Singapore Informer

UOL Group has announced plans to take its hotel unit Pan Pacific Hotels Group private. In a filing with the Singapore Exchange, the property development firm controlled by billionaire Wee Cho Yaw said it is offering S$ 2.55 a share to buy shares of the hotel operator that it does not already own. Full News [...]

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PropertyGuru.com.sg By Shabnam Muzammil: Owners of non-landed private homes earned a gross profit of S$ 107 million from quick resales over the five quarters of Q1 2012 to Q1 2013, according to a report from OrangeTee.   It stated that high home prices contributed largely to the profit in this segment, adding that the overall [...]

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PropertyGuru.com.sg By Romesh Navaratnarajah: Prices of completed non-landed private homes rose 0.9 percent in March after a 1.2 percent decline in February, according to the NUS Singapore Residential Price Index (SRPI). The uptrend was primarily due to the 2.2 percent increase in the sub-index for the Central Region last month. This area comprises districts 1 [...]

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Prices of private residential properties rose by 0.6 per cent in the first quarter of 2013. Full News here – Channel NewsAsia Singapore Business News

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PropertyGuru.com.sg By Nikki De Guzman: 2,793 units were sold in March, nearly four times more than the 712 units snapped up in February, according to Knight Frank’s residential bulletin for Q1 2013. It also set a new record-high, surpassing the previous peak of 2,772 units in July 2009. The overall new sales volume for the [...]

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PropertyGuru.com.sg By Romesh Navaratnarajah: Private home prices increased 0.6 percent in the first quarter of 2013, down from the 1.8 percent growth seen previously, according to data released today by the Urban Redevelopment Authority (URA). Growth in non-landed home prices eased across all three market segments with the Rest of Central Region (RCR) posting the [...]

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Non-landed private property owners have earned a total of S$ 107 million in gross profit from reselling their properties after project completion since the first quarter of 2012. This is according to a research report by property agency OrangeTee. Full News here – Channel NewsAsia Singapore Business News

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SINGAPORE: Senior Minister of State for Education, Indranee Rajah, has said government subsidies for private education, if any, should be tied to quality. Ms Indranee made the comments at the first “Our Singapore Conversation” session involving stude… Full News here – xinmsn – Singapore News

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PropertyGuru.com.sg By Shabnam Muzammil: Foreign demand for private homes in Singapore increased 40 percent with 523 units purchased during the first quarter of 2013 compared to the 373 sold during the same period last year, although the figures are still below levels seen before the introduction of the additional buyer’s stamp duty (ABSD) in December [...]

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April 20, 2013 1:11 AM A TWO-YEAR battle over a walkway between two groups of residents came to a head this week when the path was closed.      Full News here – RSS Print – Singapore

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Asia’s largest private cord blood storage facility was opened Thursday in Singapore by Cordlife, which aims to encourage parents to preserve samples of their children’s stem cells. Full News here – Channel NewsAsia Singapore Business News

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April 11, 2013 12:41 AM RESALE prices of non-landed private residential properties edged up in the first quarter, despite fewer transactions taking place, data from the Singapore Real Estate Exchange (SRX) showed.      Full News here – RSS Print – Singapore

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April 11, 2013 2:19 AM Mr Su Tseng-chang, chairman of Taiwan’s Democratic Progressive Party, was in Singapore on Tuesday for a private visit. He caught up with Emeritus Senior Minister Goh Chok Tong and former prime minister Lee Kuan Yew.      Full News here – RSS Print – Singapore

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Jay-Z looks set to buy him and wife Beyonce a £2 million private island in North Abaco, Bahamas, to enable the couple and their 15-month-old daughter to holiday in peace. Full News here – Stomp – Singapore Seen

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April 10, 2013 7:45 PM Resales of non-landed private residential properties rose from 326 in February to 609 in March, according to new data from the Singapore Real Estate Exchange. However, analysts said this could be a seasonal rebound after the quiet Chinese New Year period – which falls in February this year. March’s volume [...]

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