Justin Loh Singapore Real Estate

November 2007 - Posts

• Singapore Property News Brief 23rd Nov 2007

  4 office floors at The Arcade put up for sale Almost 18% of The Arcade at Raffles Place comprising four floors have been put up for sale through an expression of interest exercise, and the indicative price range is between $80 million and $90 million. Read More... Posted Saturday, November 24, 2007 1:32 PM by Justin Loh | 0 Comments

• Singapore Property News Brief 22nd Nov 2007

  S'pore has fastest growing prime office rents in the world: Report Prime office rents have grown faster in Singapore than anywhere else in the world over the past year. The rate of increase beat even that in Mumbai, now the world's second most Read More... Posted Saturday, November 24, 2007 1:30 PM by Justin Loh | 0 Comments

• Singapore Property News Brief 21st Nov 2007

  En bloc millionaires to drive market Around 5,700 homes were sold through collective sales in the first half of this year and the home owners who will have to look for replacement homes are expected to drive the property market. A report by Savills Singapore Read More... Posted Saturday, November 24, 2007 1:29 PM by Justin Loh | 0 Comments

• Singapore Property News Brief 20th Nov 2007

  MTI raises '08 forecast for "hotter" economy In a somewhat unusual move, it has upped the 2008 growth forecast by half a point to 4.5-6.5%. For 2007, with the year's growth pretty much in the bag, MTI has narrowed the forecast to 7.5-8%. Read More... Posted Saturday, November 24, 2007 1:27 PM by Justin Loh | 0 Comments

• Singapore Property News Brief 19th Nov 2007

  S'pore needs to slow growth: economists While Singapore's underlying growth potential has risen in recent years, the economy will be fully stretched at the seams if it continues to grow between 7 and 8%, as it has on average between 2004 and 2007. Read More... Posted Saturday, November 24, 2007 1:25 PM by Justin Loh | 0 Comments

• Singapore Property News Brief 17th Nov 2007

  Newly-weds who find it hard to get a flat amid buoyant property market are putting off their weddings As property prices rise, some newly wed couples are postponing their traditional ceremonies while they wait for a new Housing Board flat. Many have been Read More... Posted Saturday, November 24, 2007 1:22 PM by Justin Loh | 0 Comments

• Singapore Property News Brief 7th Nov 07

  7th Nov 2007 Tampines office site attacts just one bid A tender for a transitional office site in Tampines yesterday drew just one bid – from CDL’s unit Glades Properties. And its bid of $10 million, which works out to $80.65 psf ppr was lower Read More... Posted Friday, November 09, 2007 10:18 AM by Justin Loh | 0 Comments

• Singapore Property News Brief 6th Nov 07

  6th Nov 2007 Lehman’s big office signals big plans for Singapore The bulge bracket Wall Street firm is determined to ride the strong wave of investment and growth in the region, and has plans to sell services to the burgeoning fund management industry Read More... Posted Friday, November 09, 2007 10:17 AM by Justin Loh | 0 Comments

• Singapore Property News Brief 5th Nov 07

  S'pore tops in job creation: study According to a study by IBM Consulting Services, Singapore created 598 jobs per 100,000 last year, making it the top-ranked country in terms of job creation productivity, far ahead of even the second-place Czech Read More... Posted Friday, November 09, 2007 10:13 AM by Justin Loh | 0 Comments

• Singapore Property News Brief 3rd Nov 07

  Toa Payoh condo site available for application under reserve list The Housing & Development Board has made a 99-year leasehold condo site at the corner of Lorong 2/3 Toa Payoh available for application under the reserve list. The 1.4 hectare plot Read More... Posted Friday, November 09, 2007 10:12 AM by Justin Loh | 0 Comments

• Singapore Property News Brief 2nd Nov 07

  Life after deferred payments starts with just 2 bids for site behind Icon In a sign that developers are turning cautious after the withdrawal of the deferred payment scheme, a state tender for a 99-year residential site at Enggor St behind the Icon development Read More... Posted Friday, November 09, 2007 10:09 AM by Justin Loh | 0 Comments

• Singapore Property Market News In Brief 1st Nov 07

  Banks lend big for property and share investments Bank loans to the property sector in September grew at the fastest annual pace in nearly eight years, according to new data released yesterday. Meanwhile, lending by banks to individuals to buy shares Read More... Posted Friday, November 02, 2007 11:00 AM by Justin Loh | 0 Comments

• Singapore Property Market News In Brief 31st Oct 07

  Acer Building in Jurong for sale Acer Computer International is selling its building at International Business Park in Jurong East. The property is said to be worth about $75-80 million, or $337 to $360 psf of NLA. The property, a high-tech business park Read More... Posted Friday, November 02, 2007 10:58 AM by Justin Loh | 0 Comments

• Singapore Property Market News In Brief 30th Oct 07

  PM Lee pledges further action on property if necessary PM Lee said yesterday said the government will continue to monitor property market trends closely and take further action if necessary. He stressed that the government is committed to keeping housing Read More... Posted Friday, November 02, 2007 10:55 AM by Justin Loh | 0 Comments

• Singapore Property Market News In Brief 29th Oct 07

  Exit of deferred payments not a fatal blow: Goldman The withdrawal of the deferred payment scheme (DPS) for property purchases may quell demand in the short term, but will not deal a fatal blow to Singapore's residential market, says Goldman Sachs. Read More... Posted Friday, November 02, 2007 10:54 AM by Justin Loh | 0 Comments

• Singapore Property Market News In Brief 27th Oct 07

  Property prices rise in Q3 but more supply is coming The URA continues to signal that there is sufficient supply in all sectors of the Singapore real estate market as property prices and rents continued to scale upwards in the third quarter – even Read More... Posted Friday, November 02, 2007 10:48 AM by Justin Loh | 0 Comments