Browsing All Posts published on »August 19th, 2011«

Condo’s buyers list litany of complaints

August 19, 2011

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INVESTORS who bought 53 units at the upmarket condo Grange Infinite in the Orchard Road area have launched a High Court action claiming they are not as luxurious, stylish or elegant as promised. In a litany of complaints, the buyers – a group of investment funds which spent $388 million in all – also say […]

Outwit, outserve, outsource

August 19, 2011

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GOING out on the town in 1970s Singapore meant dining in five-star hotels – an infrequent indulgence as well as a tacit acknowledgement that culinary options beyond the familiar confines of a luxury hotel were somewhat limited. But the dining scene has changed dramatically islandwide, and so have the food and beverage offerings in hotels. […]

Mainlanders go for location, sea view

August 19, 2011

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CHINESE buyers tend to be wealthy investors looking for a blue-chip investment or those looking for a more affordable home, say experts. And like all real estate buyers, the mainland property seekers see location as paramount. Take district 15, which comprises the Marine Parade area. It seems to have caught the eye of mid-end home […]

Private home sales in Q2 rise 21.6%

August 19, 2011

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(SINGAPORE) Sales of private homes rose 21.6 per cent quarter on quarter in Q2 2011 and the number of units bought by mainland Chinese buyers hit a new high, according to a new report from DTZ. The property firm, which analysed caveats lodged for both new and secondary sales, said that the number of transactions […]

Delisted C.K. Tang dangles fresh carrot

August 19, 2011

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INVESTORS who refused to sell their stock when retailer C.K. Tang delisted two years ago now have a far better offer to tempt them to part with their shares. Often such minority shareholders of delisted firms are left with stock they cannot unload for love nor money, while being unable to share in the spoils […]