Justin Loh Singapore Real Estate

August 2008 - Posts

• Singapore Property News Brief 1st Aug 2008

  Job market turns less rosy Singaporeans seeking jobs in the months ahead face the prospect of a slowing labour market due to the shrinking pool of new jobs in manufacturing and services sectors. However, the construction sector show that employment increased Read More... Posted Wednesday, August 06, 2008 12:55 PM by Justin Loh | 0 Comments

• Singapore Property News Brief 31st July 2008

  1,800 flats to go on sale at Dawson estate next year The 50-year-old Dawson estate is set to be transformed with the construction of two striking 40-storey towers, designed by award-winning architects, SCDA Architects and WOHA Architects. The towers, Read More... Posted Wednesday, August 06, 2008 12:53 PM by Justin Loh | 0 Comments

• Singapore Property News Brief 30th July 2008

  Rents falling at most condos URA’s data analysed rents in developments with at least 100 units and that have 10 or more leases each in the first and second quarters this year. Of the 124 projects in this category, 80 - or about 64 % - saw rents Read More... Posted Wednesday, August 06, 2008 12:51 PM by Justin Loh | 0 Comments

• Singapore Property News Brief 29th July 2008

  Lum Chang gets $65m from selling 2 Belmont Lum Chang Holdings has sold all 16 units of its newly refurbished 2 Belmont for a total sum of about $65 million. The price is said to be in the $1,600 to $1,700 psf range. Lum Chang bought the property, formerly Read More... Posted Wednesday, August 06, 2008 12:48 PM by Justin Loh | 0 Comments

• Singapore Property News Brief 28th July 2008

  Record 13,400 homes to be completed next year A bumper crop of newly completed homes will make more apartments available for rent and push down rents. And with lower rents, private home prices may drop further, especially in the prime districts. A massive Read More... Posted Wednesday, August 06, 2008 12:45 PM by Justin Loh | 0 Comments

• Singapore Property News Brief 26th July 2008

  Yishun to get exciting new facilities in facelift. Among them are a library and possibly a shopping complex linked to interchange (Extract) By Francis Chan Published: July 26 2008, The StraitsTimes YISHUN might be showing its age but it is in line for Read More... Posted Wednesday, August 06, 2008 12:34 PM by Justin Loh | 0 Comments

• Singapore Property News Brief 25th July 2008

  MAS expects inflation to start easing Following June's 7.5 per cent pace, MAS has raised - for the third time this year - the official headline consumer price inflation forecast for 2008, by one full point to 6-7%. MAS said the full-year rate will Read More... Posted Wednesday, August 06, 2008 12:27 PM by Justin Loh | 0 Comments

• Singapore Property News Brief 24th July 2008

  Two Singapore office blocks sold for $40m Two small office blocks have been sold for a total of about $40 million or $1,300-plus psf of existing net lettable area (NLA). Both buildings have 999-year leasehold tenure. A Hong Kong investor is believed to Read More... Posted Wednesday, August 06, 2008 12:25 PM by Justin Loh | 0 Comments

• Singapore Property News Brief 23rd July 2008

  More public sector projects put on hold to ease squeeze The government will postpone construction of another $1.7 billion worth of public sector projects as it looks to manage rising construction costs. A total of $4.7 billion worth of public sector construction Read More... Posted Wednesday, August 06, 2008 12:22 PM by Justin Loh | 0 Comments

• Singapore Property News Brief 22nd July 2008

  Condo sales in S'pore hit by bad news from US Two newly released projects sold fewer than 20 units each, as homebuyers' caution deepened after the bad news coming out of the United States. CapitaLand’s Wharf Residence sold just over 10 units. Read More... Posted Wednesday, August 06, 2008 12:19 PM by Justin Loh | 0 Comments

• Singapore Property News Brief 21st July 2008

  Big firms seen posting solid interim results Major Singapore companies are expected to report generally strong second quarter and half year earnings, but there is less optimism that this will hold true for the rest of the year. About 400 companies with Read More... Posted Wednesday, August 06, 2008 12:15 PM by Justin Loh | 0 Comments