Browsing All Posts published on »June 16th, 2012«

Industrial Reits not affected by new rules

June 16, 2012

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THE new rules to cool the industrial property sector will have little impact on the business performance or distribution yields of industrial real estate investment trusts (Reits), say analysts. The rules apply only to new developments, so Reits will not be affected if they acquire existing properties or buy assets overseas. Under the changes announced […]

‘Sky Habitat effect’ lifts sales in other estates

June 16, 2012

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INCREASING numbers of buyers are turning their interest back to some housing projects that seemed to have run out of puff, thanks to what some agents are calling the Sky Habitat effect. Sky Habitat is the CapitaLand’s 509-unit project in Bishan Central that grabbed headlines in mid-April with record high prices of about $1,700 per […]

Sharp fall in Sentosa Cove home sales

June 16, 2012

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ONCE a hot spot for well-heeled home hunters, Sentosa Cove seems to have lost a bit of its lustre amid sluggish sales and a general slowdown in the luxury home sector. Property consultants attribute the change in mood to the lack of new launches on Sentosa, attractive deals elsewhere and foreign buyers being deterred by […]

New private home sales plunge 32%

June 16, 2012

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NEW private home sales here took a breather last month with only 1,702 units sold – the lowest monthly figure so far this year. Developers held back on large new suburban launches last month after rolling out some high-profile major projects earlier in the year. The last time sales fell more sharply was last December […]

Far East woos buyers with ‘special discounts’

June 16, 2012

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HOME buyers considering properties by Far East Organization might get to enjoy a small discount as the developer celebrates its solid sales record this year. It said it is offering celebratory discounts ranging from 1 to 3 per cent for several projects, including euHabitat, this month. Setting a new sales record of 2,200 units in […]

Focus on goals of your investments

June 16, 2012

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THE temptation to succumb to fear and sell assets may be strong as bad news about Europe and China hogs headlines. But Mark McCombe, BlackRock’s Asia Pacific chairman, says investors should keep their eyes focused on their goals or the “outcome” that they seek from investments. They should also take heart that increasing longevity is […]