nassim Park Residences for S$21.2 million. The 6,878 square feet penthouse - which has four bedrooms,...
Nassim Park Residences
Nestled in the heart of Singapore’s most desirable neighbourhood, comes Singapore’s most coveted address – Nassim Park Residences. The development is an unique collaboration between three internationally acclaimed creative minds: Singapore-based architect Chan Soo Khian, Japanese landscape architect Shunmyo Masuno, and French interior designer Christian Liaigre. The result in nothing less than...
Property developer United Overseas Land (UOL) has more than doubled its profit for 2007, helped by a S$590.5 million gain from investment properties. Net earnings jumped 134 percent to a record S$759 million, boosted by higher income from property development, quoted investments, property investments and hotel operations. Revenue rose 18 percent to S$709 million. The group benefited from the progressive...