Jurong HDB Flat For Sale - Singapore

Jurong HDB Flat For Sale - Singapore

TYPE : [2]Rm [3]Rm [4]Rm [5]Rm [EA]Ex Apt [EM]Ex Mais [6]Rm

Price are subject to changes , please call (+65) 91002985 for lastest update

Type - 3
District - 22
Estate - BOON LAY, BLK 185 #19 ABOVE
Area - 635
Age - 28
Room - 2
PSF - 233
Price$ - 148000
Type - 3
District - 22
Estate - BOON LAY, BLK 187 #05 BELOW
Area - 635
Age - 29
Room - 2
PSF - 213
Price$ - 135000
Type - 3
District - 22
Estate - BOON LAY, BLK 187 #05 BELOW
Area - 732
Age - 26
Room - 2
PSF - 205
Price$ - 150000
Type - 3
District - 22
Estate - BOON LAY, BLK 187 #13 ABOVE
Area - 613
Age -
Room - 2
PSF - 0
Price$ - 0
Type - 3
District - 22
Estate - BOON LAY, BLK 207 #03-217
Area - 699
Age -
Room - 2
PSF - 217
Price$ - 152000
Type - 3
District - 22
Estate - BOON LAY, BLK 211 #06 ABOVE
Area - 699
Age -
Room - 2
PSF - 217
Price$ - 152000
Type - 3
District - 22
Estate - JURONG EAST, BLK 102 #04-146
Area - 0
Age -
Room - 2
PSF - null
Price$ - 182000
Type - 3
District - 22
Estate - JURONG EAST, BLK 211 #09-321
Area - 0
Age -
Room - 2
PSF - null
Price$ - 0
Type - 3
District - 22
Estate - JURONG WEST, BLK 498 #03-422
Area - 0
Age -
Room - 2
PSF - null
Price$ - 0
Type - 3
District - 22
Estate - PANDAN GDNS, BLK 412 #12 ABOVE
Area - 0
Age -
Room - 2
PSF - null
Price$ - 160000
Type - 3
District - 22
Estate - TEBAN GDNS, BLK 2 #11 BELOW
Area - 829
Age - 29
Room - 2
PSF - 171
Price$ - 142000
Type - 3A
District - 22
Estate - JURONG WEST, BLK 451 #01 ABOVE
Area - 0
Age -
Room - 2
PSF - null
Price$ - 0
Type - 3A
District - 22
Estate - JURONG WEST, BLK 475 #03 ABOVE
Area - 785
Age - 22
Room - 2
PSF - 213
Price$ - 167000
Type - 3A
District - 22
Estate - JURONG WEST, BLK 480 #08 ABOVE
Area - 0
Age -
Room - 2
PSF - null
Price$ - 0
Type - 3A
District - 22
Estate - JURONG WEST, BLK 515 #04 BELOW
Area - 0
Age -
Room - 2
PSF - null
Price$ - 185000
Type - 3A
District - 22
Estate - JURONG WEST, BLK 926 #03-121
Area - 0
Age -
Room - 2
PSF - null
Price$ - 140000
Type - 3A
District - 22
Estate - JURONG WEST, BLK 928 #10 ABOVE
Area - 0
Age -
Room - 2
PSF - null
Price$ - 165000
Type - 3A
District - 22
Estate - JURONG WEST, BLK 929 #11-159
Area - 785
Age -
Room - 2
PSF - 0
Price$ - 0
Type - 3A
District - 22
Estate - TEBAN GDNS, BLK 7 #05 ABOVE
Area - 829
Age -
Room - 2
PSF - 0
Price$ - 0
Type - 3I
District - 22
Estate - BOON LAY, BLK 168 #01 ABOVE
Area - 0
Age -
Room - 2
PSF - null
Price$ - 136000
Type - 3I
District - 22
Estate - BOON LAY, BLK 168 #05 ABOVE
Area - 753
Age - 33
Room - 2
PSF - 212
Price$ - 160000
Type - 3I
District - 22
Estate - BOON LAY, BLK 170 #06 ABOVE
Area - 635
Age - 35
Room - 2
PSF - 252
Price$ - 160000
Type - 3I
District - 22
Estate - BOON LAY, BLK 185 #06 ABOVE
Area - 635
Age - 5
Room - 2
PSF - 220
Price$ - 140000
Type - 3I
District - 22
Estate - BOON LAY, BLK 185 #08 ABOVE
Area - 634
Age - 31+
Room - 2
PSF - 205
Price$ - 130000
Type - 3I
District - 22
Estate - BOON LAY, BLK 186 #18 BELOW
Area - 635
Age - 32
Room - 2
PSF - 205
Price$ - 130000
Type - 3I
District - 22
Estate - BOON LAY, BLK 187 #08 BELOW
Area - 635
Age - 28
Room - 2
PSF - 216
Price$ - 137000
Type - 3I
District - 22
Estate - BOON LAY, BLK 187 #12 ABOVE
Area - 645
Age - 25
Room - 2
PSF - 233
Price$ - 150000
Type - 3I
District - 22
Estate - HO CHING RD, BLK 120 #05 ABOVE
Area - 0
Age -
Room - 2
PSF - null
Price$ - 0
Type - 3I
District - 22
Estate - PANDAN GDNS, BLK 410 #02 ABOVE
Area - 0
Age - 15+
Room - 2
PSF - null
Price$ - 154000
Type - 3I
District - 22
Estate - TEBAN GDNS, BLK 2 #03-06
Area - 829
Age -
Room - 2
PSF - 0
Price$ - 0
Type - 3I
District - 22
Estate - TEBAN GDNS, BLK 34 #12-276
Area - 0
Age -
Room - 2
PSF - null
Price$ - 170000
Type - 3I
District - 22
Estate - TEBAN GDNS, BLK 7 #12 ABOVE
Area - 0
Age -
Room - 2
PSF - null
Price$ - 0
Type - 3N
District - 22
Estate - BOON LAY, BLK 168 #08 BELOW
Area - 753
Age - 33
Room - 2
PSF - 212
Price$ - 160000
Type - 3N
District - 22
Estate - JURONG EAST, BLK 104 #05 BELOW
Area - 0
Age -
Room - 2
PSF - null
Price$ - 0
Type - 3N
District - 22
Estate - JURONG EAST, BLK 205 #08 ABOVE
Area - 0
Age - 20
Room - 2
PSF - null
Price$ - 195000
Type - 3N
District - 22
Estate - JURONG EAST, BLK 248 #07 BELOW
Area - 0
Age -
Room - 2
PSF - null
Price$ - 178000
Type - 3N
District - 22
Estate - JURONG EAST, BLK 248 #08 ABOVE
Area - 721
Age -
Room - 2
PSF - 0
Price$ - 0
Type - 3N
District - 22
Estate - JURONG EAST, BLK 249 #07 ABOVE
Area - 0
Age -
Room - 2
PSF - null
Price$ - 190000
Type - 3N
District - 22
Estate - JURONG EAST, BLK 257 #06 ABOVE
Area - 721
Age - 24
Room - 2
PSF - 0
Price$ - 0
Type - 3N
District - 22
Estate - JURONG WEST, BLK 463 #08 ABOVE
Area - 0
Age -
Room - 2
PSF - null
Price$ - 0
Type - 3N
District - 22
Estate - JURONG WEST, BLK 487 #10 ABOVE
Area - 0
Age -
Room - 2
PSF - null
Price$ - 185000
Type - 3N
District - 22
Estate - PANDAN GDNS, BLK 410 #07 ABOVE
Area - 0
Age -
Room - 2
PSF - null
Price$ - 0
Type - 3N
District - 22
Estate - TEBAN GNDS, BLK 48 #12-245
Area - 732
Age - 20+
Room - 2
PSF - 246
Price$ - 180000
Type - 3S
District - 22
Estate - JURONG WEST, BLK 418 #01-957
Area - 763
Age - 20+
Room - 2
PSF - 236
Price$ - 180000
Type - 4
District - 22
Estate - BOON LAY, BLK 214 #07-17
Area - 0
Age -
Room - 3
PSF - null
Price$ - 0
Type - 4
District - 22
Estate - BOON LAY, BLK 268B #09 ABOVE
Area - 968
Age - 6
Room - 3
PSF - 276
Price$ - 267000
Type - 4
District - 22
Estate - JURONG WEST, BLK 417 #08-985
Area - 0
Age -
Room - 3
PSF - null
Price$ - 0
Type - 4
District - 22
Estate - JURONG WEST, BLK 426 #03 BELOW
Area - 1204
Age - 20+
Room - 3
PSF - 0
Price$ - 0
Type - 4
District - 22
Estate - JURONG WEST, BLK 483 #09
Area - 978
Age -
Room - 3
PSF - 235
Price$ - 230000
Type - 4
District - 22
Estate - JURONG WEST, BLK 550 #04 BELOW
Area - 0
Age - 22
Room - 3
PSF - null
Price$ - 220000
Type - 4
District - 22
Estate - JURONG WEST, BLK 558 #02 ABOVE
Area - 1560
Age - 20
Room - 3
PSF - 202
Price$ - 315000
Type - 4
District - 22
Estate - JURONG WEST, BLK 612 #09-504
Area - 0
Age - 6
Room - 3
PSF - null
Price$ - 268000
Type - 4
District - 22
Estate - JURONG WEST, BLK 647 #11-154
Area - 1076
Age -
Room - 3
PSF - 251
Price$ - 270000
Type - 4
District - 22
Estate - JURONG WEST, BLK 684A #08 BELOW
Area - 1011
Age - 7
Room - 3
PSF - 0
Price$ - 0
Type - 4
District - 22
Estate - JURONG WEST, BLK 692 #05 ABOVE
Area - 1097
Age -
Room - 3
PSF - 244
Price$ - 268000
Type - 4
District - 22
Estate - JURONG WEST, BLK 727 #11-190
Area - 1040
Age -
Room - 3
PSF - 240
Price$ - 250000
Type - 4
District - 22
Estate - JURONG WEST, BLK 728 #07 ABOVE
Area - 1119
Age -
Room - 3
PSF - 183
Price$ - 205000
Type - 4
District - 22
Estate - JURONG WEST, BLK 977 #04 ABOVE
Area - 1119
Age - 18
Room - 3
PSF - 0
Price$ - 0
Type - 4
District - 22
Estate - TEBAN GDNS, BLK 32 #11-357
Area - 1076
Age - 20+
Room - 3
PSF - 0
Price$ - 0
Type - 4
District - 22
Estate - TEBAN GDNS, BLK 53 #13-598
Area - 0
Age -
Room - 2
PSF - null
Price$ - 172000
Type - 4A
District - 22
Estate - BOON LAY, BLK 258 #04-513
Area - 1193
Age -
Room - 3
PSF - 0
Price$ - 0
Type - 4A
District - 22
Estate - JURONG EAST, BLK 308 #03-240
Area - 0
Age - 10+
Room - 3
PSF - null
Price$ - 0
Type - 4A
District - 22
Estate - JURONG EAST, BLK 315 #04 BELOW
Area - 1184
Age - 22
Room - 3
PSF - 224
Price$ - 265000
Type - 4A
District - 22
Estate - JURONG EAST, BLK 316 #02-275
Area - 0
Age -
Room - 3
PSF - null
Price$ - 250000
Type - 4A
District - 22
Estate - JURONG EAST, BLK 319 #04-60
Area - 0
Age - 20+
Room - 3
PSF - null
Price$ - 0
Type - 4A
District - 22
Estate - JURONG EAST, BLK 324 #13-126
Area - 1119
Age -
Room - 3
PSF - 286
Price$ - 320000
Type - 4A
District - 22
Estate - JURONG WEST, BLK 272D #06 ABOVE
Area - 1001
Age - 5
Room - 3
PSF - 225
Price$ - 225000
Type - 4A
District - 22
Estate - JURONG WEST, BLK 431 #05 ABOVE
Area - 0
Age -
Room - 0
PSF - null
Price$ - 220000
Type - 4A
District - 22
Estate - JURONG WEST, BLK 444 #10-780
Area - 1119
Age -
Room - 3
PSF - 216
Price$ - 242000
Type - 4A
District - 22
Estate - JURONG WEST, BLK 475 #07 ABOVE
Area - 0
Age -
Room - 3
PSF - null
Price$ - 0
Type - 4A
District - 22
Estate - JURONG WEST, BLK 491 #08 ABOVE
Area - 0
Age -
Room - 3
PSF - null
Price$ - 0
Type - 4A
District - 22
Estate - JURONG WEST, BLK 557 #05 ABOVE
Area - 1119
Age - 21
Room - 3
PSF - 188
Price$ - 210000
Type - 4A
District - 22
Estate - JURONG WEST, BLK 557 #07 ABOVE
Area - 0
Age -
Room - 3
PSF - null
Price$ - 245000
Type - 4A
District - 22
Estate - JURONG WEST, BLK 647 #07
Area - 1076
Age -
Room - 2
PSF - 230
Price$ - 248000
Type - 4A
District - 22
Estate - JURONG WEST, BLK 657A #08 ABOVE
Area - 968
Age - 5
Room - 3
PSF - 289
Price$ - 280000
Type - 4A
District - 22
Estate - JURONG WEST, BLK 673A #05 BELOW
Area - 0
Age -
Room - 3
PSF - null
Price$ - 250000
Type - 4A
District - 22
Estate - JURONG WEST, BLK 673B #16-08
Area - 0
Age - 5
Room - 3
PSF - null
Price$ - 0
Type - 4A
District - 22
Estate - JURONG WEST, BLK 674A #09 ABOVE
Area - 978
Age - 5
Room - 3
PSF - 286
Price$ - 280000
Type - 4A
District - 22
Estate - JURONG WEST, BLK 674A #14 ABOVE
Area - 989
Age - 6
Room - 3
PSF - 243
Price$ - 240000
Type - 4A
District - 22
Estate - JURONG WEST, BLK 690 #04 BELOW
Area - 1054
Age - 8
Room - 2
PSF - 304
Price$ - 320000
Type - 4A
District - 22
Estate - JURONG WEST, BLK 728 #05 BELOW
Area - 1119
Age -
Room - 3
PSF - 210
Price$ - 235000
Type - 4A
District - 22
Estate - JURONG WEST, BLK 743 #01 ABOVE
Area - 1119
Age - 14
Room - 3
PSF - 181
Price$ - 203000
Type - 4A
District - 22
Estate - JURONG WEST, BLK 743 #05 BELOW
Area - 1119
Age - 14
Room - 3
PSF - 179
Price$ - 200000
Type - 4A
District - 22
Estate - JURONG WEST, BLK 751 #10 ABOVE
Area - 1119
Age - 15
Room - 3
PSF - 232
Price$ - 260000
Type - 4A
District - 22
Estate - JURONG WEST, BLK 812 #02 ABOVE
Area - 1119
Age -
Room - 3
PSF - 250
Price$ - 280000
Type - 4A
District - 22
Estate - JURONG WEST, BLK 812 #02 ABOVE
Area - 1119
Age - 16
Room - 3
PSF - 175
Price$ - 196000
Type - 4A
District - 22
Estate - JURONG WEST, BLK 812 #08 ABOVE
Area - 1119
Age -
Room - 3
PSF - 0
Price$ - 0
Type - 4A
District - 22
Estate - JURONG WEST, BLK 812 #12-152
Area - 0
Age -
Room - 3
PSF - null
Price$ - 0
Type - 4A
District - 22
Estate - JURONG WEST, BLK 813 #03-172
Area - 1065
Age -
Room - 3
PSF - 0
Price$ - 0
Type - 4A
District - 22
Estate - JURONG WEST, BLK 814 #03-192
Area - 1119
Age - 17
Room - 3
PSF - 219
Price$ - 245000
Type - 4A
District - 22
Estate - JURONG WEST, BLK 820 #04 BELOW
Area - 1162
Age - 14+
Room - 3
PSF - 207
Price$ - 240000
Type - 4A
District - 22
Estate - JURONG WEST, BLK 835 #04 BELOW
Area - 1151
Age -
Room - 3
PSF - 0
Price$ - 0
Type - 4A
District - 22
Estate - JURONG WEST, BLK 853 #04 ABOVE
Area - 1173
Age - 12
Room - 3
PSF - 0
Price$ - 0
Type - 4A
District - 22
Estate - JURONG WEST, BLK 865 #04 ABOVE
Area - 1141
Age - 11
Room - 3
PSF - 223
Price$ - 255000
Type - 4A
District - 22
Estate - JURONG WEST, BLK 911 #03 ABOVE
Area - 1119
Age - 17
Room - 3
PSF - 172
Price$ - 193000
Type - 4A
District - 22
Estate - JURONG WEST, BLK 922 #06 BELOW
Area - 1162
Age - 19
Room - 3
PSF - 172
Price$ - 200000
Type - 4A
District - 22
Estate - JURONG WEST, BLK 938 #09-395
Area - 1119
Age - 19
Room - 3
PSF - 313
Price$ - 350000
Type - 4A
District - 22
Estate - JURONG WEST, BLK 944 #03 ABOVE
Area - 0
Age -
Room - 3
PSF - null
Price$ - 0
Type - 4A
District - 22
Estate - JURONG WEST, BLK 945 #05 BELOW
Area - 1119
Age - 20
Room - 3
PSF - 170
Price$ - 190000
Type - 4A
District - 22
Estate - JURONG WEST, BLK 980 #04 BELOW
Area - 0
Age - 18
Room - 3
PSF - null
Price$ - 0
Type - 4A
District - 22
Estate - TAH CHING RD, BLK 330 #05-86
Area - 0
Age - 08+
Room - 3
PSF - null
Price$ - 0
Type - 4A
District - 22
Estate - TEBAN GDNS, BLK 24 #04 ABOVE
Area - 1065
Age - 13
Room - 3
PSF - 197
Price$ - 210000
Type - 4A
District - 22
Estate - TEBAN GDNS, BLK 24 #07 ABOVE
Area - 1151
Age - 14
Room - 3
PSF - 243
Price$ - 280000
Type - 4A
District - 22
Estate - TEBAN GDNS, BLK 60 #13 ABOVE
Area - 0
Age -
Room - 3
PSF - null
Price$ - 0
Type - 4A
District - 22
Estate - TEBAN GDNS, BLK 65 #15-611
Area - 978
Age - 05+
Room - 3
PSF - 256
Price$ - 250000
Type - 4A
District - 22
Estate - TEBAN GDNS, BLK 65 #25 BELOW
Area - 0
Age - 5
Room - 3
PSF - null
Price$ - 0
Type - 4A
District - 22
Estate - TOH GUAN RD, BLK 614 #03 ABOVE
Area - 0
Age -
Room - 3
PSF - null
Price$ - 270000
Type - 4A
District - 22
Estate - YUNG LOH RD, BLK 149 #02 ABOVE
Area - 0
Age - 14+
Room - 3
PSF - null
Price$ - 250000
Type - 4A
District - 22
Estate - YUNG LOH RD, BLK 150 #02 ABOVE
Area - 1108
Age - 18+
Room - 3
PSF - 227
Price$ - 252000
Type - 4N
District - 22
Estate - JURONG EAST, BLK 248 #11-76
Area - 0
Age -
Room - 3
PSF - null
Price$ - 243000
Type - 4N
District - 22
Estate - JURONG EAST, BLK 257 #05 ABOVE
Area - 1011
Age - 20+
Room - 3
PSF - 0
Price$ - 0
Type - 4N
District - 22
Estate - JURONG EAST, BLK 257 #07-403
Area - 1011
Age -
Room - 2
PSF - 235
Price$ - 238000
Type - 4N
District - 22
Estate - JURONG WEST, BLK 613 #02 ABOVE
Area - 1001
Age - 08+
Room - 3
PSF - 225
Price$ - 225000
Type - 4N
District - 22
Estate - TEBAN GDNS, BLK 31 #10 ABOVE
Area - 1065
Age -
Room - 3
PSF - 0
Price$ - 0
Type - 4N
District - 22
Estate - TEBAN GDNS, BLK 9 #05 ABOVE
Area - 989
Age -
Room - 3
PSF - 0
Price$ - 0
Type - 4S
District - 22
Estate - JURONG EAST, BLK 228 #12-749
Area - 0
Age -
Room - 3
PSF - null
Price$ - 240000
Type - 4S
District - 22
Estate - JURONG WEST, BLK 422 #05 BELOW
Area - 0
Age -
Room - 3
PSF - null
Price$ - 229000
Type - 5
District - 22
Estate - BOON LAY, BLK 263 #12 ABOVE
Area - 1367
Age - 11
Room - 4
PSF - 219
Price$ - 300000
Type - 5
District - 22
Estate - CORPORATION DR, BLK 367 #05 BELOW
Area - 1323
Age - 10
Room - 3
PSF - 272
Price$ - 360000
Type - 5
District - 22
Estate - JURONG WEST, BLK 272C #12 ABOVE
Area - 1226
Age - 5
Room - 3
PSF - 237
Price$ - 290000
Type - 5
District - 22
Estate - JURONG WEST, BLK 275D #10-61
Area - 0
Age - 06+
Room - 3
PSF - null
Price$ - 0
Type - 5
District - 22
Estate - JURONG WEST, BLK 468 #05 BELOW
Area - 1301
Age -
Room - 0
PSF - 208
Price$ - 270000
Type - 5
District - 22
Estate - JURONG WEST, BLK 517D #13 ABOVE
Area - 1237
Age - 6
Room - 3
PSF - 311
Price$ - 385000
Type - 5
District - 22
Estate - JURONG WEST, BLK 610 #10 ABOVE
Area - 0
Age -
Room - 3
PSF - null
Price$ - 350000
Type - 5
District - 22
Estate - JURONG WEST, BLK 653B #14-440
Area - 0
Age -
Room - 3
PSF - null
Price$ - 0
Type - 5
District - 22
Estate - JURONG WEST, BLK 653C #15-458
Area - 0
Age - 5
Room - 3
PSF - null
Price$ - 0
Type - 5
District - 22
Estate - JURONG WEST, BLK 658D #12 ABOVE
Area - 1193
Age - 5
Room - 3
PSF - 0
Price$ - 0
Type - 5
District - 22
Estate - JURONG WEST, BLK 661A #05 ABOVE
Area - 1184
Age - 6
Room - 3
PSF - 304
Price$ - 360000
Type - 5
District - 22
Estate - JURONG WEST, BLK 664B #06 ABOVE
Area - 1184
Age - 7
Room - 3
PSF - 304
Price$ - 360000
Type - 5
District - 22
Estate - JURONG WEST, BLK 672A #11 BELOW
Area - 1184
Age - 5
Room - 3
PSF - 252
Price$ - 298000
Type - 5
District - 22
Estate - JURONG WEST, BLK 813 #08 ABOVE
Area - 0
Age -
Room - 3
PSF - null
Price$ - 0
Type - 5
District - 22
Estate - JURONG WEST, BLK 906 #10 ABOVE
Area - 0
Age - 5
Room - 3
PSF - null
Price$ - 339000
Type - 5
District - 22
Estate - JURONG WEST, BLK 911 #07 ABOVE
Area - 1312
Age - 18
Room - 4
PSF - 169
Price$ - 222000
Type - 5
District - 22
Estate - JURONG WEST, BLK 931 #05 BELOW
Area - 1291
Age -
Room - 3
PSF - 178
Price$ - 230000
Type - 5
District - 22
Estate - JURONG WEST, BLK 961 #04 ABOVE
Area - 0
Age -
Room - 3
PSF - null
Price$ - 0
Type - 5
District - 22
Estate - KANG CHING RD, BLK 353 #06 ABOVE
Area - 1367
Age - 6
Room - 3
PSF - 234
Price$ - 320000
Type - 5
District - 22
Estate - KANG CHING RD, BLK 355 #06 ABOVE
Area - 0
Age -
Room - 3
PSF - null
Price$ - 0
Type - 5
District - 22
Estate - TAH CHING RD, BLK 326 #05 BELOW
Area - 1313
Age - 10
Room - 3
PSF - 0
Price$ - 0
Type - 5
District - 22
Estate - TEBAN GDNS, BLK 4 #05 BELOW
Area - 1323
Age - 29
Room - 3
PSF - 204
Price$ - 270000
Type - 5
District - 22
Estate - TOH GUAN RD, BLK 267 #03-09
Area - 1323
Age -
Room - 3
PSF - 257
Price$ - 340000
Type - 5A
District - 22
Estate - BOON LAY, BLK 261 #14-547
Area - 1419
Age - 11+
Room - 3
PSF - 0
Price$ - 0
Type - 5A
District - 22
Estate - JURING WEST, BLK 652B #13 ABOVE
Area - 1184
Age -
Room - 3
PSF - 296
Price$ - 350000
Type - 5A
District - 22
Estate - JURONG EAST, BLK 203 #22 ABOVE
Area - 0
Age -
Room - 3
PSF - null
Price$ - 421000
Type - 5A
District - 22
Estate - JURONG EAST, BLK 287A #04 ABOVE
Area - 1323
Age - 9
Room - 3
PSF - 0
Price$ - 0
Type - 5A
District - 22
Estate - JURONG EAST, BLK 311 #09 BELOW
Area - 1420
Age -
Room - 3
PSF - 246
Price$ - 350000
Type - 5A
District - 22
Estate - JURONG WEST, BLK 436 #05 BELOW
Area - 1400
Age -
Room - 3
PSF - 250
Price$ - 350000
Type - 5A
District - 22
Estate - JURONG WEST, BLK 437 #16-430
Area - 0
Age -
Room - 3
PSF - null
Price$ - 290000
Type - 5A
District - 22
Estate - JURONG WEST, BLK 732 #04 BELOW
Area - 1323
Age -
Room - 3
PSF - 204
Price$ - 270000
Type - 5A
District - 22
Estate - JURONG WEST, BLK 834 #04 ABOVE
Area - 1485
Age -
Room - 4
PSF - 189
Price$ - 280000
Type - 5A
District - 22
Estate - TOH GUAN RD, BLK 279 #07 BELOW
Area - 0
Age -
Room - 3
PSF - null
Price$ - 420000
Type - 5A
District - 22
Estate - YUNG AN RD, BLK 358 #01 ABOVE
Area - 0
Age -
Room - 3
PSF - null
Price$ - 300000
Type - 5I
District - 22
Estate - CORPORATION DR, BLK 349 #03 BELOW
Area - 1312
Age - 10
Room - 3
PSF - 227
Price$ - 298000
Type - 5I
District - 22
Estate - JURING WEST, BLK 721 #05 BELOW
Area - 1301
Age - 18
Room - 3
PSF - 0
Price$ - 0
Type - 5I
District - 22
Estate - JURONG EAST, BLK 103 #18-210
Area - 0
Age -
Room - 3
PSF - null
Price$ - 490000
Type - 5I
District - 22
Estate - JURONG EAST, BLK 116 #15-394
Area - 1291
Age - 25
Room - 3
PSF - 0
Price$ - 0
Type - 5I
District - 22
Estate - JURONG EAST, BLK 116 #19 ABOVE
Area - 1205
Age - 20+
Room - 3
PSF - 415
Price$ - 500000
Type - 5I
District - 22
Estate - JURONG WEST, BLK 273C #15-13
Area - 0
Age -
Room - 3
PSF - null
Price$ - 292000
Type - 5I
District - 22
Estate - JURONG WEST, BLK 276D #09
Area - 1193
Age -
Room - 3
PSF - 0
Price$ - 0
Type - 5I
District - 22
Estate - JURONG WEST, BLK 467 #10 ABOVE
Area - 1301
Age - 20
Room - 3
PSF - 261
Price$ - 340000
Type - 5I
District - 22
Estate - JURONG WEST, BLK 610 #06 BELOW
Area - 1237
Age - 05+
Room - 3
PSF - 238
Price$ - 294000
Type - 5I
District - 22
Estate - JURONG WEST, BLK 623 #04 ABOVE
Area - 1184
Age - 6
Room - 3
PSF - 0
Price$ - 0
Type - 5I
District - 22
Estate - JURONG WEST, BLK 645 #01 ABOVE
Area - 1313
Age -
Room - 3
PSF - 240
Price$ - 315000
Type - 5I
District - 22
Estate - JURONG WEST, BLK 659D #05 BELOW
Area - 1184
Age - 6
Room - 3
PSF - 0
Price$ - 0
Type - 5I
District - 22
Estate - JURONG WEST, BLK 660A #04 ABOVE
Area - 1184
Age - 5
Room - 3
PSF - 253
Price$ - 299000
Type - 5I
District - 22
Estate - JURONG WEST, BLK 660B #13 ABOVE
Area - 1184
Age - 6
Room - 3
PSF - 278
Price$ - 329000
Type - 5I
District - 22
Estate - JURONG WEST, BLK 662B #11 ABOVE
Area - 1184
Age - 7
Room - 3
PSF - 266
Price$ - 315000
Type - 5I
District - 22
Estate - JURONG WEST, BLK 662C #04 BELOW
Area - 1184
Age - 5
Room - 3
PSF - 252
Price$ - 298000
Type - 5I
District - 22
Estate - JURONG WEST, BLK 664C #13 ABOVE
Area - 1237
Age - 08+
Room - 3
PSF - 259
Price$ - 320000
Type - 5I
District - 22
Estate - JURONG WEST, BLK 667C #04-143
Area - 0
Age -
Room - 3
PSF - null
Price$ - 295000
Type - 5I
District - 22
Estate - JURONG WEST, BLK 687 #06-153
Area - 0
Age -
Room - 3
PSF - null
Price$ - 0
Type - 5I
District - 22
Estate - JURONG WEST, BLK 688 #05 ABOVE
Area - 1291
Age -
Room - 3
PSF - 287
Price$ - 370000
Type - 5I
District - 22
Estate - JURONG WEST, BLK 706 #14-72
Area - 1350
Age -
Room - 3
PSF - 204
Price$ - 275000
Type - 5I
District - 22
Estate - JURONG WEST, BLK 721 #05 BELOW
Area - 1301
Age - 18
Room - 3
PSF - 0
Price$ - 0
Type - 5I
District - 22
Estate - JURONG WEST, BLK 721 #10 ABOVE
Area - 1302
Age -
Room - 3
PSF - 192
Price$ - 250000
Type - 5I
District - 22
Estate - JURONG WEST, BLK 725 #07 BELOW
Area - 1324
Age - 12+
Room - 3
PSF - 211
Price$ - 280000
Type - 5I
District - 22
Estate - JURONG WEST, BLK 814 #05 ABOVE
Area - 0
Age -
Room - 3.1
PSF - null
Price$ - 0
Type - 5I
District - 22
Estate - JURONG WEST, BLK 821 #02-484
Area - 0
Age -
Room - 3
PSF - null
Price$ - 0
Type - 5I
District - 22
Estate - JURONG WEST, BLK 821 #12-482
Area - 1301
Age -
Room - 4
PSF - 229
Price$ - 298000
Type - 5I
District - 22
Estate - JURONG WEST, BLK 940 #07 ABOVE
Area - 0
Age -
Room - 3
PSF - null
Price$ - 0
Type - 5I
District - 22
Estate - KANG CHING RD, BLK 353 #07 ABOVE
Area - 0
Age -
Room - 3
PSF - null
Price$ - 0
Type - 5I
District - 22
Estate - KANG CHING RD, BLK 355 #07 ABOVE
Area - 1291
Age - 10
Room - 3
PSF - 271
Price$ - 350000
Type - 5I
District - 22
Estate - PANDAN GDNS, BLK 407 #06 ABOVE
Area - 1280
Age - 15
Room - 3
PSF - 219
Price$ - 280000
Type - 5I
District - 22
Estate - TAH CHING RD, BLK 324 #10-50
Area - 1291
Age - 10
Room - 3
PSF - 258
Price$ - 333000
Type - 5I
District - 22
Estate - TOH GUAN RD, BLK 271 #10-113
Area - 1291
Age -
Room - 3
PSF - 364
Price$ - 470000
Type - 5S
District - 22
Estate - BOON LAY, BLK 202 #13 BELOW
Area - 1301
Age - 31
Room - 3
PSF - 269
Price$ - 350000
Type - EA
District - 22
Estate - HO CHING RD, BLK 115 #06 ABOVE
Area - 1527
Age - 8
Room - 4
PSF - 262
Price$ - 400000
Type - EA
District - 22
Estate - HO CHING RD, BLK 115 #16 ABOVE
Area - 1506
Age - 9
Room - 3
PSF - 279
Price$ - 420000
Type - EA
District - 22
Estate - JURONG EAST, BLK 216 #04 ABOVE
Area - 1500
Age - 20+
Room - 3
PSF - 280
Price$ - 420000
Type - EA
District - 22
Estate - JURONG EAST, BLK 216 #05
Area - 1500
Age - 10+
Room - 3
PSF - 280
Price$ - 420000
Type - EA
District - 22
Estate - JURONG EAST, BLK 287A #20 BELOW
Area - 1539
Age - 9
Room - 3
PSF - 390
Price$ - 600000
Type - EA
District - 22
Estate - JURONG EAST, BLK 287C #16 ABOVE
Area - 0
Age -
Room - 3
PSF - null
Price$ - 510000
Type - EA
District - 22
Estate - JURONG WEST, BLK 410 #04 ABOVE
Area - 0
Age -
Room - 3
PSF - null
Price$ - 330000
Type - EA
District - 22
Estate - JURONG WEST, BLK 548 #10 ABOVE
Area - 0
Age -
Room - 3
PSF - null
Price$ - 0
Type - EA
District - 22
Estate - JURONG WEST, BLK 628 #12 ABOVE
Area - 1400
Age - 6
Room - 3
PSF - 0
Price$ - 0
Type - EA
District - 22
Estate - JURONG WEST, BLK 656A #10 ABOVE
Area - 1431
Age - 06+
Room - 2
PSF - 314
Price$ - 450000
Type - EA
District - 22
Estate - JURONG WEST, BLK 656C #06-315
Area - 1419
Age - 5
Room - 4
PSF - 282
Price$ - 400000
Type - EA
District - 22
Estate - JURONG WEST, BLK 665B #08 ABOVE
Area - 1399
Age - 7
Room - 4
PSF - 0
Price$ - 0
Type - EA
District - 22
Estate - JURONG WEST, BLK 666A #08 BELOW
Area - 1399
Age - 9
Room - 3
PSF - 322
Price$ - 450000
Type - EA
District - 22
Estate - JURONG WEST, BLK 669 #12 ABOVE
Area - 1399
Age - 06+
Room - 3
PSF - 257
Price$ - 360000
Type - EA
District - 22
Estate - JURONG WEST, BLK 687 #09 ABOVE
Area - 1496
Age - 5
Room - 3
PSF - 0
Price$ - 0
Type - EA
District - 22
Estate - JURONG WEST, BLK 688 #08 BELOW
Area - 0
Age -
Room - 3
PSF - null
Price$ - 0
Type - EA
District - 22
Estate - JURONG WEST, BLK 701 #04 BELOW
Area - 1450
Age -
Room - 4
PSF - 234
Price$ - 340000
Type - EA
District - 22
Estate - JURONG WEST, BLK 754 #04 BELOW
Area - 1592
Age -
Room - 3
PSF - 0
Price$ - 0
Type - EA
District - 22
Estate - JURONG WEST, BLK 754 #12 ABOVE
Area - 1600
Age - 12
Room - 4
PSF - 225
Price$ - 360000
Type - EA
District - 22
Estate - JURONG WEST, BLK 831 #01 ABOVE
Area - 1560
Age - 14
Room - 3
PSF - 192
Price$ - 300000
Type - EA
District - 22
Estate - JURONG WEST, BLK 841 #06 ABOVE
Area - 0
Age -
Room - 3
PSF - null
Price$ - 0
Type - EA
District - 22
Estate - JURONG WEST, BLK 842 #14-177
Area - 0
Age - 05+
Room - 4
PSF - null
Price$ - 0
Type - EA
District - 22
Estate - KANG CHING RD, BLK 334 #14-250
Area - 1496
Age - 10
Room - 3
PSF - 274
Price$ - 410000
Type - EA
District - 22
Estate - TAH CHING RD, BLK 331 #02 ABOVE
Area - 1496
Age - 11
Room - 3
PSF - 234
Price$ - 350000
Type - EA
District - 22
Estate - TOH GUAN RD, BLK 285A #05 ABOVE
Area - 0
Age -
Room - 3
PSF - null
Price$ - 590000
Type - EA
District - 22
Estate - TOH GUAN RD, BLK 285A #15 ABOVE
Area - 1550
Age - 9
Room - 4
PSF - 355
Price$ - 550000
Type - EA
District - 22
Estate - TOH GUAN RD, BLK 285A #16 ABOVE
Area - 1528
Age - 9
Room - 4
PSF - 373
Price$ - 570000
Type - EA
District - 22
Estate - TOH GUAN RD, BLK 286B #14 ABOVE
Area - 0
Age -
Room - 4
PSF - null
Price$ - 530000
Type - EA
District - 22
Estate - YUNG PING RD, BLK 160 #07 ABOVE
Area - 1480
Age -
Room - 3
PSF - 243
Price$ - 360000
Type - EA
District - 22
Estate - YUNG PING RD, BLK 162 #06 ABOVE
Area - 1592
Age - 11
Room - 4
PSF - 209
Price$ - 333000
Type - EM
District - 22
Estate - JURONG EAST, BLK 288C #04 BELOW
Area - 0
Age -
Room - 3
PSF - null
Price$ - 0
Type - EM
District - 22
Estate - JURONG EAST, BLK 288C #06 BELOW
Area - 0
Age -
Room - 0
PSF - null
Price$ - 425000
Type - EM
District - 22
Estate - JURONG EAST, BLK 323 #08-204
Area - 0
Age -
Room - 3
PSF - null
Price$ - 0
Type - EM
District - 22
Estate - JURONG WEST, BLK 405 #02 ABOVE
Area - 1592
Age -
Room - 3
PSF - 201
Price$ - 320000
Type - EM
District - 22
Estate - JURONG WEST, BLK 405 #04 BELOW
Area - 1679
Age - 17
Room - 3
PSF - 197
Price$ - 330000
Type - EM
District - 22
Estate - JURONG WEST, BLK 407 #06 ABOVE
Area - 1624
Age - 21
Room - 3
PSF - 0
Price$ - 0
Type - EM
District - 22
Estate - JURONG WEST, BLK 407 #06 ABOVE
Area - 1614
Age - 20
Room - 3
PSF - 211
Price$ - 340000
Type - EM
District - 22
Estate - JURONG WEST, BLK 407 #06 ABOVE
Area - 1614
Age - 22
Room - 3
PSF - 0
Price$ - 0
Type - EM
District - 22
Estate - JURONG WEST, BLK 407 #08 BELOW
Area - 1540
Age - 22
Room - 3
PSF - 0
Price$ - 0
Type - EM
District - 22
Estate - JURONG WEST, BLK 408 #08 ABOVE
Area - 1560
Age - 20
Room - 3
PSF - 224
Price$ - 350000
Type - EM
District - 22
Estate - JURONG WEST, BLK 410 #04 BELOW
Area - 0
Age -
Room - 3
PSF - null
Price$ - 390000
Type - EM
District - 22
Estate - JURONG WEST, BLK 548 #08 ABOVE
Area - 1615
Age - 21+
Room - 3
PSF - 0
Price$ - 0
Type - EM
District - 22
Estate - TOH GUAN RD, BLK 285C #03 ABOVE
Area - 1560
Age - 9
Room - 3
PSF - 327
Price$ - 510000

Singapore Real Estate - Buy , Sell , Rent ,invest Singapore Property

Buy, sell and rent Singapore real estate: private property, residential apartments, commercial and industrial properties. HDB flats for sale and rental. Foreign investors, buyers, tenants or relocating expats can easily find their ideal landed house, bungalow, semi-d, terrace, condominium, townhouse, private apartment, HDB, HUDC, office, shop, factory, warehouse & land right here.

MINDY YONG
( +65 ) 91002985
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http://www.hotvictory.com

Singapore Horizon Towers owners renew objections to sale at hearing

Singapore Horizon Towers owners renew objections to sale at hearing

By Joyce Teo, Property Correspondent

THE home owners opposed to the $500 million collective sale of Horizon Towers have renewed their complaints that the sale was not handled properly, resulting in a price that was too low given a fast-rising market.
They were opening their case to stop the sale in front of the Strata Titles Board (STB) yesterday with a barrage of arguments.

They claimed that the sale committee and the property agent had mismanaged the sale process of the condominium.

It was the second day of the resumed STB hearing in which the majority owners are seeking approval to have the sale approved, after it was thrown out on a technicality in August.

They are battling it out with the minority owners who have filed objections to the sale. These objectors include three groups, each represented by different lawyers, along with two sets of owners representing themselves.

Hotel Properties (HPL) and its two partners have been trying to buy the 99-year leasehold Horizon Towers for $500 million, the estate’s reserve price that was set in April or May last year.

Opponents of the sale argued that by the time the deal was signed, that reserve price was too low, and out of date.

They said the $500 million price came with an 80 per cent premium - an inducement that had shrunk significantly by the time the estate was sold to the HPL consortium in January this year, due to a fast-rising market.

One witness, Mr Wee Hian Siew, who was the secretary of Horizon Towers’ first sale committee and one of the first to moot the idea of a sale, was called at the STB hearing yesterday.

He was asked numerous questions, including whether he knew about the rising market and why he did not ask for a fresh mandate for the $500 million offer from the owners, many of whom were said to have learnt of the sale via a newspaper report.

Mr Wee said he knew about the rising market and insisted that he was under the impression that the collective sale premium had slipped to about 40 per cent to 50 per cent, which he was happy with.

Earlier, one of the three minority owners’ lawyers, Mr Philip Fong of Harry Elias partnership, had asked if Mr Wee knew that Horizon Towers’ agent First Tree Properties was a tiny company with a paid-up capital of $50,000 for instance.

Also, he asked if he knew that the company had agreed to take a commission from the purchaser, instead of the owners as with usual practice. Mr Wee said he knew about it.

He later agreed that this would create a potential conflict but it was one that was not apparent to him when they were making the deal.

These were just some of the arguments brought up yesterday when the STB board also dismissed the case of a majority owner who wanted to participate in the hearing as an objector.

The hearing continues today.
Source : Straits Times - 07 Nov 2007

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985
mindy@mindyyong.com

http://www.hotvictory.com

Lum Chang in venture to develop Anson site - Singapore

Lum Chang in venture to develop Anson site - Singapore

A PROPERTY fund that won the tender for a leasehold office plot on Anson Road has roped in construction group Lum Chang Holdings to jointly develop the site.
Lum Chang will take a 5 per cent stake in Firstoffice, a vehicle set up to develop the land.

The remaining 95 per cent is held by Homerun 28, a wholly-owned subsidiary of LaSalle Asia Opportunity Fund III.

The total development cost, including the land, is estimated at $379.2 million.

Lum Chang has been appointed the main contractor for the $82.5 million contract to build a 20-storey office tower on the land next to International Plaza.

When completed by end-2009, the 99-year leasehold property is expected to yield 200,208 sq ft of net lettable office space and 1,668 sq ft of carpark space.

Given the rising demand and shortage of prime office space, the project is expected to draw keen interest from multinational tenants looking for Grade A offices near the Tanjong Pagar MRT station, said Lum Chang in a statement.

LaSalle won the tender with a top offer of $237.2 million in a government tender in August.

The Anson Road site is the maiden Singapore investment for LaSalle Asia Opportunity Fund III, which is planning to make about US$12 billion (S$17.4 billion) worth of acquisitions over the next three to four years. The fund is part of the Jones Lang LaSalle group.

Source : Straits Times - 07 Nov 2007

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985
mindy@mindyyong.com

http://www.hotvictory.com

S’pore ranked No. 1 logistics hub by World Bank

S’pore ranked No. 1 logistics hub by World Bank

Its edge lies in a highly efficient and reliable supply chain combined with competitive costs

By Yang Huiwen

SINGAPORE has emerged as the top country in terms of logistics - the process of handling and shipping goods.
The Netherlands, home to Europe’s biggest and busiest port, was second and Germany came in third, according to a World Bank survey.

Singapore’s trump card is its highly efficient and reliable supply chain combined with competitive costs.

Part of that integration and efficiency can be attributed to Portnet, a network portal that helps the logistics industry - from shipping lines and hauliers to freight forwarders and government agencies - manage information better.

Portnet uses infocommunication technology to simplify, synchronise and integrate complex processes such as the moving and tracking of cargo.

It also makes the transfer of information more efficient. Partners overseas can make plans regarding the cargo in Singapore and the information is then distributed to all parties involved.

The portal has helped to ‘transform the shipping and logistic industry into a proactive and connected hub driven by the intelligent management of information, making Singapore the world’s busiest container port’, said a spokesman for port operator PSA.

A spokesman for Neptune Orient Lines, a Singapore-based shipping and logistics company, said: ‘The World Bank ranking is confirmation of Singapore’s emergence as a true centre of excellence on the world stage in many areas of logistics.’

Two other Asian economies made the top 10 - Japan at sixth and Hong Kong at eighth. Mainland China surprised by making only the 30th spot, despite its booming global trade.

The survey polled 800 operators in the international freight sector and compiled the Logistics Performance Index (LPI) to gauge each country’s effectiveness.

The LPI ranked performance in seven areas, including traditional benchmarks such as Customs procedures, logistics costs and infrastructure quality. It also introduced new areas like the ability to track and trace shipments, timeliness in cargo reaching a destination and competence of the domestic logistics industry.

Expertise in logistics, as the survey noted, indicates that a country is also likely to do well in areas such as growth and competitiveness, export diversification and trade expansion.

It noted that reliability and predictability of shipments are becoming far more crucial than domestic costs or the time taken to reach a destination.

‘Being able to connect to global markets is fast becoming a key aspect of a country’s capacity to compete, grow, attract investment, create jobs and reduce poverty,’ said World Bank’s vice-president for poverty reduction and economic management, Mr Danny Leipziger.

‘But for those unable to connect, the costs of exclusion are large and growing.’

He was referring to low-income, landlocked and geographically isolated countries, especially those in Africa and Central Asia, which were the most logistically constrained.

Myanmar was fourth from the bottom, while Afghanistan came in last out of the 150 countries surveyed.

Highly ranked nations were typically hubs in the global logistics industry, such as the Netherlands and its port of Rotterdam.

While all developed countries emerged as top performers, the report found that there were significant differences among developing countries with similar levels of incomes.

Developing countries where trade was central to their economies outshone their peers. The survey cited China as an example - as a middle-income state, it ranked far higher than countries with greater levels of income, such as oil-exporting nations, which tend to underperform logistically.

The report also noted that high logistics costs and low levels of service were a barrier to trade and foreign direct investment, which in turn affected economic growth.

Coordinating border procedures between Customs and other agencies was also a key concern.

‘You can have very good Customs, but poor performance in only one or two areas of the supply chain has serious repercussions in the country’s economic performance, creating a perception of unreliability,’ said World Bank trade director Uri Dadush.

This is the second time this year that Singapore has come out tops in a World Bank country survey. In September, it was ranked the best country in which to do business.

Source : Straits Times - 07 Nov 2007

Singapore Property - Buy , Sell , Rent , Invest

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mindy@mindyyong.com

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Singapore Sentosa IR to cost $800m more, says Genting

Singapore Sentosa IR to cost $800m more, says Genting

Higher construction and labour costs and new attractions will bring the bill to $6b
By Arti Mulchand

THE price tag for Genting’s Resorts World at Sentosa will be bigger than expected as a result of higher construction costs and additional attractions, such as a new roller coaster, being lined up.
Genting International now expects to spend $6 billion on the project, 15 per cent more than its original budget of $5.2 billion, said its managing director Justin Tan.

Of that extra $800 million, $275 million will go into the higher-than-expected construction costs; another $275 million will pay for the added attractions, with the remaining $250 million being put aside for contingencies.

The company explained that while it had locked down the prices for concrete and steel, labour costs and contractors’ margins had shot up.

Mr Tan Hee Teck, the chief executive of Resorts World,said: ‘If you look at Singapore today, there is $20 billion worth of construction going on. And because resources are scarce, the cost has escalated by more than we had anticipated.’

Resorts World is not alone in being stung by the changing economics of the construction industry. Soaring demand and the high prices of sand and steel have also hit building projects across the island.

Just two months ago, the other integrated resort, Marina Bay Sands, also disclosed that it was ’struggling…to stay within budget’.

Las Vegas Sands president William Weidner reckoned in August that the project could cost up to US$1.4 billion (S$2.03 billion) more than expected as a result of higher construction costs, as well as refinements to the design.

The executive director of the Singapore Contractors Association Limited, Mr Simon Lee, noted that contractors were dealing with close-to-full order books and were therefore being ‘very selective’ about the projects they were taking on.

Projects are thus attracting fewer tenderers, he added - not good news for Resorts World, which will award about $1 billion in jobs by early next year.

But Mr Tan still expects the resort to be ready for a soft opening in early 2010.

Construction is on track, with more than half the excavation, piling and reclamation works already done.

Asked about the new attractions being planned, Mr Tan said that two new rides would be put into the Universal Studios theme park, including a new roller coaster.

He added that four new multimedia shows would also be added, some designed by Jeremy Railton, who was behind the 2002 Winter Olympic Games ceremonies in Salt Lake City in the United States.

Money was being put into these and design improvements, he said, in anticipation of a ‘bullish tourism outlook for Singapore and Asia in the next few years’.

Despite the higher budget, project returns to the resort are unlikely to be hit, the company said in its third-quarter results released yesterday.

It reported a loss of $393.4 million for the three months that ended on Sept 30, a reversal from the net profit of $86.9 million from a year earlier.

Source : Straits Times - 07 Nov 2007

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985
mindy@mindyyong.com

http://www.hotvictory.com

Cost of building Singapore Sentosa IR may climb to $6b

Cost of building Singapore Sentosa IR may climb to $6b

Resorts World factors in rising construction costs, new attractions, improved designs
By UMA SHANKARI
(SINGAPORE) The cost of the integrated resort (IR) on Sentosa could climb to as much as $6 billion - from an original $5.2 billion - as building costs escalate and more attractions are added.
Resorts World at Sentosa (RWS) yesterday said that it has revised its budget to $5.75 billion and made a further contingency provision of $250 million, taking the overall budget to some $6 billion.

$275 million of the confirmed $550 million budget increase can be attributed to new rides and attractions, improved hotel and resort designs and better transport and infrastructure. The other $275 million increase is due to rising construction costs, said Justin Tan, managing director of Genting International, which won the bid for the resort in December 2006.

The announcement by RWS comes after Marina Bay Sands said in August this year that its cost could escalate to $5.2 billion, from an original $5.05 billion.

Rising construction costs have affected developers island-wide. ‘We have been able to lock in the prices of concrete and structural steel at very competitive prices,’ said RWS senior director of projects Michael Chin. ‘Labour costs and margins of contractors, however, have risen significantly.’

Developers have also reported that projects are being delayed because by a shortage of contractors. Despite this, RWS yesterday said that construction is on track for the resort’s soft opening in early 2010.

More than 50 per cent of the overall excavation, piling and reclamation work has been completed and more than $600 million of construction contracts awarded, it said. Another $1 billion of contracts will be awarded by early 2008.

Mr Tan does not expect the new contracts to hold up the project’s completion. ‘At this point in time, we are in negotiations with some of these contractors,’ he said. ‘They have not indicated that (possible delay) to us.’ He also said that with the new attractions, plans for the resort are now final.

RWS yesterday announced six new attractions - two new rides at Universal Studios Singapore and four new performances that will be open to visitors free of charge.

Separately, Genting International reported a third-quarter loss because of an ‘impairment’ charge as a result of its acquisition of a UK casino group. Genting International lost $393.4 million in the three months ended Sept 30, compared with a profit of $86.9 million a year earlier.
Source : Business Times - 07 Nov 2007

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‘I don’t believe anything in the papers’ -HORIZON TOWERS HEARING

‘I don’t believe anything in the papers’ -HORIZON TOWERS HEARING

Sales committee member grilled on why he didn’t take heed of rising prices
By MICHELLE QUAH

(SINGAPORE) Suggestions that the Horizon Towers sales committee failed to act in owners’ best interests took centrestage when the Strata Titles Board (STB) hearing resumed yesterday.

The serious mien of the session was, however, periodically broken by moments of frivolity - some more tasteful than others.

Former sales committee secretary Wee Hian Siew spent a tough full day on the stand, as lawyers for the minority owners - those who didn’t agree to the collective sale - grilled him on how he and the sales committee handled the sale.

It is the minorities’ contention that the en bloc sale of Horizon Towers - to Hotel Properties and its partners for $500 million - was carried out in bad faith and should not be approved by the STB.

Philip Fong of Harry Elias Partnership questioned Mr Wee for almost three hours on the collective sale procedures carried out by the sales committee.

Mr Fong cited specific instances of when key procedures were not followed - such as when notices and circulars to owners on the collective sale were insufficient, untimely or inaccurate.

Mr Fong also asked why Mr Wee didn’t try to get a better sale price when it became known that residential property prices were beginning to soar; he referred Mr Wee to a Jan 11 Business Times article, ‘Developers revive interest in unsold collective sale sites’, reporting just such a surge in home prices.

Mr Wee’s response - ‘I don’t believe anything in the papers.’ - drew sniggers from the crowd.

When Mr Fong pressed on, saying that BT was ‘a respectable daily’, Mr Wee clarified his comment to mean that he felt ‘we should not take everything at face value’.

The protracted session, however, prompted several abrupt remarks from the tribunal’s chairman Philip Chan, who interrupted Mr Fong on more than one occasion - once, for an early lunch break and a second time to tell the senior lawyer that his allotted time was up.

Kannan Ramesh of Tan Kok Quan Partnership also subjected Mr Wee to a lengthy cross-examination.

He focused on the promise made to owners that they would get an 80 per cent premium if they sold their unit in an en bloc sale than if they were to sell them individually.

Referring again to the Jan 11 BT article - and the fact that neighbouring development, The Grangeford, had upped its minimum asking price by a quarter - Mr Ramesh said these should have alerted the Horizon Towers’ sales committee to the fact that property prices were rising, that the promised premium had been ’significantly eroded’ and that they should have done more to get a higher price.

Mr Wee said the sales committee did try but relied on the expert advice of their sales agent, Alvin Er, that $500 million was the best price they could get. He said it never occurred to him that he could seek advice from other experts.

The tribunal’s chairman, Mr Chan, then asked Mr Wee if he felt he had carried out the duties expected of a secretary of the sales committee.

That prompted Mr Wee to ask, ‘What do you mean by a secretary?’, to which Mr Chan retorted ‘without a skirt’ - a comment that drew an audible objection from some members of the viewing public.

The STB also rejected one majority owner’s application to have separate representation in this hearing.

Susanna Rusli had applied last week to participate in the hearing, separately from the other majority owners - but the board yesterday dismissed her arguments.

The hearing continues today with a second former sales committee member, Henry Lim, on the stand.
Source : Business Times - 07 Nov 2007

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Singapore Tampines office site attracts just one bid

Singapore Tampines office site attracts just one bid

Property consultants wonder if caution is creeping into this sector
By KALPANA RASHIWALA
(SINGAPORE) In a possible reflection that caution among developers may be extending to the office sector, a tender for a transitional office site in Tampines yesterday drew just one bid - from City Developments Ltd’s (CDL) unit Glades Properties.

The thin bidding may be due to concern that strong office demand currently outside the CBD is the result of an overflow of demand from the CBD.

And its bid of $10 million, which worked out to $80.65 psf per plot ratio (ppr), was lower than the $100 psf ppr region that most property consultants had expected the 15-year leasehold site to fetch.

The government has indicated recently that it will inject more office space into the market soon - a step that could cool prices. Some felt that yesterday’s bidding reflected caution on part of the developers while others suggested Tampines may not be a popular location among office investors.

They pointed out that the next-door 99-year leasehold office site offered through a tender that closed in May this year had also drawn just one bid, again from CityDev, although at a more substantial price of $622 psf ppr.

The maiden 15-year leasehold transitional office plot next to Newton MRT station attracted a whopping 11 bids with a top price of $219 psf ppr in August.

Whether the weaker sentiment among office investors is confined to Tampines or is spreading to the Central Business District (CBD) as well will be seen in a tender closing on Nov 13 for Marina View Land Parcel B, a 99-year leasehold site with stipulated minimum office and hotel components.
Property consultants polled by BT unanimously expect URA to award the 124,000 sq ft transitional office site at Tampines Ave 5 to CDL, despite its bid being the sole offer and that too at a price lower than expected.

‘Government should make the award since as a transitional office site, it is part of the interim solution to the acute office shortage here. Otherwise, the government objective would not be met,’ Knight Frank managing director Tan Tiong Cheng reasoned.

The Urban Redevelopment Authority said yesterday in response to a query by BT that ‘the government will continue to release more transitional office sites to meet business needs; details on these sites will be released shortly’.

Colliers International director (research and consultancy) Tay Huey Ying said: ‘If the government releases more transitional office sites in or near the CBD, I believe demand will be healthy.’

She reckons the thin bidding for the Tampines plot yesterday may be due to concern among developers that strong office demand currently outside the CBD is the result of an overflow of demand from the CBD.

‘There may be concern that post-2010, when there will be a large influx of new office space being completed within the CBD, the spillover demand for suburban offices may recede,’ she added.

‘Next week’s tender for Marina View Land Parcel B will be interesting to watch, to see whether developers are also concerned about office supply in the CBD itself,’ she added.

CB Richard Ellis executive director Li Hiaw Ho said: ‘That is a much better site (than today’s Tampines plot), although I do not expect a lot of bidders because it is a huge site with a substantial outlay.’

Source : Business Times - 07 Nov 2007

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Singapore Govt will remove hurdles to Jurong Island’s boom

Singapore Govt will remove hurdles to Jurong Island’s boom

ExxonMobil, Shell projects will give big edge to S’pore chemicals sector: PM
By NISHA RAMCHANDANI

(SINGAPORE) ExxonMobil Chemical Company’s massive new petrochemical project here will make Jurong Island the company’s biggest integrated manufacturing site worldwide and a strong endorsement of Singapore’s pro-business environment.

Speaking yesterday morning at the ground- breaking ceremony, Prime Minister Lee Hsien Loong said the government will do all it can to ensure sufficient resources to support the building of new plants.

‘In anticipation of the construction boom in the chemical industry, the government has acted to head off potential supply constraints,’ he said.

‘Jurong Island’s security checkpoint will be expanded to cope with the heavier traffic, especially during peak hours. And earlier this year, we streamlined our foreign worker rules to make them more flexible.

‘The government is committed to providing companies with the necessary support to create and extract maximum value from their projects.’

The chemical complex, expected to come on stream in early 2011, is estimated to cost more than US$4 billion. It will include a one million tonnes per year ethylene steam cracker; two 650,000 tonnes polyethylene units; a 450,000 tonnes polypropylene unit; a 300,000 tonnes specialty elastomers unit; an aromatics extraction unit to produce 340,000 tonnes per year of benzene; and an oxo-alcohol expansion of 125,000 tonnes per year.

A 220 megawatt co-generation power plant will also be built.

The complex - with ExxonMobil’s 605,000 barrels per day (bpd) refinery here - makes the company Singapore’s single largest foreign manufacturing investor.

The output of the chemicals cluster at S$74 billion is higher than that of electronics. And strong growth is expected in the next 10 years.

Shell is building a US$3 billion petrochemical cracker complex here, expected to be completed in 2009-10. And when ExxonMobil and Shell’s crackers come on stream, this will double Singapore’s ethylene output to 4 million tonnes a year.

‘This critical mass of ethylene will allow the industry to capture value from new chemical chains and produce specialty and higher-value chemicals and polymers,’ Mr Lee said.

‘We can move from commodities to specialties, strengthening competitiveness and distinguishing ourselves from other chemical-producing regions such as China and the Middle East.’

ExxonMobil’s new plant will be able to convert a wide variety of feedstock into higher-value products, said Kwa Chong Seng, chairman and managing director of ExxonMobil Asia Pacific. The specialty elastomers unit, for instance, will produce new metallocene-based Vistamaxx specialty elastomers. Vistamaxx will be used for next-generation medical, automative and apparel materials.

Mr Kwa said up to 10,000 people will be hired to construct the plant and 400 to run it when it comes on stream.
Source : Business Times - 07 Nov 2007

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