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What recession? Industrial property is up for something else

Policies on hiring foreign workers need a review to further boost the sector, says Global Orion Properties.

What recession? Industrial property is up for something else

Policies on hiring foreign workers need a review to further boost the sector, says Global Orion Properties.

Sales update: The Meyerise is now more than 40% sold

100 out of the 239 units of the high-end free development were sold as of yesterday, Sept 12, a source from its property developer Hong Leong said.

SJ Capital’s Jool Suites is slow to sell remaining units

The shoebox apartment at Farrer Park is already previewing for more than six weeks but still has 9 out of its 52 units unsold.

Global Orion unveils second residential project

After the The Viridian at Balestier comes the Naung Residence at Hougang.

“Hungry” developers to launch new condos

Some have already started launching projects post-Hungry Ghost festival and more are coming on stream for September.

Hoi Hup’s Arc @ Tampines oversubscribed

The 574-unit executive condo has about 3 applications to 1 unit, estimates ECG Property.

Is StarHub phasing out its unlimited data plans too?

M1 is phasing out its unlimited data plans but StarHub is quick to end speculation that it will follow suit, at least not soon.

Tender for condo site at Punggol reflects developer cautiousness

The $323 psf ppr reported top bid for the land parcel released in June is similar to the top bids received by some executive condominium sites last year and in the first half of 2011, says an expert.

Sorry SMRT but you’ve just lost millions to ComfortDelGro

Although an actual yield projection is not yet determined, the Down Town Line (DTL) could achieve a shorter breakeven period and ramp up ridership faster as compared to the North East Line (NEL) and Circle Line (CCL), says CIMB.

Four newly released residential sites to receive ‘so-so’ bids

Developers are on the whole increasingly cautious and realistic as there is no urgency to acquire land since the majority had re-stocked their land inventory in the past 1.5 years, says an analyst.

IT Savvy: Retailers intensify investments in technology

Retail IT spending in Singapore is estimated to grow by 5.8% y-o-y to $163.21 million in 2011 or far above the compound annual growth rate of approximately 4%, says a research firm.

Home buyers defy hungry ghost taboo

If I like it then I will buy it; Who cares about your superstitions anyway?

Singapore banks may be vulnerable to external shocks amid looming recession

But, there remain various reasons to assure investors that Singapore banks are likely safe in the event of a global economic slowdown.

FEO’s euHabitat drives away hungry ghosts

The 748-unit development at Jalan Eunos is now nearly half sold as it continues to buck the traditionally slower sales during the “hungry ghosts” month.

‘societal sophistication’ drives home sales

Homebuyers will be very cautious but the satire interest of buying remains primarily due to ego, societal pressure or even therapeutic reasons, says an expert.

Desktops ain't gonna say goodbye

The overall desktop PC market is gasping but remains alive.

Don’t be misled: The reported 57.4% growth in private residential units launched in July is a bluff

The 2,541 units released in July might be seen as bullish developer sale sentiments for private homes as this number was exceptionally high but the stats are misleading at face value, cautioned an expert.