July18,2010 TrendsinothercitiesshowdemandforluxuryapartmentsinS’poremaygrowyetSingaporehaslongbeenseenasasafeinvestmenthaven–andforeignersarerespondingbysnappinguppropertyacrosstheisland.About23,000non-landedprivatehomeshavebeenboughtbyforeignerssince2007–ofwhichabout35percentarehigh-endhomesindistricts1,2,4,9,10and11–basedontheUrbanRedevelopmentAuthority’s(URA)recordofcaveat...[
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July19,2010 Non-traditionalprimeareashaveemergedasthepropertyboomspreadstothesuburbsForyears,Districts9,10and11–coveringOrchard,Holland,NewtonandBukitTimah–havebeenthemust-haveresidentialareasinSingapore.Butastherecentpropertyboomspreadstothesuburbs,anumberofnewlypopulardistrictshaveemergedoutsidethesetraditionalprimeareas.Developerswithakeeneyesnappeduplandaroundcity-fringelocatio...[
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家父的好榜樣郭炳湘郭炳聯郭炳江三弟兄(圖一)家父郭得勝是新鴻基集團三位創始人之一,生長於貧苦家庭,父母早逝,自小由爺爺撫養。十來歲便到安南(即今越南)謀生,生活艱苦。後來回到廣州和上海工作。戰時南下澳門,與數名友好合股開洋貨店。到了五十年代初期,有鑑於澳門市場太小,便遷往香港發展。我們數兄弟姊妹都生於澳門。在五十年代末算是小康之家[
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July18,2010
Buyingahomeisoneofthebiggestpurchasesyouwillmakeinyourlifetime,soit’simportanttodoyourhomeworkbeforeyouapplyforthatloan.
Prepareinadvance.Youmustpayatleast1percentofthepurchasepriceinexchangeforanoptiontopurchase.Afterthat,youhave14daystodecidewhethertoproceedwiththedealandpaythebalanceof9percentforacompletedpropertyor4percentforoneunderconstruction.Atthispoint,consultamortg...[
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作者:英國《金融時報》首席經濟評論員馬丁•沃爾夫不能從曆史中吸取教訓的人注定還要摔跟頭。這個道理尤其適用於當前這場席卷整個世界的巨大危機。那麽危機背後的教訓是什麽?答案是由信貸推動的房地產周期。美國、英國、西班牙和愛爾蘭的民眾全都成為了土地投機者。這種行為的不良影響毒害了世界經濟。我在1984年買下了倫敦的這幢房子。我估計,以今天的[
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Despitecomplaintsaboutever-risingpropertyprices,someprivatepropertiesarestillvaluedbelowtheiroriginalpurchaseprice.ShinMinDailyreportedthatevenwiththerecentboominthepropertymarket,somecondominiumswhicharemorethan10yearoldarepricedabout20percentcheaperthannewlybuiltones.HomebuyersinSingaporetendtofavourthelatest‘flavour’onthemarket,propertypricesseemtoindicate.Manyofthesepropertieswerebuiltandb...[
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AspostedintheSundayTimesbyJessicaCheam
Thewaitlastednearlyhalfayear.
SinceIexercisedtheoptiontobuymyfirstnewhomesometimelastAugust,IhadeagerlyawaitedthedayIcouldmovein,popopenabottleofchampagneandbaskinthesmellofmyfreshlypaintedwalls.
ThatdayfinallyarrivedjustintimeforNewYear'sDay-thebeginningofawholenewdecade-andIwasunderstandablyexcited.
ButjustbeforeandafterTheBigMove,Iwasbesi...[
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UpperlevelsinsuchmallsalreadydrawinghigherrentsthanequivalentspaceinOrchardandScottsarea,saysDTZ.
Wed,Jul07,2010
TheBusinessTimes ByUMASHANKARI(SINGAPORE)RentsatsuburbanmallsinSingaporearefastcatchingupwiththoseforprimeOrchardRoadretailspaceasneighbourhoodmallsdrawincreasingshoppernumbersandmoreinterestfromtenants.ThedifferencebetweenprimeOrchardRoadrentsandsuburbanrentsnarrowedtoj...[
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Ithasproducedaseriesofundesirableeconomic,socialandevenpoliticalconsequences.
Wed,Jul14,2010
TheBusinessTimes BYLIUYUNHUADURINGthelastdecade,China'shousingbubblehasbeenaseriousconcern.TheaveragehousepriceinbigcitieslikeShanghaiandBeijingisnowover25,000yuan(S$5,100)persquaremetre(bycomparison,theresalepriceofHDBflatsisaround15,000yuanpersquaremetre).Tenyearsago,itwasonlyaround5,000y...[
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Earlierthisyear,todiscourageshort-termspeculativeinvestment,thegovtimposeda1-3%taxonresidentialpropertiessoldwithinoneyearofpurchaseandloweredtheloan-to-valuelimitonprivatehousingloansto80%.
Fri,Jul02,2010
mypaper ByRachelChanPRICESofprivateresidentialpropertieshavecrossedthepeakreachedin1996inthesecondquarter,accordingtoflashestimatesbytheUrbanRedevelopmentAuthority(URA).Theprivat...[
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