‘Recovery will continue’

8 Jul 2010 | The Straits Times

THE global economic recovery will continue but at a slower rate than in the past two quarters and should avoid sliding back into recession, according to Credit Suisse analysts on Wednesday.

Lee Kuan Yew forecasts no property bubble in Singapore yet

26 June 2010 | Temasek Review

PAP strongman and Singapore’s self-proclaimed “forecaster extraordinarie” Lee Kuan Yew has peered into his “crystal ball” again to dispense his usual “pearls of wisdom” to his hapless subjects.

In his latest “forecast”, Lee said that there is “probably” no bubble in Singapore’s property market at a dinner hosted by the Association of Banks in Singapore.

$36m? Not a problem!
More Chinese nationals buying expensive Singapore property

19 June 2010 | Strait Times
WHEN real estate agent Jasmine Png told her Chinese national client that the Sentosa Cove property he was eyeing was about $15 million, he did a double take.

He asked her to repeat the amount. ‘Then he asked if it was haunted because he thought it was too cheap!’ said Ms Png, before pointing out that most high net worth Chinese nationals feel the same – that Sentosa Cove properties are great value for money.

Punggol residential site goes to top joint-bidders at S$223.7m

17 June 2010 | Channel News Asia

SINGAPORE : The Housing and Development Board (HDB) has awarded a residential site at Punggol Field/Punggol Road to the highest joint-bidders.

Collective sale of Tanglin Shopping Centre?
Orchard Road mall could fetch up to $580 million, say market analysts

SINGAPORE – The en bloc fever in the residential property market has now moved into the commercial property space as owners of such properties jump onto the bandwagon too.

City Development’s hotel arm Millennium and Copthorne (M&C) Hotels yesterday announced its subsidiary has signed a collective sales agreement to put Tanglin Shopping Centre up for sale.