The Business Times
Monday, 21 May, 2012    LOGIN TO BT INVEST

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Putting Wealth In Your Hands
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    Singapore remains the third most expensive office location in Asia Pacific in 1Q 2012 - a position she has maintained since 3Q 2009
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    Space occupied by the financial and insurance sector in Marina Bay closes in on that in Raffles Place

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    The number of international arrivals experienced a significant dip after the earthquake. In addition to the travel safety issue associated with the earthquake and subsequent radiation problem, the...

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    IT MAY be Singapore’s most expensive suburban condo, but more than 100 units of CapitaLand’s Moshe Safdie-designed Sky Habitat in Bishan were snapped up on the first weekend of its launch.

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    AFTER more than 20 years, the unprecedented plan to retrofit ageing public housing estates will draw to a close.

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    THERE is confusion in property circles about how the new stamp duty will be applied to certain types of real estate.

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    Sky-high home prices and a slew of cooling measures have heightened the risk of investing in residential properties, leaving investors unsure as to what their next step should be.

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    Hong Kong – For someone who describes himself as “a lefty do-gooder” who has avoided “doing rich guys’ houses” all his life, Frank Gehry sure has changed his spots.

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    A LAST-DITCH attempt by the master tenant of an arts enclave in Mount Sophia for yet another lease extension was turned down last month.

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    THE extra taxes recently imposed on home buyers here may have helped put a lid on the hot property market, but some areas continue to be popular and have even seen an increase in sales among...

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    NEW high-end homes are proving hard to shift, but the resale market is in far better shape, according to data from consultancy Jones Lang LaSalle (JLL).

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    HOUSEWIFE Alice Teo is still waiting for work to install new lifts in her Housing Board block to be completed, after it was picked for the Lift Upgrading Programme (LUP) in 2009.

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    A TOP official of investment firm Temasek Holdings, Mr Lee Theng Kiat, is seeking to wind up Primus Ventures (Singapore) over unpaid rent on a house.

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    MACAU: United States billionaire Sheldon Adelson is preparing for a global expansion drive, with plans to spend US$35 billion (S$44 billion) on a mini-Las Vegas strip in Spain and a new US$5 billion...

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    LEASING activity weakened in the office market over the first three months of the year but there was still plenty of sales action, said a Colliers International report yesterday.

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    AUSTRALIAN property developer Crown International Holdings is poised to start a major marketing push into Asia with buyers across the region being targeted.

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    A CONSORTIUM of small developers and builders has snapped up McDonald’s Place at King Albert Park for $150 million, another sign that property players are keen on mixed developments.

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    A FREEHOLD condominium right next to the Istana is up for collective sale at an asking price nearly $200 million under the level the owners aimed for in 2007.

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    MILLENNIUM & Copthorne Hotels (M&C) plans to grow its footprint over the next five years – mostly through management contracts – with a pipeline of 30 hotels, largely in Asia and the Middle East.

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Property Transactions

Contract Dates District
April 18 and April 24, 2012 Selected , 1 To 24
April 11 and April 17, 2012 Selected , 1 To 28
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Local

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Overseas

  • Gehry homes in on HK

    Hong Kong – For someone who describes himself as “a lefty do-gooder” who has avoided “doing rich guys’ houses” all his life...
  • Fewer foreigners buying in the suburbs

    THE extra taxes recently imposed on home buyers here may have helped put a lid on the hot property market, but some areas continue to be...
  • China's home sales drop 18% in 1st quarter

    SHANGHAI: China’s first-quarter home sales fell 18 per cent, as the government reiterated it will maintain curbs on the property market.
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Commercial / Industrial

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