Recession woes have not deterred Hong Kong billionaire Li Ka Shing from seeking out investment opportunities in Singapore's property market. The tycoon's Cheung Kong Holdings is aiming to increase its investments in the city-state. Justin Chiu, executive director, Cheung Kong Holdings, said: "Actually there are ample opportunities in Singapore right now, so we are looking at various locations. We hope...
singapore property
Property prices across the board were down in the first quarter of 2009. Official figures released Friday showed that in the private property market, residential, office, shop and industrial properties decreased fetched lower prices both in terms of sales and rentals. As for HDB’s Resale Price Index (RPI) for public housing, it showed a fall by 0.8% in 1st Quarter 2009 over the previous quarter. This...
Hopes of a quick turnaround in the property market here are fizzling out. Property consultancy DTZ said the probability of a full recovery in the Singapore property market by the end of this year is low. In a research report issued on Wednesday, DTZ predicted there is only a 0.1 per cent chance that the Singapore office rental market will recover by year-end. The residential market here is not faring...
Singapore's property market turned in a poor showing in the first quarter as developers and home-buyers braced themselves for a prolonged downturn. But analysts said there are cash-rich individuals out there who might inject life into the Singapore market in the coming months. They said these individuals with deep pockets have been doing their homework in recent months and are now ready to close in on...
Inspired by the passionate Italian culture, FIORENZA is a place of attraction in its own right. With an avant-garde architecture zestfully coloured in sunny yellow and crimson red, the 28-unit private development stands out, clearly, as an icon of modern living at Florence Road. Vivacious, sensuous and a little mischievous, this is a home that welcomes you to indulge in bold artistic tastes, unrestrained...
A home in the heart of the city, with an address next to the thriving Orchard Road, you have every convenience to shop at top designer boutiques, lounge back at chic cafes, and dine at 6-star hotels. At Paterson Suites, a world of excitements is literally just a few steps away. All because you are not part of the city - the city is part of you. Surround yourself with elegance, come home to the rustling...
TWO months of strong home sales may have sparked hopes of resilience in certain parts of the property market here, but the sector is still plagued by problems, said a CIMB-GK Securities report yesterday. A supply overhang - due to default threats from deferred payment scheme buyers - and potential price falls in the high-end market, continue to weigh on property fundamentals, said Mr Donald Chua, who...
Sales of private homes dipped 8 per cent in March to 1,220, compared to 1,323 in February. Latest data from the Urban Development Authority (URA) showed that new properties in suburban areas saw strong sales. Double Bay in Simei saw the biggest sales, with 264 units changing hands. Mi Casa in Choa Chu Kang came in second with 101 units sold. Properties located just outside the city also drew strong...
Luxurious Living Comes Naturally At The Lincoln Residences. Elegance has a new address: The Lincoln Residences. A freehold condominium comprising just 99 units, it's a haven of exclusivity and luxury in the prestigious location of Newton Road. An exquisite mix of 3 bedroom, 3 bedroom + study, 4 bedroom and penthouse units awaits your selection. Make An Elegant Statement In A Prime District. The Lincoln...
Singapore's investment property market was quiet in the first quarter of the year, as the global recession continues. The first three months of 2009 saw only 10 investment transactions, compared to 15 in the fourth quarter of last year. All the deals were below S$40 million. Real estate adviser DTZ said all the investment sales in the first quarter took place in the private sector. This is partly due...