Singapore Property and Real Estate News Portal

THERE were some errors in our report, River Valley condo Luma relaunches with prices halved (BT, Nov 14).
The condominium is located at River Valley Grove and not St Thomas Walk. The number of units sold earlier was not 10, but six.
BT also understands that the developer, Novelty Group, purchased the site for around $27 [...]

Posted on November 17th, 2008 under Singapore News | . Tags: asia economy, Banking, Business times, central, city, Clarification, condo, condo for sale, Correction, developer, district 10, district 9, Economy, Financial, Fiscal Year, Growth, inflation, Investment, Investments, land sales, landed property, Luma, Markets, Monetary, new launch property, new project launch, Novelty Group, Orchard, Performance, prime district, private property, projects, property market, real estate, real estate agent, real estate investment, residential, river valley, shares, Singapore, singapore business, singapore economy, singapore growth, singapore investment, singapore news, Singapore Property, Southeast Asia, St Thomas Walk, stock market, town, world economy, world news, world trade. Comments: 2

KUALA LUMPUR - Malaysia’s economy is not expected to fall into recession and its currency could gradually firm over the medium term, the central bank chief was quoted on Saturday as saying.
Economic growth next year would hit the 3.5 per cent official target, with policies in place to contain the fallout from the global [...]

Posted on November 15th, 2008 under Singapore News | . Tags: Analyst, Appreciation, Asia, Bank, central, Crude oil, Currency, DEG, Domestic Economic Growth, Economic, Economy, Foreign Exchange, Growth, inflation, Investment, Kuala Lumpur, Malaysia, Market, Monetary, Negara, Palm Oil, Policy, Recession, RHB, Ringgit, Southeast Asia, The Star, Zeti Akhtar Aziz. Comments: 1

NEW YORK - Merrill Lynch & Co said on Friday that the majority of its best-performing financial advisors will join Bank of America Corp (BOA) when that bank buys Merrill at the end of the year.
More than 6,200 advisors accepted a retention package offered by BOA that was targeted at the top-producing brokers, a spokesman [...]

Posted on November 15th, 2008 under Singapore News | . Tags: Bank of America Corp, BOA, brokers, f inancial advisors, financial crisis, Investment, Investments, Merrill Lynch, New York, price rise, shares, stock market, sub prime crisis, world economy, world news, world trade. Comments: None

JAKARTA - Indonesia’s central bank said on Friday the country’s US$220-billion banking system ‘remains steady and solid’ despite a scare after a small bank failed to settle interbank payments.
However, the monetary authority warned that growth in Southeast Asia’s biggest economy next year will be far less than its forecast of 6.5 per cent in [...]

Posted on November 15th, 2008 under Singapore News | . Tags: asia economy, Bank Indonesia, Banking, Boediono, Economy, Global, Growth, Indonesia, Indonesian, Investment, Investments, Jakarta, Jos Luhukay, Liquidity, Miranda Goeltom, Monetary, PT Bank Artha Graha Tbk, PT Bank Century Tbk, PT Bank Danamon Tbk, Siti Fadjrijah, Southeast Asia, stock market, Strong, world economy, world news, world trade. Comments: None