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The Ministry of National Development (MND) has unveiled details of its plans for the redevelopment of Geylang Serai, including new plans for the current Malay Village whose lease expires at the end of the year. The move followed Prime Minister Lee Hsien Loong’s announcement of the government’s plans for Geylang Serai in his National Day […]
August 18, 2011
More HDB flats may be on the way but upgraders are increasingly turning to the private property market. According to a report by DTZ Research, there is a rising trend of transactions made by purchasers with public housing (HDB) addresses. These buyers bought about 39 per cent of all private residential homes in Q2 2011, […]
August 18, 2011
A HIGH Court suit is set to be a test case for whether gifts in cash and kind are returnable after a romantic relationship hits the rocks. The suit in question involves gifts ranging from sparkly baubles and tech toys to condominium deposit payments and even investments in the production of music videos. Widower Chan […]
August 18, 2011
ALPHA Core Real Estate Fund, managed by Keppel Land unit Alpha Investment Partners, has put up for sale two office blocks in the CBD through separate expression of interest (EOI) exercises. The two buildings could potentially fetch close to $500 million in total. A spokesman for Alpha said the EOI exercises are in response to […]
August 18, 2011
JAPAN’S Shionogi & Co has made a mandatory unconditional offer, at 50 cents a share, for the remaining 41.83 per cent stake in China-based C&O Pharmaceutical Technology that it and concert parties do not already own. The offer for the remaining stake, with the intention of taking C&O Pharmaceutical private, will cost Shionogi, a Japanese […]
August 18, 2011
BEN Bernanke has begun the next phase of the US Federal Reserve Bank’s currency war on the rest of the world. A renewed bout of US dollar debasement is bad news for Asia and the rest of the global economy. The chances are that the consequent financial instability will ultimately damage confidence, crimp job-creating investment […]
Singapore Real Estate Highlights 
August 18, 2011
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