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  • southside 10:49 am on May 19, 2016 Permalink | Reply  

    Sales programme and a developer has perpetrated a minimum bid for the improvement. 

    It is under reserve list of the Government Land Sales programme and a developer has perpetrated the absolute minimum play for the development. The absolute amount of bids received for the bid is 1 1 and this suggests that there are great forestwood residences curiosity about the plum website despite market conditions. Analysts note the developers are eager to shore up their property banks because of the fact that there are now less sites accessible for sale and thus this parcel managed to assemble many interest among the developers.

    Plans are under way for the landscape building of Forestwood Residences condominium which includes a tennis court for some quality time with the household as well as a swimming pool for the occupants to relax. There are also plans to include both an indoor and outdoor fitness center.

  • southside 11:33 am on May 18, 2016 Permalink | Reply  

    $14m given for five research projects 

    The Ministry of National Development and the National Research Foundation have awarded $14 million in financing to five research projects, out of the 26 white papers submitted for the second call for proposals under the Land and Liveability National Innovation Challenge (L2 NIC).

    “The granted projects presented opportunities to use technology push the frontier of possibilities for future development of living spaces, in addition to to improve the living environment for Singaporeans,” both agencies said in a joint statement.

    Specifically, its aims are to improve the cost effectiveness of developments that are belowground by 50 percent, as well as enhance human comfort and well-being in urban areas by reducing ambient temperature by 4°C and ambient sound by 10dBA.

    The five research projects that received funding included a proposed study by Nanyang The Clement Canopy Technological University’s (NTU) Assistant Professor Wan Man Pun to develop cool surface substances, which can help lower the heat on buildings and road surfaces.

    A project by Lee Fook Hou, Associate Professor from the National University of Singapore (NUS), includes developing a prototype gear to slash the construction costs of underground developments by empowering direct injection of cement into soft ground around corners and obstructions.

    NUS Associate Professor Ho Ghim Wei means to create a nanocomposite material for buildings that can transform heat and help purify the air.

    Another suggested study by NTU’s Professor Chu Jian plans to develop a web-based three dimensional geological and geotechnical data modelling and management system, to reduce construction cost and increase productivity for future developments that are subterranean.

    NTU Associate Professor Gan Woon Seng plans to create a software system that can simulate noise and how it’s influenced by the environment. By these means, he trusts to develop soundscape hiding techniques to reduce the effect of loud noises.

  • southside 4:20 pm on May 5, 2016 Permalink | Reply  

    Luxurious residence hunting takes to the skies 

    There is certainly a fresh means to go luxury house hunting.

    We do’t do it for just anyone – they have to be very well-certified,” stated Gwen Banta, a Los Angeles-based luxury broker, who has flown customers over US$16 million dwellings and US$11 million in Southern California. “You get that view and they’re in love with the area before they ever contact earth and come in over the lake.”

    Sol AcresLake GrandePrincipal GardenNorth Park ResidencesHighline ResidencesThe CrestSims Urban OasisBelgravia Villas

    “To supply something that a person that was genuinely wealthy would appreciate isn’t a simple move to make,” mentioned Chief Executive Officer of Jameson Sotheby’, Chris Feurer s International Realty in Chicago.

    But how much do these chopper tours cost? Well, if you’re lucky, your broker will foot the bill. Many brokers who offer chopper screenings catered lunches for clients included in the package and provide sightseeing tours.

    So that you can plan the perfect screening, aviators and agents strategise in advance to make sure everything goes smoothly. The pilot neighbourhoods the representative wants to show and will remove the coordinates of the houses, and pops up with a flight plan accordingly.

    Some aviators are now getting their property licences and have taken advantage of the tendency. This permits them earn commissions on sales instead of only fees and to cut out the middle man. Of course, you’ll have to determine if you really want the person flying the helicopter to also close your real estate transaction.

  • southside 9:58 am on May 3, 2016 Permalink | Reply  

    Singapore stays most alluring for infrastructure investment 

    Singapore has kept its position as most attractive market is ’sed by the world for infrastructure investment, based on the third edition of the Global Infrastructure Expense Index, published consultancy firm Arcadis and by global design.

    The citystate ranked highly across business, danger, infrastructure and financial indicators, and despite a somewhat lower score for economic variables, a strong overall economic environment is maintained by it.

    Several huge projects have been planned like the growth of Changi Airport through the building of a terminal, for conveyance and health care.

    “In the region all together, there’s clearly a lot of public and societal requirement for new infrastructure. There are an entire host of project ideas and strategies out there, but they are not investible or bankable enough, which is the basic issue,” mentioned Graham Kean, Head of Client Development at Arcadis Asia.

    Currently, Singapore invests around five percent of its gross domestic product in infrastructure (US$20 billion in 2015), and this also continues to grow. By 20 20, it aims to commit six percent of GDP (US$30 billion).

    Elsewhere Malaysia climbed to fifth spot in the standings. Its strong economic performance and continued long term investment in infrastructure, for example the capital’s metro system, have created the marketplace attractive for investment.

    However, there are several dangers of investing there, including its currency depreciation against the dollar and a high-profile corruption scandal that’s delayed some projects.

    In terms of economical score, China was first among the 41 countries analysed, yet higher hazard environment and its less appealing business conditions saw it ranked 17th on queens peak condo the index.

    “The important to unlocking investments in the region hinges on producing the projects bankable, an area which we have been supporting,” he added.

  • southside 5:57 am on April 21, 2016 Permalink | Reply  

    Developer reach with S$2 .7mil in extension charges 

    CapitaLand had had to spend $2.7 million to extend its New Launches Singapore deadline to market the remaining units at The Interlace.

    This calculates to S$21,000 per unit or S$7 psf, documented TODAYonline.

    Originally, the remaining flats at the 1,040-unit condominium on Depot Street should have been disposed by 13 March, but because spending the months. have another costs properties there’s to be sold New Launch Property by, CapitaLand’s deadline to sell been

    Last month, Property Developers’ Organization of Singapore (REDAS) President Augustine Tan estimated that developers in Singapore could bear nearly S$100 million in extension fees for failing to sell their remaining stock in 2016.

    In its latest earnings report, CapitaLand revealed that it’s identified buyers for 8 9 percent of the units it’s launched to date, adding that the 55-unit The Nassim at Nassim Hill and the 109-unit Victoria Park Villas in Victoria Park Road are set to be unveiled in H 1 2016. Its Cairnhill Nine development also posted healthy sales, with 193 from the 268 units changing hands as of last Thursday (14 April).

    However, the developer moved 222 residential units with a combined worth S$506 million in the city-state throughout the period under review, up in the S$197 million it earned for marketing 69 units a year past.

    Another cause for the lower revenue is the absence of good value increase of S$59.6 million arising from the usage change of Ascott Heng Shan Shanghai in Q1 2015. But the fall in revenue was partly offset by greater contributions from sales in China, together with rents at its serviced residence business and CapitaGreen.

    Despite the drop in earnings, CapitLand’s net income after taxation and minority pursuits (PATMI) soared by 35.4 percent yr-on-year to S$218.3 million in Q1 2016, thanks to the divestment of a property in China, Somerset ZhongGuanCun Beijing.

  • southside 4:27 am on April 15, 2016 Permalink | Reply  

    The 145ha Tarraleah hamlet has brought prospective buyers… 

    The 145ha Tarraleah hamlet has brought prospective buyers from Australia, China, Hong Kong and Singapore late last week since it was recorded in the marketplace, said John Blacklow, among the brokers marketing the property.

    Situated in the state’s Central Highlands, the village was initially built in 1930s and the 1920s to house 2,000 hydroelectric workers. After the dams and power plants servicing southern Tasmania became automated, but the facility fell into disuse.

    Afterwards, property developer Julian Homer bought the whole hamlet which had become dilapidated, and fixed the art-deco buildings before transforming it into a tourism-focused complex.

    Additionally included in the sale are a lake full of fish and 35 Highland cattle, dozens of homes, that includes Parc Riviera

    “Now it’s prepared for an operator to really take over and continue the operations as a tourism village,” he said, including the property generates a yearly revenue of A$2.1 million (S$2.19 million).

    Guests can play golf, explore the bush, capture salmon and trout in the lake, drink at a pub and relax in bungalows, while enjoying the business of the native animals such as wallabies, kangaroos and Tasmanian devils.

    Currently, there are not any full time residents in Tarraleah village, only tourism-related staff, added the advertising brokers.

  • southside 3:11 pm on April 14, 2016 Permalink | Reply  

    Monetary policy eases, to stop Singapore dollar from rising 

    Monetary policy eases, to prevent Singapore dollar from rising
    “This is not a policy to depreciate the domestic currency,” MAS said, adding that it simply removed the small and gradual appreciation route of the Singapore dollar nominal effective exchange rate (S$NEER) policy group that was in place.

    “ the degree at which it’s centred and The width of the policy group is going to be unchanged ,” it included.

    Following the 6.2 percent expansion recorded in Q4 last year, Singapore’s economy delayed in Q1 and read a level growth on a quarter-on-quarter seasonally adjusted annualised basis, the sophisticated estimates by the Ministry of Trade and Industry shown.

    Meanwhile, MAS Core Inflation has additionally been subdued.

    According to MAS, than envisaged in the October policy review, the Singapore economy is projected to enlarge at a modest rate in 2016. MAS Core Inflation also needs to pick up more gradually over the course of 2016 than formerly expected, and is currently likely to drop below 2 percent on average within the medium term.” Check this out Treasure Crest aka Treasure Crest EC

    It added the move into a neutral policy position of zero percent admiration follows the measured steps the central bank has taken to decrease the rate of appreciation of the policy band in October 2015 and January respectively.

    “The genuine results of S$NEER movements since October 2015 over the six months has been a zero percent appreciation compared to the preceding six-month span it said. “The cumulative effects of past S$NEER movements and the new policy path will continue to make sure price stability over the medium term,” it added.

    Following the announcement, the Singapore dollar weakened 0.9 percent to $1.36 degrees to the US dollar—its poorest since March 29.

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