a) Chai Chee-B43 Master rm f/f for rent.Prefer female single professionals.$750 (inclusive pub).Near amenities,mrt,supermart.b) Toa Payoh/Bradell -B220 Common rm for rent f/f. Prefer single male/female professional.$550 (incl. of pub) Near amenities.Call 96943619/92995816 for viewing.
Common room furnished with full facility and cooking allowed.Only 6 mins walk to mrt.Prefer single chinese professional. No owner. Pub bill shared among tenants.Bigger room @$1250- 2 pax. Check up my listings.
"A total of 1,113 complains were lodged against real estate industry last year. Many said agents misled them and failed to honour promises". .....reported The Straits Times, Saturday, 19 April, 2008. Hence, buyers and sellers ensure you engage the agent with a credible background. Also, those who are planning to become Real Estate professionals - choose the correct mentor. View me on my blog - http://realestateprofessional-joeheng.blog.spot.com and make your correct decision Cheersjoe
More PRs snapping up private homes Thursday, September 11, 2008 Their share in pool of foreign buyers is rising after turmoil in global markets The proportion of permanent residents (PRs) in the pool of foreign buyers of private homes here has been rising since the third quarter of 2007, when the US sub-prime crisis struck, according to DTZ’s analysis of caveats data from Urban Redevelopment Authority’s Realis system. Correspondingly, non-PR foreigners have seen their share of this pool decline from 54 per cent in Q3 2007 to 46 per cent in Q2 this year. One explanation could be that PRs are more likely to buy Singapore homes for their own occupation whereas non-PR foreigners may be more inclined to buy for investment and would hence tend to become increasingly cautious amidst the volatile global financial markets. DTZ senior director (research) Chua Chor Hoon expects the trend to continue in the coming months given the global economic uncertainty. The property consultancy’s analysis showed that PRs made up 54 per cent of the total number of 913 private-home purchases by foreigners in Q2 this year captured by Realis as at early August. This was up from a 51 per cent share in Q1, which in turn was higher than 47 per cent and 46 per cent shares in the fourth and third quarters of last year respectively. Foreigners (including PRs) bought a total 913 private homes here in Q2 2008, up 3 per cent from the preceding quarter. Malaysians overtook Indonesians as the top foreign buyers of private homes in Singapore in the second quarter. Malaysians accounted for 19 per cent (172 transactions) of the overall purchases by foreigners (including PRs), followed by a 17 per cent share for Indonesians. China and India citizens each accounted for 11 per cent of foreign buyers while UK buyers had a 9 per cent share. Projects which received more foreign interest in Q2 include The Lakeshore in Jurong, Vutton at Akyab Road and Nassim Park Residences. Foreigners (including PRs) made up 44 per cent of the 55 units sold at The Lakeshore, and about two-thirds of the 11 units sold at Scotts Square and nine units sold at Martin Place Residences. ‘The Indonesians favour prime districts 9 and 10. District 15 is popular with all the five major nationalities because it offers sea views, easy access to the airport and city, and is a popular residential area even with the locals with its attractive amenities. ‘The Chinese, Malaysians and Brits also buy into the west. This could be due to the proximity to the Science Park, industrial estates and National University of Singapore,’ Ms Chua said. Source : Business Times - 11 Sept 2008
MARINA BAY FINANCIAL CENTRE Thursday, September 11, 2008 Over 65% of Phase 1 leased out BHP Billiton and Macquarie take up total of more than 216,000 sq ft The first phase of Marina Bay Financial Centre is 65.6 per cent pre-leased, almost two years ahead of its completion in Q2 2010. Two big names from Australia, BHP Billiton and Macquarie Group, are among the latest tenants announced by the consortium developing the mega project. The BHP Billiton deal confirms a BT story last month. The resources giant will lease 142,000 sq ft on levels 44 to 50 of MBFC’s Tower 2 under the project’s first phase, while Macquarie will take more than 74,000 sq ft on levels 16 to 18 of the same tower. Both tenancies are for 10 years, with options for renewal and expansion. Murex Southeast Asia, which is involved in software development for trading, risk management and processing, has leased about 25,000 sq ft on level 19 of Tower 2 under a six-year tenancy agreement. With the latest signings, the total 2.92 million sq ft of Grade A office space in both phases of the MBFC development is 61 per cent pre-committed. The project is a symbol of Singapore’s ambition to be a leading financial centre. The office component of MBFC’s Phase 1 comprises Tower 1, fully let and anchored by Standard Chartered Bank, and Tower 2, which is now 45 per cent pre-leased. The second phase, slated for completion in Q2 2012, consists of Tower 3, which is 55 per cent pre-committed and anchored by DBS Bank with a 700,000 sq ft lease. MBFC marketing agent CB Richard Ellis’s executive director Moray Armstrong said that while overall office leasing momentum in Singapore has eased in the past few months, the latest signings at MBFC are ‘a good indicator that demand for quality office space remains in positive territory’. ‘There is, of course, some caution among occupiers, but across the majority of our client base we sense there is underlying confidence in Singapore’s relative position,’ he said. The MBFC project also includes two residential developments and 119,000 sq ft of retail space. The project is being developed by a consortium comprising Hongkong Land, Keppel Land and Li Ka-shing’s Cheung Kong (Holdings)/ Hutchison Whampoa. Source : Business Times - 11 Sept 2008
Ease of doing business: Singapore is still No. 1 Thursday, September 11, 2008 Singapore is tops for the third straight year globally in the ease of doing business, thanks to continual regulatory reforms, a survey by the World Bank and International Finance Corporation (IFC) shows. New Zealand is a close runner-up, followed by the United States, Hong Kong and Denmark. The top five companies have all retained their positions from last year. The Doing Business 2009 report noted that Singapore has undertaken reforms in starting a business and dealing with construction permits. It simplified the online process for business start-ups, cutting the time required by a day, and fast-tracked the process for giving out construction permits from 102 days to 38. The survey ranks 181 economies based on 10 indicators of business regulation that track the time and cost to start and operate a business, trade across borders, pay taxes and close a business. The rankings do not reflect areas such as macroeconomic policy, quality of infrastructure, currency volatility, investor perceptions or crime rates. A record number of 239 reforms were identified between June 2007 and June 2008 that make it easier to do business in 113 economies. Eastern Europe and Central Asia led the world in reforms for a fifth straight year, with over 90 per cent of its countries making reforms. Africa also had a record year for regulatory reforms, with 28 countries completing 58 reforms - more than in any other year. East Asia and the Pacific saw the biggest pick-up in the pace of reforms among regions this year. Two-thirds of its economies introduced reforms, up from less than half last year. Some 26 reforms were identified in 24 countries across the region between June 2007 and June 2008. ‘Countries in the region are clearly committed to reform agendas,’ said Dahlia Khalifa, a co-author of the report. ‘Regardless of their stage of economic development, they are recognising the role that regulatory reform can play in staying competition while boosting entrepreneurship and job creation,’ she added. Among the world’s largest emerging markets, China led with reforms that make it easier to obtain credit by expanding the range of assets that can be used as collateral, to pay taxes and enforce contracts, and retained its 83rd position. Brazil and India both eased trade processes. In a teleconference yesterday, Sylvia Solf, programme manager of the survey, told reporters that the top 10 rankings were little changed as countries that make the list continually press for reforms as they seek to enter new markets, free trade agreements as well as to achieve cost efficiencies. Seven Organisation for Economic Co-operation and Development (OECD) high-income economies, including Canada, Greece, Hungary and Portugal, made regulatory reforms this year. Ms Solf noted that these high-income economies recognise that red tape remains an issue and are seeking ways to cut it. Source : Business Times - 11 Sept 2008
17 Reasons Why Investor should BUY Property by 2010 Here I would like to take the opportunity to give 17 good reasons why investor or home buyers should invest a property by year 2010. Though there are lots downside sentiments all around, we still hold strong faith and beliefs that with the combination of these reasons and Singapore strong economic foothold, all investors and home buyers should get a good profit by the year 2011 or earlier. You got to come in early, as 2010 is nearing, prices will be rising as well.1) Sovereign Wealth - GIC & Temasek with $215 billion and $108 billion respectively in assets under management, Total $323billion2) Formula 1 - First night racing in the world. Will attract thousands of tourist all across the world to come to Singapore. Singapore will be the eyes of the world during this period.3) Double the size of Financial District - Singapore plans to double the size of its financial district as part of its strategy to emerge as one of Asia's leading financial centre. The new growth area will be more than twice the size of London's >Canary Wharf and provide 2.8 million square meter of office space, the equivalent of Hong Kong's main central district, said the Urban Redevelopment Authority4) Biofuel investment - comprehensive ecosystem contributing almost 5 per cent of our GDP, world largest Biodiesel plant building in Singapore.5) Biomedical - home to global biomedical players, country with global connectivity, world-class infrastructure and government support, magnet for international talents, centre of vibrant research - the compelling hub for biomedical sciences in Asia. Current output $23 billion.6) Integrated Resort - enhance position as a leading destination for Meetings, Incentives, Conventions and Exhibitions (MICE).7) Hedge against high Inflation of 6.6% - Property investment is the best way to hedge against inflation. Cash Rich Individual should invest to prevent losses. Low mortgage interest loan of 3%8) Education Hub - launched its World-Class University programme to attract up to 10 world-class institutions9) Youth Olympic - First to host the world's first Youth Olympic Games in 2010, a boom to Singapore's construction business and tourism receipts.10) Medical Hub - leading medical destinations and expects to receive about 1 million international healthcare visitors by 2012, estimate $4 billion medical tourism receipts11) Excellent Infrastructure - $23.5 billion investment on MRT and expressways to accommodate more foreigners and also achieving to become a world class city.12) Population increase to 6.5mil by 2050 - Average 43,000 new population against average 25,000 new private homes yearly, thus the demand for properties.13) MICE ( Meetings, Incentives, Conventions and Exhibitions) - key drivers of tourism in Singapore, with visitor arrivals constituting approximately 28 per cent of total visitor arrivals and 35 per cent of total tourism receipts or SGD 4 billion in 200614) Aerospace Hub - Fastest growing industries, with 2005 registering a record output of S$5.2 billion (US$3.2 billion), a 17 per cent increase over 2004.15) Remove of Estate Duty - encourage wealthy individuals from all over Asia to bring their assets into Singapore, thus supporting the growth of the wealth management industry16) Premium Art Center with Asia's Leading Auction Houses - Singapore aim to be the auction hub of Asia and housekeeping for all expensive art pieces, thus supporting growth and bringing more investors into Singapore17) Tourism Expansion – More world class places of interest will be opening up in Singapore make the city the place for fun and play – SpacePort is one of the upcoming attraction, thus encouraging tourism.In 1980s, property prices grow due to Manufacturing and Trading In 1990s property prices grows further due to IT industry and Shipping, In 2000s we have Foreign talents, Financial Sector and Tourism - property prices still continues to growSo in 2010s? Today, we Have a Strong 17 reason that will boost property prices to a solid new height and it is coming… can you see!!!…
Studio master room available in 1+1 or 1+1+1 kitchen with full furnishednear Bedok mrt.Rental between $1400-$2100 depending on size.Suitable for professionals/Expat.
354 Hougang Ave 7 for Ladies-No Air Con-Chinese owner-from $450 645 Hougang Ave 8 for Ladies-Air Con-Chinese owner-$600 Pearl 93661691
Blk 195E Punggol: Master BR - Fully furnished, lighting cooking, prefers couples or ladies. IMMEDIATE! Only $700 Please call: Andrew 81800223 Blk 178 Punggol: Common Room - Fully furnished, lighting cooking, prefers couples or ladies. IMMEDIATE! Only $450 Please call: Andrew 81800223 Blk 843 Woodlands: common room - fully furnished, prefers ladies. Only $600 Please call: Andrew 81800223 Blk 546 Woodlands: Common Room - Fully furnished, no cooking, no aircon. Prefers couples or ladies. IMMEDIATE! Only $500 Please call: Andrew 81800223 Blk 695B Woodlands: Common Room – Fully furnished with aircon. Single lady only. $650. Please call: Alan 91805303 Blk 275 Bukit Batok: Master & Common Room - Newly renovated, unfurnished, immediate. $600 up. Please call: Andrew 81800223 Blk 588c Sembawang: Whole unit, 5room unit with only 2 big rooms. Fully furnished! only $2200 neg. Please call: Andrew 81800223 Blk 289 Tampines: Whole unit, 3+1, Fully furnished, with aircon, End of August; $2200 nego. Please call: Andrew 81800223
Designer master room near mrt/foodcourt/restaurant.Prefer professionals.Rental $1.5k nego
Common room furnished near mrt .Prefer Single female Chinese tenant.Immediate!
Full furnished with aircon near pearl centre/mrt/chinatown.Quiet and convenient place. Staying with christian young couples.Prefer professionals 1-2 pax.Available 1st aug
Full furnished with aircon near lavender mrt.Prefer professionals.
Common room furnished near yishun mrt/North pt.Immediate!Prefer 1 female chinese tenant. Rental $450Staying with young couples.
DEAR EXPATRIATES APPROVED 3+1 BLK 131 BEDOK RESERVOIR. LIFT LEVEL. NEWLY RENOVATED. FULLY FURNISHED AS GOOD AS NEW WITH 3 NEW ROOMS AIRCOND.NEAR AMENITIES. NEAR BEDOK / EUNOS MRT. PREFER FAMILY.RENTAL @ 2200. AVAILABLE IMMEDIATE. PLEASE CALL 9733-8256 FOR VIEWING
DEAR TENANTS, BASIC FURNISHING. UPGRADED CORNER UNIT. HIGH FLOOR, LIFT LEVEL. RENTAL @ $1700/.WALKING DISTANCE TO BEDOK INTERCHANGE/MRT. NEAR AMENITIES. AVAILABLE IMMEDIATE.PREFER FAMILY. NO INDIANS. PLEASE CALL 9733-8256 FOR VIEWING.
Studio master room with full furnished /internet access off steven rd. Prefer 2 professionals Tenants.Pub not included.Check my units available at roomsdb.net. Units available in all areas.
Raintree condo 3 +1 @ 1270 sq ft. Asking $950k NegoExclusive condo near Bukit timah Shopping /courtswith full facility. Call me @ 92963837