http://www.singaporepropertywatch.com Latest News On Singapore’s Booming Property Market Sat, 04 Oct 2008 02:37:27 +0000 http://backend.userland.com/rss092 en Paya Lebar was one of Singapore's earliest commercial hubs, but it now stands neglected and underdeveloped, with the Singapore Post Centre building its sole marker of modernisation. Within the next 15 years, however, all that will change. The neighbourhood around the Paya Lebar MRT station is slated for a major makeover as ... http://www.singaporepropertywatch.com/property/paya-lebar-to-be-make-over-into-commercial-node BANGKOK - OIL prices dropped below US$124 a barrel yesterday in Asia, as demand concerns deepened and after United States Federal Reserve chairman Ben Bernanke indicated that more US interest rate cuts were unlikely. Mr Bernanke's comments suggesting inflation was too much of a concern to contemplate more rate hikes sent ... http://www.singaporepropertywatch.com/investment/oil-prices/oil-prices-drop-below-us124-a-barrel COE premiums ended lower across the board in the latest tender yesterday, with the rate for bigger cars posting the sharpest fall. Market watchers attributed the softer prices to the seasonal lull of the school holidays, when people tend to be out of town. There was also speculation that, with fuel prices ... http://www.singaporepropertywatch.com/uncategorized/singapore-coe-prices-for-cars-dropped A CONSTRUCTION firm based in China's north-east with a string of commercial and civic projects under its belt is listing in Singapore. Sino Construction aims to raise net proceeds of $35.6 million with its initial public offering (IPO) of 152 million shares priced at 39 cents apiece. The company's customers are ... http://www.singaporepropertywatch.com/world/china/china-construction-firm-targets-36-million-from-ipo-in-singapore A UNIT of property giant Far East Organization has put in the top bid for a condominium site at Choa Chu Kang Drive, about five minutes' walk from Choa Chu Kang MRT Station. Tian Hock Properties offered $116 million for the 204,514 sq ft plot, which works out to about $203 ... http://www.singaporepropertywatch.com/uncategorized/five-bids-for-choa-chu-kang-tender $13.8m price tag in Anthony Soh's ad suggests he wants a quick sale By Lee Su Shyan, Assistant Money Editor ST PHOTO: ALBERT SIM View more photos THE businessman caught out when his takeover of Jade Technologies descended into farce and recrimination has put his multimillion-dollar home on ... http://www.singaporepropertywatch.com/uncategorized/key-player-in-jade-saga-set-to-sell-luxury-home BERLIN - THE United States is already in a recession, and it will be longer and deeper than what many people expect, United States investment guru Warren Buffett said in an interview published in German magazine Der Spiegel last Saturday. He said the US was 'already in a recession...perhaps not in ... http://www.singaporepropertywatch.com/property/us-already-in-recession-says-buffett By Alvin Foo, Markets Correspondent THE recent retreat of Hong Kong's Hang Seng Index is drawing traders into fresh positions for its contracts. Last Friday, the index plunged 329.05 points to 24,714.07 - down a total of 904.79 points, or 3.53 per cent, for the week. However, a Societe ... http://www.singaporepropertywatch.com/property/hang-seng-contracts-active-after-recent-correction MARKET players are expecting activity on the local bourse to follow the dreary tone set in the past few weeks. The lack of conviction in the market stems from the troubling inflationary pressures fuelled by record oil prices and Wall Street's fall last Friday. There is not likely to be much ... http://www.singaporepropertywatch.com/property/market-likely-to-be-subdued-as-bad-news-keeps-coming Bank letting small investors get a big piece of the action, say sources By Grace Ng, Finance Correspondent NOT LEFT OUT: OCBC's preference share offer is likely to come with a lower dividend rate than the DBS securities. However, sources say retail investors will be able to take ... http://www.singaporepropertywatch.com/property/ocbc-to-raise-up-to-1b-from-preference-share-issue