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

Prices have been slashed by half at Luma, a 75-unit freehold luxury
condominium at River Valley Grove.
Relaunching this weekend, units at Luma are being offered at $1,450 per
square foot, down almost 50 per cent from $2,800 psf when it was first
launched last year.
About 10 units had been sold, mainly in Dubai and Hong Kong.
SISV-Realink data shows [...]

Posted on November 15th, 2008 under Singapore News | . Tags: central, city, district 10, district 9, Luma, new project launch, Orchard, prime district, private property, projects, Property, real estate agent, residential, river valley, Singapore, singapore economy, singapore news, town, world economy, world news. Comments: None

Malay Village area set for a revamp under URA Draft Masterplan 2008
By Imelda Saad, Channel NewsAsia | Posted: 26 May 2008 2007 hrs
SINGAPORE: National Development Minister Mah Bow Tan has unveiled some features of the Malay Village facelift under the URA Draft Master Plan 2008.
In outlining future plans for the Paya Lebar area in [...]

Posted on June 26th, 2008 under Real Estate News, Singapore News | . Tags: real estate, singapore news, Singapore Property. Comments: None

Asian stocks slide on renewed credit crisis, inflation worries
Posted: 03 June 2008 1901 hrs
HONG KONG : Asian stocks slid Tuesday due to fears that high inflation threatened economic growth and following a Wall Street tumble triggered by renewed concerns about the global financial crisis.
Japanese shares ended 1.6 percent lower as concerns about the health of [...]

Posted on June 3rd, 2008 under Singapore News | . Tags: asia economy, singapore business, singapore news, world economy, world news. Comments: None

Singapore Poly students submit ideas to remake Punggol Town
By Chio Su-Mei, Channel NewsAsia | Posted: 03 June 2008 1733 hrs
SINGAPORE: The Housing Development Board (HDB) is tapping on the minds of Singapore Polytechnic (SP) students, to remake Punggol Town. The call for ideas is also extended to the general public.www.hdb.gov.sg.
Gabriel Seah, a landscape and [...]

Posted on June 3rd, 2008 under Real Estate News, Singapore News | . Tags: real estate, singapore news, Singapore Property. Comments: None

Singapore more prepared for infectious disease outbreak
By Hasnita A Majid, Channel NewsAsia | Posted: 31 May 2008 1906 hrs

SINGAPORE: Singapore was declared SARS-free five years ago. Learning from that episode, the country is now more prepared to face an infectious disease outbreak.
Dr Dessmon Tai was in charge of the Intensive Care Unit (ICU) in [...]

Posted on May 31st, 2008 under Singapore News | . Tags: medical, singapore news. Comments: None

Govt to roll out more initiatives to bring innovation to the marketplace
By Imelda Saad, Channel NewsAsia | Posted: 31 May 2008 2117 hrs

SINGAPORE: Expect more initiatives to be rolled out this year to help researchers in Singapore transfer their ideas from paper to marketplace.
Finance Minister Tharman Shanmugaratnam hinted at this when he spoke at [...]

Posted on May 31st, 2008 under Singapore News | . Tags: singapore growth, singapore news. Comments: None

Stretch of CTE between Ang Mo Kio Ave 1 and 3 to be widened
Posted: 30 May 2008 1843 hrs
SINGAPORE : The Land Transport Authority (LTA) will be widening various stretches of the Central Expressway (CTE).
This was announced by LTA when it gave details of the first stretch to be widened - the section from [...]

Posted on May 30th, 2008 under Real Estate News, Singapore News | . Tags: real estate, singapore growth, singapore news. Comments: None

Singapore’s sovereign credit rating remains stable
By Pamela Almeda, Channel NewsAsia | Posted: 30 May 2008 2325 hrs
SINGAPORE: International ratings agency, Moody’s, said it has no immediate plans to review its sovereign credit rating for Singapore as the country has strong credit fundamentals, including robust external assets.
Singapore has the highest triple-A sovereign rating from Moody’s, [...]

Posted on May 30th, 2008 under Singapore Business News, Singapore News | . Tags: singapore business, singapore economy, singapore news. Comments: None