Archive for December 8th, 2007

Owners of Beach Road Singapore building face $300,000 debt

Posted on December 8th, 2007 by Mindy Yong.
Categories: Singapore Real Estate News.

Owners of Beach Road Singapore building face $300,000 debt

Amount includes legal costs and unpaid cleaning and security bills

By Tan Hui Yee, Housing Correspondent
FIXING THE MATTER: Owners of units at The 101 building refuse to raise their monthly management fees but have voted to give the council, chaired by Mr Thomas Tan (left), the power to recover the money owed. On the right is Mr Cher Choon Hua, who owns a shop unit.

PAST building management financial woes have come back to haunt the owners of homes, shops and offices at a Beach Road building.
Each owner at The 101 building faces the prospect of forking out about $6,000 to $35,000, depending on their properties, to cover an outstanding debt of $300,000.

The debt, accumulated in recent years, is a hotchpotch of unpaid cleaning and security bills, as well as legal costs run up in a failed bid to recover unpaid carparking fees, among other things.

One of the home owners, Madam Tan Lee Sung, 77, told The Straits Times: ‘The money was not used by me. Why should I pay?’

The current management council is looking to see if its predecessors are liable for the debt. Things, however, could escalate if the debts remain unpaid, and creditors seek court orders.

The six-storey, roughly 20-year-old mixed development has 20 apartments and seven shops and office units.

A seafood restaurant and a steamboat outlet occupy the ground floor, while most of the apartments above are leased out by their owners.

Like all strata-titled buildings, it is run by a management council whose members are picked from the owners.

According to The 101’s council chairman, Mr Thomas Tan, 60, who took office about a month ago, the $300,000 debt arose partly because the former councils sued some owners for alleged non-payment of carparking fees and unauthorised alteration and use of common areas, among other things.

The council lost the lawsuits and found itself saddled with legal fees.

In October 2005, the management had $168,500 in its kitty, but this was whittled down to $12,150 by April this year. Its creditors have taken out court orders to freeze its bank account.

A former council chairman, businessman Tan Fung Chuan, 50, offered a different explanation for the debts. He pointed the finger at low maintenance contributions that the owners voted to pay in 2005.

At a meeting then, an owner had tabled a resolution to cut the total management fee collected every month from $7,000 to $3,000. Mr Tan said that was barely enough to pay for the building’s operating costs.

He said: ‘A reasonable operating fee should be $8,000 to $12,000.’

He added that the lawsuits against individual owners were taken out on legitimate grounds, as the owners had violated Singapore’s building regulations.

‘We wanted to comply with the authorities’ guidelines.’

At a heated meeting at The 101 on Thursday, unit owners voted to give their current council the power to take various steps to scrutinise its books for possible financial irregularities.

They have also voted to let the council claim money back from former council members and anyone else, if any wrongdoing is proven.

The owners refused, however, to raise their monthly contributions.

The council intends to try again to get the owners to agree to higher fees at another meeting soon.

Meanwhile, Mr Thomas Tan said his team would just focus on setting things right if it turned out to be a simple case of bad judgment on the part of the previous councils.

‘If it is proven that this current state of finances is due to ignorance or a bad judgement call, personally, I may try to convince owners to let it go and move on.’
Source : Straits Times - 08 Dec 2007

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com

http://www.hotvictory.com

Singapore economy tipped to grow more than 6% next year

Posted on December 8th, 2007 by Mindy Yong.
Categories: Singapore News.

Singapore economy tipped to grow more than 6% next year

Experts revise forecasts down slightly but say construction and property will sizzle

By Erica Tay, Economics Correspondent

DESPITE a cloud of gloom over the United States, private economists here expect Singapore’s economy to grow at a still-respectable rate of more than 6 per cent next year.
The upbeat finding came in a Monetary Authority of Singapore (MAS) quarterly survey of local economists.

The survey produced a median growth forecast of 6.3 per cent for next year. The median is the mid-

point across the spectrum of predictions of those surveyed.

This represents a very slight downgrade from the 6.5 per cent median obtained in the previous survey conducted by the MAS in September.

‘The most likely outcome, according to the respondents, is for the Singapore economy to grow by between 6 per cent and 6.9 per cent next year,’ said the survey report.

Analysts say the US faces a possible recession in the wake of the sub-prime mortgage crisis that has triggered a global credit crunch in recent months.

Nevertheless, Singapore’s growth for this year is expected to come in higher than the market had forecast three months ago.

The median of 18 economists surveyed is for Singapore’s gross domestic product (GDP) to expand by 8 per cent this year.

That is up from the 7.5 per cent economic growth rate tipped in the previous survey.

This higher forecast follows stronger-than-expected third quarter growth of 8.9 per cent.

Economists predict that the sizzling construction sector, fuelled by the red-hot property market, will continue to power ahead at a double-digit growth rate.

However, they expect the financial services sector to expand at only slightly over half its pace this year.

The manufacturing sector is also tipped to grow at a slower rate next year.

On the other hand, the market outlook for inflation - the general rise in the price of goods and services - is that it will increase next year.

Economists’ forecasts for inflation range from a low of 2.5 per cent to a high of 4.2 per cent, but the median forecast is for consumer prices to rise by 3.7 per cent next year.

As for this year, the inflation projection was also lifted to a median of 2 per cent from 1.5 per cent in the September survey.

The higher predictions came after inflation hit a 16-year high of 3.6 per cent in October.

Although the global economy is likely to slow down further, the market is forecasting a slight improvement in Singapore export growth next year.

A stronger Singapore currency is on the cards - at least versus the US dollar, which has been on a weakening track, according to most analysts.

The Singdollar is predicted to end next year at $1.40 to the US dollar, says the median consensus.

Yesterday, the Singdollar was trading at about $1.44 to the greenback.

At least one analyst believes the local currency will strengthen to reach $1.34 to the greenback. At the other end of the range is a forecast of $1.46.

Source : Straits Times - 08 Dec 2007

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com

http://www.hotvictory.com

Budget carriers here get green light on S’pore-KL route

Posted on December 8th, 2007 by Mindy Yong.
Categories: Singapore News.

Budget carriers here get green light on S’pore-KL route

Flights will start in February, with fares up to 80% less than what they are now

By Karamjit Kaur, Aviation Correspondent

SINGAPORE’S two low-cost carriers, Tiger Airways and Jetstar Asia, will get to fly to Kuala Lumpur when the route is liberalised in February, the Transport Ministry announced yesterday.
Round-trip fares, excluding taxes and other surcharges, will start at $56, Jetstar said several hours after the news became official.

Tiger will offer fares ‘comparable to coach travel on a consistent basis’ its spokesman said.

It costs under $100 for a return ticket to KL on a luxury bus with about 16 seats.

The fares are up to 80 per cent less than what travellers now pay.

Tiger and Jetstar will each fly once a day between the two capitals, the Transport Ministry said in announcing the decision of the Singapore Air Traffic Rights Committee, which doles out flying rights.

Cheaper fares
When: Services for the Singapore-Kuala Lumpur route start from Feb 1

Cost: Return air fares from $56 (excluding taxes and other surcharges)

JETSTAR ASIA

Operates out of Changi Airport Terminal 1

Free online seat selection

Pre-assigned seating

20kg baggage allowance

TIGER AIRWAYS

Flies out of Budget Terminal

Free seating. An assigned seat costs $5 more per traveller

15kg luggage allowance.

Singapore Airlines (SIA) and Malaysia Airlines (MAS), which dominate the market, charge about $300 for a round-trip ticket, excluding taxes and other surcharges.

Jetstar chief executive officer Chong Phit Lian said that she was ‘most delighted with the approval’.

The airline which operates out of Terminal 1 at Changi Airport, offers free online seat selection, pre-assigned seating and a 20kg baggage allowance, she said.

Tiger, which flies out of the Budget Terminal, has a free seating policy and a 15kg luggage allowance. An assigned seat costs $5 more per traveller.

The opening of the Singapore-KL route to budget carriers comes after years of lobbying from travellers and airlines on both sides of the Causeway.

A breakthrough came when Singapore and Malaysia announced late last month that at least one low-cost carrier from each side will be allowed to operate two daily flights.

AirAsia is expected to get the Malaysian rights.

All restrictions on the lucrative route have been lifted. Airlines on both sides are now able to fly as often as they want.

This is in line with an Asean drive to free up air links between capital cities of the 10-member bloc by December next year.

The Singapore-Malaysia pact that regulates air travel was last expanded in 1980.

A separate deal between SIA and MAS, which together operate about 85 per cent of the over 200 flights a week between Singapore and KL, allows them to set fares, plan schedules and split revenues equally.

A handful of other carriers including Japan Airlines and Air Mauritius, fly via Singapore to KL under rules that allow foreign airlines to pick up passengers in transit.
Source : Straits Times - 08 Dec 2007

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com

http://www.hotvictory.com

Singapore Six parks in east now fully linked

Posted on December 8th, 2007 by Mindy Yong.
Categories: Singapore News.

Singapore Six parks in east now fully linked

By Lin Xinyi

THE final puzzle piece in a $22 million trail network snapped into place yesterday near the Changi Airport.
With the completion of an 8km stretch of bike paths and greenery, the Eastern Coastal Park Connector, officially opened. The 42km network, which took a decade to complete, links six parks in the east.

Outdoor enthusiasts have been eagerly awaiting the connector, which is part of an ambitious island-wide lattice of parks and trails.

‘The Park Connector Network is an important part of our plans to transform Singapore into a City-in-a-Garden,’ said Minister for National Development Mah Bow Tan yesterday.

‘Our vision of Singapore is one where our city is nestled within lush greenery, with green lungs set among buildings and built-up facilities.’

The newest stretch forms part of a loop that links East Coast Park, Changi Beach Park, Pasir Ris Park, Bedok Reservoir Park, Sun Plaza and Bedok Town Park.

The other connectors within the loop are at Siglap, Tampines, Pasir Ris, Loyang, Changi and Bedok.

The Eastern coastal grid is part of the National Parks Board’s (NParks) Park Connector Network - an islandwide network of open spaces that link major parks, nature sites and housing estates in Singapore.

Park connectors are usually found alongside the many rivers and canals that flow through the island. They are sometimes used as convenient shortcuts to MRT stations and schools.

The Eastern section is the first of seven loops to be completed, with the Western Park Connector Network expected to be next in line.

Other loops are Kallang- Serangoon, Northern, North Eastern, Southern Ridges and Siglap-Kallang Basin Loops.

So far, 100km of park connectors have been completed, with another 100km set to be built by 2015.

It is uncertain how long the entire network will be and when it will be completed.

The NParks plans to set up a bike rental system in the eastern section where people can rent a two-wheeler at one park and return it at another.

The four proposed drop-off points are in Telok Kurau Park, Bedok Town Park, Pasir Ris Town Park and Changi Beach Park.

The Eastern network has no shortage of scenic spots. Pasir Ris Park boasts a 6ha mangrove forest, while the coastline at Changi Beach Park offers view of the sunset.

A connector near Changi Airport provides glimpses of planes taking off.

Mr Nick Rienstra, 56, who cycles six days a week, welcomed the Eastern link.

Said the retiree: ‘Riding on the park connectors is far superior to riding on roads. Not only is it safer, and faster, but the the route is more picturesque.’

‘Now, I’m just hoping to spot the A380 airplane the next time round.’

Source : Straits Times - 08 Dec 2007

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com

http://www.hotvictory.com

Finally, Singapore Horizon Towers en bloc sale gets go-ahead

Posted on December 8th, 2007 by Mindy Yong.
Categories: Singapore Real Estate News.

Finally, Singapore Horizon Towers en bloc sale gets go-ahead

Strata Titles Board rejects objections from minority owners, who have a month to appeal

By Joyce Teo, Property Correspondent

AFTER months of sometimes bitter wrangling, the collective sale of Horizon Towers looks set to go ahead.
The latest chapter of the saga drew to a close yesterday when the Strata Titles Board (STB) granted an order for the $500 million sale to proceed.

This is in time for the sale of the 99-year leasehold Leonie Hill estate to be wrapped up before a Dec 11 deadline.

The buyers are Hotel Properties (HPL) and partners Morgan Stanley Real Estate and Qatar Investment Authority.

The minority owners objecting to the sale have one month to appeal against the decision. They have yet to indicate if they will do so.

The Horizon Towers saga started earlier this year because several owners were unhappy with the sale price given that prices had surged by the time the HPL-led consortium bought the site at the $500 million reserve price.

The buyers, who had earlier filed a lawsuit against the majority owners for alleged breach of contract, are maintaining their right to sue until the sale is complete.

HPL director Christopher Lim yesterday said: ‘We are pleased that the STB has allowed the collective sale and rejected the objectors’ case, including their allegations of bad faith.’

More than 60 people turned up for the STB decision. The STB tribunal’s chairman Philip Chan announced that the application had been granted. The grounds of decision will be out in due course.

He said the board rejected various points put forward in opposition to the sale. One, a constitutional point, involved a few objectors arguing that en bloc rules infringed fundamental rights.

Other points involved whether the requisite 80 per cent minimum approval level had been obtained and procedural requirements met.

The STB tribunal said it had been guided by the Phoenix Court case. The collective sale of the St Thomas Walk pro- perty was approved. An objecting couple appealed against the STB decision, but the High Court upheld the STB order on Nov 9.

Another point dealt with whether the deal was done in good faith, including the sale price and proposed method of distribution of funds.

The tribunal said one key issue was the purpose of the en bloc rules - to facilitate such sales.

An industry observer said: ‘Generally, there has been a paradigm shift in the approach to interpreting collective sale rules, from a literal manner to a purposive way.’

Mr K Shanmugam of Allen & Gledhill, representing the buyers, said: ‘Our client entered into the transaction in good faith and paid what was then a record price for the property.’

‘The application should therefore have proceeded smoothly, but the market changed. As a result, the case went through a number of critical junctures,’ he said.

They are, however, happy with the end result, he added.

The consortium bought Horizon Towers back in January. The sale application was thrown out by the same STB tribunal in early August because of three missing pages.

The buyers then took out the lawsuit, filed an appeal with the High Court and had the sale deadline extended by four months to Dec 11, as allowed by the contract.

In October, the High Court sent the case back to STB.

Recently, two collective sale applications were rejected by the STB - Airview Towers in St Thomas Walk and Finland Gardens in East Coast Terrace and Avenue.
Source : Straits Times - 08 Dec 2007

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com

http://www.hotvictory.com

Lippo’s Sentosa Singapore condo at about $2,750-2,900 psf

Posted on December 8th, 2007 by Mindy Yong.
Categories: Singapore Real Estate News.

Lippo’s Sentosa Singapore condo at about $2,750-2,900 psf

By KALPANA RASHIWALA

LIPPO Group is said to have priced its Marina Collection condo, a 99-year leasehold project on Sentosa Cove, at about $2,750-2,900 psf on average.

It has sold about half of the 60 or so units it has released so far.

Over the past few days, the group, controlled by Indonesia’s Riady family, is said to have sold about half of the 60 or so units it has released so far in the 124-unit, four-storey development next to the One Degree 15 Marina Club. The development comprises three blocks.

Lippo is developing the condo jointly with the Marina Club, OCBC and Austria’s Raiffeisen Zentralbank (RZB).

Buyers will be given a free membership at One Degree 15 Marina Club for each unit of Marina Collection they purchase. The memberships are currently said to be going for above $40,000 each.

Lippo’s price appears to be slightly higher than the $2,600 psf net average achieved for the previous condo launch at Sentosa Cove - Ho Bee’s Turquoise.

The project was released in September and to date, Ho Bee is said to have sold 45 out of the 60 units it has released so far out of 91 units in the six-storey condo.

Marina Collection comprises three-, four-, and five-bedroom apartments as well as penthouses. Three-bedder units cost about $5.4 million while penthouses are priced at $10 million and above.

The 30 or so units Lippo has sold so far include five penthouses.

There are about 30 penthouses altogether.

The Lippo-led consortium is developing Marina Collection on a plot that it bagged at a tender that closed in September last year for $234.7 million or $818 psf per plot ratio (ppr).

Lippo’s pricing for its Marina Collection will no doubt be used by property developers to peg their bids at next week’s tender for the Pinnacle Collection - the last condo plot at Sentosa Cove.

The plot, which has a choice location at the entrance to the precinct’s marina basin, has a reserve price of $963.8 million or $1,600 psf ppr.
Source : Business Times - 08 Dec 2007

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com

http://www.hotvictory.com

S’pore bankers upbeat about fatter bonuses

Posted on December 8th, 2007 by Mindy Yong.
Categories: Singapore News.

S’pore bankers upbeat about fatter bonuses

By CHOW PENN NEE

(SINGAPORE) Despite market volatility stemming from the sub-prime crisis in the United States, Singapore-based bankers are counting on higher bonuses this year, and are optimistic about next year as well.

‘The expectation of swelling bonuses may be linked to the fact that Singapore-based bankers are paid less than their global counterparts.’

- Sarah Butcher,

So says a worldwide survey of 20,270 employees working in financial services, conducted by eFinancialCareers.com, a global financial careers website.

The study found that slightly over half of Singapore bankers expect to receive higher bonuses than last year, and only about 17 per cent expect their bonuses to be lower than the bumper payouts of 2006.

Sarah Butcher, editor of eFinancialCareers.com, said: ‘The expectation of swelling bonuses may be linked to the fact that Singapore-based bankers are paid less than their global counterparts. She added that the survey revealed that the average Singapore banker received a bonus equivalent to 44 per cent of salary last year, compared with 76 per cent in Hong Kong and 58 per cent in the US.

Hong Kong bankers share similar optimism about bonuses, with also slightly more than half of them expecting to receive higher bonuses than last year, and only 14 per cent anticipating lower bonuses.

In contrast, 60 per cent of UK bankers believe bonus levels will be down next year.

Globally, the survey showed that equity capital markets and M&A bankers are the most optimistic when it comes to predicting this year’s bonuses. A BT report said investment banks in Singapore earned over 45 per cent more in the year to date than in the corresponding period last year, driven by growth in fees in mergers and acquisitions, equity capital markets and debt capital markets. Due to sub-prime woes, debt capital markets and credit-focused bankers are the most pessimistic, said the survey.

Bonuses are not the only thing Singapore bankers are upbeat about, as 42 per cent expect business to improve in the coming year. Bankers from China and Hong Kong are similarly upbeat, with 56 per cent and 41 per cent respectively, forecasting a better 2008.

By comparison, about 40 per cent of UK bankers expect business to worsen next year, while about one-third of US, French and German bankers also predict that conditions will deteriorate.

Ms Butcher explained: ‘The notable optimism of finance employees in Asia is no surprise as the growth of industries amid China’s economic boom has led to increased business activity and a climate of promise throughout the entire region.’
Source : Business Times - 08 Dec 2007

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com

http://www.hotvictory.com

Economists take paring knife to ‘08 growth forecast

Posted on December 8th, 2007 by Mindy Yong.
Categories: Singapore News.

Economists take paring knife to ‘08 growth forecast
18 forecasters polled by Singapore MAS see growth slowing sharply in H1 2008
By ANNA TEO
(SINGAPORE) Economists have pared their forecasts for Singapore’s 2008 GDP growth to a median 6.3 per cent, from 6.5 per cent three months earlier.
Eighteen market economists who responded to the Monetary Authority of Singapore’s quarterly survey of professional forecasters last month estimated that the economy will grow 7.7 per cent in the current final quarter, down from Q3’s 8.9 per cent pace.

This will bring full-year growth to 8 per cent, at the top end of the official projected range. For the first nine months of 2007, GDP growth averaged 8.1 per cent.
The latest MAS poll findings also see GDP growth slowing sharply in the first half of 2008 to a median 7 per cent in Q1 and 6.1 per cent in Q2. Growth is then forecast to hold at around 6 per cent through the remaining quarters for a year-round pace of 6.3 per cent.

Most likely, the economy will grow between 6 and 6.9 per cent next year.

But there is also a 31 per cent chance of 2008 growth averaging between 5 and 5.9 per cent, while the probability of growth hitting 7 per cent or higher is seen to be just over 21 per cent.

Last month, the Ministry of Trade and Industry raised its early forecast of Singapore’s 2008 growth by half a percentage point to 4.5-6.5 per cent.

Going by past survey results, the economy has tended to outperform the market forecasts.

In the latest poll, conducted about three weeks ago, economists expect broad-based GDP growth across the manufacturing and services sectors to continue in 2008.

The construction sector, notably, is forecast to grow 13.5 per cent, leading growth among the key sectors.

Consumer inflation is expected to surge from an estimated 2 per cent in 2007 to 3.7 per cent next year, while unemployment is forecast to remain at around 2 per cent.
Source : Business Times - 08 Dec 2007

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com

http://www.hotvictory.com

Get ready for super-low Singapore - KL airfares

Posted on December 8th, 2007 by Mindy Yong.
Categories: Singapore News.

Get ready for super-low Singapore - KL airfares

By VEN SREENIVASAN

(SINGAPORE) Singapore-Kuala Lumpur airfares from $1 one-way? No, it’s not a typing error.
Singapore’s Ministry of Transport said yesterday Tiger Airways and Jetstar Asia have been awarded the rights to operate daily Singapore-KL return flights from Feb 1, 2008.

Jetstar Asia CEO Chong Phit Lian said that her airline’s ticket prices will be ‘70 per cent below’ those now charged on the route by Singapore Airlines (SIA) and Malaysia Airlines (MAS).

‘We will be starting multi-tier flights to KL starting at $28, $38 and $48 each way,’ she said. ‘By the end of December 2008, we expect to operate at least six flights a day to KL, subject to time-slot filing.’

Tiger CEO Tony Davis said: ‘We have consistently said we will be very competitive.’

And he wasn’t kidding. Hours later, Tiger said in a statement that its fares will start from $1 one way, excluding taxes and fees.

‘Tiger’s low, low fares will benefit commercial and business travellers who want affordable flights between the two countries,’ the statement said.
The moves come after the governments of Singapore and Malaysia decided to partly liberalise the much sought-after - but sewn-up - route almost a year before Asean’s partial open skies policy kicks in next December.

The Singapore-KL sector has been a virtual duopoly between SIA and MAS, which have controlled it under a decades-old Air Services Agreement between the two countries.

At press time last night, there was no announcement from the Malaysian side as to whether the two daily services from KL to Singapore will go to Tony Fernandes’s AirAsia or will be shared between AirAsia and MAS’s low-cost start-up, Firefly. But Mr Fernandes said last month that the Malaysian authorities would give his airline both services.

Meanwhile, the Civil Aviation Authority of Singapore (CAAS) said that it has been told by AirAsia that the latter will soon apply for permits to fly into Changi Airport.

Whatever the case, the days of $300-400 return airfares between Singapore and KL are over.

Qantas associate Jetstar Asia and SIA associate Tiger Airways are moving quickly to prepare for the launch of their KL services.

‘We have applied for slots at Singapore and KL and are awaiting their response,’ said Tiger boss Mr Davis.

Jetstar Asia’s Ms Chong said that her airline wants an afternoon slot.

The airline will recall one of its seven A320 planes now on lease to its Australian sister airline Jetstar for its Singapore-Darwin-Cairns service. The plane will be redeployed on the Singapore-KL, Singapore-Macau and Singapore-Jakarta routes, where Jetstar Asia says demand and loads have picked up significantly.

Meanwhile, SIA says that it is ready for the opening of the Singapore-KL route. ‘We have no concerns with the admission of new airlines,’ said SIA spokesman Stephen Forshaw. ‘We stand for liberalisation and free and fair competition wherever it occurs. The allocation of new capacity will generate growth in the market, and that will benefit all players . . . We will price our fares competitively, reflecting the quality of the products and services that we offer.’

Turning to speculation that SIA could drop its fares to bargain basement levels - as it has done on other routes where budget carriers emerged - Mr Forshaw said: ‘Fares are a function of demand in the market and we won’t be telegraphing to our new competitors what we intend to do on the route.’

Many industry observers reckon that the KL-Singapore route is significantly under-served. There are just 196 weekly flights between the two cities, compared with 375 between Singapore and Jakarta and well over 307 between Singapore and Bangkok.
Source : Business Times - 08 Dec 2007

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com

http://www.hotvictory.com

STB approves en bloc sale of Horizon Towers - Singapore

Posted on December 8th, 2007 by Mindy Yong.
Categories: Singapore Real Estate News.

STB approves en bloc sale of Horizon Towers - Singapore

But it may not spell end of saga as minority owners who oppose sale may still appeal
By MICHELLE QUAH

(SINGAPORE) Almost a year of wrangling and millions of dollars in legal fees later, the controversial en bloc sale of Horizon Towers was eventually approved yesterday by the Strata Titles Board (STB).
Still, the board’s verdict by no means spells the end of the long-running saga - minority owners who oppose the sale could still appeal. That would put the sale on hold, and could mean another round of protracted legal disputes.

The STB’s much-awaited decision on Horizon Towers was delivered before a packed room in the board’s Maxwell Road headquarters. Tribunal chairman Philip Chan read out the prepared statement solemnly, before four teams of lawyers and some 70 owners, curious onlookers and the media.

Acknowledging that this collective sale ‘lasted longer than most other en bloc (sales)’ that have come before the STB, Mr Chan said that his tribunal eventually decided to grant the application for the collective sale of Horizon Towers, after considering the various merits of the case.

He said that the board had been ‘particularly guided’ by the recent decision reached in the Phoenix Court en bloc sale and the parliamentary debates on recent amendments to the legislation governing en bloc sales.

In the Phoenix Court case, Justice Andrew Ang threw out the sole minority owner’s objection to the collective sale of the freehold apartment block at St Thomas Walk. Justice Ang determined that it was important to look at the purposive nature of the law governing collective sales, which requires that 80 per cent of owners have to agree to the sale before it can go through. As the requisite majority was obtained in the Phoenix Court case, Justice Ang ruled that the transaction was not prejudicial to the minority - as the law had intended.

A similar stance was adopted by Senior Minister of State for Law, Associate Professor Ho Peng Kee, and Deputy Prime Minister and Law Minister S Jayakumar in the recent parliamentary debates on amendments to the Land Titles (Strata) Bill.

Prof Ho had said requiring 100 per cent consent among owners for an en bloc sale was untenable, as it would cause delays in any sale, acrimony and incur costs. He said that amendments to the law would provide adequate safeguards to protect minority interests and that the existing 80 per cent or 90 per cent majority required - depending on the age of the development - was satisfactory. DPM Jayakumar agreed that amendments to the Bill would provide more safeguards and transparency for all owners.

Tribunal chairman Mr Chan also said yesterday that the minority owners who opposed the sale had failed to prove their case that the transaction had been carried out in bad faith. The minorities had alleged, among other things, that the sales committee and its sales agent had not worked hard enough to get the best price possible for the development.

The tribunal will issue detailed grounds for its decision at a later date. It ruled yesterday that no order would be made for costs, meaning that the minority would not have to bear any portion of the costs of the proceedings.

The gallery’s reaction to the tribunal’s decision was muted - surprising for a case that has caused much emotional upheaval for its owners. Owners received the verdict quietly and shuffled out of the room.

The minority owners, who feel they will lose their homes with this sale, were accepting of the verdict. ‘The decision was not unexpected. We have done and will do what is principally correct,’ said Jasmine Tan, who declined to comment at this point on whether she would appeal against the STB’s decision.

And, expectedly, the majority owners - the over-80 per cent who agreed to the collective sale - were relieved with the STB’s decision. They face the threat of being sued for up to $1 billion by the buyers, Hotel Properties (HPL) and its partners, if the deal falls through.

Said a group of some 80 majority owners: ‘We are happy with the decision and very pleased that the en bloc is going through. We look forward to the buyers confirming that they will proceed with the deal and withdrawing the legal suits they have started against some owners.’

HPL and its partners, for their part, have expressed their happiness with STB’s decision - but have held back on any decision on the lawsuit, pending the actual completion of the sale.

‘We are pleased that the STB has allowed the collective sale and rejected the objectors’ case, including their allegations of bad faith,’ said HPL executive director Christopher Lim.

The buyers’ lawyer, Senior Counsel K Shanmugam of Allen & Gledhill, added: ‘Our client entered into the transaction in good faith and paid what was then a record price for the property. The application should therefore have proceeded smoothly, but the market changed. As a result, the case went through a number of critical junctures. We are, however, happy that the end result is that the tribunal has ruled that the sale should now go ahead.’

Source : Business Times - 08 Dec 2007

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com

http://www.hotvictory.com

Bishan HDB Flat for Sales - 08.12.2007

Posted on December 8th, 2007 by Mindy Yong.
Categories: HDB / HUDC -For Sale.

Bishan HDB Flat for Sales - 08.12.2007

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

TNR=Tenure, DT=District, BDRM=Bedroom, AREA=Built-In, STR=Storey, Price $K=In Thousand

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

Type — 3
District — 20
Estate — BISHAN, BLK 171 #06 ABOVE
Area — 688
Age — 19
Bedroom — 2
Psf — 334
PRICE$ — 230000
Type — 3S
District — 20
Estate — BISHAN, BLK 133 #05 BELOW
Area — 689
Age –
Bedroom — 2
Psf — 331
PRICE$ — 228000
Type — 3S
District — 20
Estate — BISHAN, BLK 171 #07 BELOW
Area — 0
Age –
Bedroom — 2
Psf — null
PRICE$ — 250000
Type — 4
District — 20
Estate — BISHAN, BLK 124 #09-117
Area — 0
Age –
Bedroom — 3
Psf — null
PRICE$ — 350000
Type — 4
District — 20
Estate — BISHAN, BLK 156 #05 BELOW
Area — 1119
Age — 18
Bedroom — 3
Psf — 295
PRICE$ — 330000
Type — 4
District — 20
Estate — BISHAN, BLK 175 #05 BELOW
Area — 893
Age — 20
Bedroom — 3
Psf — 342
PRICE$ — 305000
Type — 4
District — 20
Estate — BISHAN, BLK 254 #06 BELOW
Area — 0
Age — 15
Bedroom — 3
Psf — null
PRICE$ — 335000
Type — 4
District — 20
Estate — BISHAN, BLK 266 #12 ABOVE
Area — 1162
Age — 15
Bedroom — 3
Psf — 370
PRICE$ — 430000
Type — 4A
District — 20
Estate — BISHAN, BLK 113 #07 BELOW
Area — 1119
Age — 19
Bedroom — 3
Psf — 331
PRICE$ — 370000
Type — 4A
District — 20
Estate — BISHAN, BLK 123 #04-15
Area — 1130
Age — 20
Bedroom — 3
Psf — 336
PRICE$ — 380000
Type — 4A
District — 20
Estate — BISHAN, BLK 124 #06 ABOVE
Area — 0
Age –
Bedroom — 3
Psf — null
PRICE$ — 350000
Type — 4A
District — 20
Estate — BISHAN, BLK 205 #04 ABOVE
Area — 0
Age –
Bedroom — 3
Psf — null
PRICE$ — 450000
Type — 4A
District — 20
Estate — BISHAN, BLK 207 #03 BELOW
Area — 0
Age –
Bedroom — 3
Psf — null
PRICE$ — 510000
Type — 4A
District — 20
Estate — BISHAN, BLK 213 #02-229
Area — 1237
Age –
Bedroom — 3
Psf — 348
PRICE$ — 430000
Type — 4A
District — 20
Estate — BISHAN, BLK 214 #08-217
Area — 1130
Age –
Bedroom — 3
Psf — 359
PRICE$ — 406000
Type — 4A
District — 20
Estate — BISHAN, BLK 223 #08-141
Area — 1119
Age –
Bedroom — 3
Psf — 357
PRICE$ — 400000
Type — 4A
District — 20
Estate — BISHAN, BLK 226 #04 BELOW
Area — 1151
Age — 13
Bedroom — 3
Psf — 291
PRICE$ — 335000
Type — 4A
District — 20
Estate — BISHAN, BLK 235 #07 ABOVE
Area — 1162
Age — 15
Bedroom — 3
Psf — 379
PRICE$ — 440000
Type — 4A
District — 20
Estate — BISHAN, BLK 249 #08 ABOVE
Area — 1119
Age — 15
Bedroom — 3
Psf — 349
PRICE$ — 390000
Type — 4A
District — 20
Estate — BISHAN, BLK 250 #03 ABOVE
Area — 1130
Age — 15
Bedroom — 3
Psf — 327
PRICE$ — 370000
Type — 4A
District — 20
Estate — BISHAN, BLK 255 #08 ABOVE
Area — 1119
Age –
Bedroom — 3
Psf — 0
PRICE$ — 0
Type — 4A
District — 20
Estate — BISHAN, BLK 262 #01 ABOVE
Area — 1076
Age –
Bedroom — 3
Psf — 265
PRICE$ — 285000
Type — 4A
District — 20
Estate — BISHAN, BLK 266 #06 ABOVE
Area — 1184
Age — 12
Bedroom — 3
Psf — 465
PRICE$ — 550000
Type — 4A
District — 20
Estate — BISHAN, BLK 268 #06 BELOW
Area — 1119
Age — 15
Bedroom — 3
Psf — 357
PRICE$ — 400000
Type — 4A
District — 20
Estate — BISHAN, BLK 285 #14 ABOVE
Area — 0
Age — 15
Bedroom — 3
Psf — null
PRICE$ — 370000
Type — 4A
District — 20
Estate — BISHAN, BLK 292 #02 ABOVE
Area — 1108
Age — 8
Bedroom — 3
Psf — 415
PRICE$ — 460000
Type — 4S
District — 20
Estate — BISHAN, BLK 105 #03 ABOVE
Area — 904
Age — 21
Bedroom — 3
Psf — 310
PRICE$ — 280000
Type — 4S
District — 20
Estate — BISHAN, BLK 111 #05 ABOVE
Area — 861
Age — 17
Bedroom — 3
Psf — 383
PRICE$ — 330000
Type — 4S
District — 20
Estate — BISHAN, BLK 113 #11-114
Area — 904
Age — 21+
Bedroom — 3
Psf — 0
PRICE$ — 0
Type — 4S
District — 20
Estate — BISHAN, BLK 136 #06 BELOW
Area — 904
Age — 20
Bedroom — 3
Psf — 332
PRICE$ — 300000
Type — 4S
District — 20
Estate — BISHAN, BLK 145 #02 ABOVE
Area — 0
Age –
Bedroom — 3
Psf — null
PRICE$ — 320000
Type — 4S
District — 20
Estate — BISHAN, BLK 146 #06-51
Area — 936
Age — 17
Bedroom — 3
Psf — 331
PRICE$ — 310000
Type — 4S
District — 20
Estate — BISHAN, BLK 166 #06 BELOW
Area — 904
Age — 20
Bedroom — 3
Psf — 306
PRICE$ — 277000
Type — 4S
District — 20
Estate — BISHAN, BLK 172 #05 BELOW
Area — 0
Age –
Bedroom — 3
Psf — null
PRICE$ — 320000
Type — 4S
District — 20
Estate — BISHAN, BLK 172 #05 BELOW
Area — 0
Age –
Bedroom — 3
Psf — null
PRICE$ — 320000
Type — 4S
District — 20
Estate — BISHAN, BLK 176 #02-125
Area — 904
Age — 20
Bedroom — 3
Psf — 0
PRICE$ — 0
Type — 4S
District — 20
Estate — BISHAN, BLK 178 #07 ABOVE
Area — 893
Age — 20
Bedroom — 3
Psf — 325
PRICE$ — 290000
Type — 4S
District — 20
Estate — BISHAN, BLK 197 #04 BELOW
Area — 904
Age –
Bedroom — 3
Psf — 321
PRICE$ — 290000
Type — 4S
District — 20
Estate — BISHAN, BLK 197 #04 BELOW
Area — 871
Age –
Bedroom — 3
Psf — 0
PRICE$ — 0
Type — 5
District — 20
Estate — BISHAN, BLK 128 #19-229
Area — 1301
Age –
Bedroom — 3
Psf — 446
PRICE$ — 580000
Type — 5
District — 20
Estate — BISHAN, BLK 135 #19 ABOVE
Area — 0
Age –
Bedroom — 3
Psf — null
PRICE$ — 620000
Type — 5
District — 20
Estate — BISHAN, BLK 146 #06 BELOW
Area — 1313
Age — 19
Bedroom — 3
Psf — 283
PRICE$ — 372000
Type — 5
District — 20
Estate — BISHAN, BLK 149 #02-15
Area — 0
Age — 15+
Bedroom — 4
Psf — null
PRICE$ — 400000
Type — 5
District — 20
Estate — BISHAN, BLK 153 #06-48
Area — 0
Age –
Bedroom — 4
Psf — null
PRICE$ — 400000
Type — 5
District — 20
Estate — BISHAN, BLK 154 #03 ABOVE
Area — 0
Age — 19
Bedroom — 4
Psf — null
PRICE$ — 0
Type — 5
District — 20
Estate — BISHAN, BLK 163 #05 BELOW
Area — 0
Age –
Bedroom — 3
Psf — null
PRICE$ — 400000
Type — 5
District — 20
Estate — BISHAN, BLK 168 #15 ABOVE
Area — 0
Age –
Bedroom — 3
Psf — null
PRICE$ — 550000
Type — 5
District — 20
Estate — BISHAN, BLK 182 #02-287
Area — 0
Age –
Bedroom — 3
Psf — null
PRICE$ — 420000
Type — 5
District — 20
Estate — BISHAN, BLK 191 #06-409
Area — 1301
Age — 19
Bedroom — 3
Psf — 512
PRICE$ — 666000
Type — 5
District — 20
Estate — BISHAN, BLK 292 #07-73
Area — 1301
Age –
Bedroom — 4
Psf — 384
PRICE$ — 500000
Type — 5A
District — 20
Estate — BISHAN, BLK 235 #05 ABOVE
Area — 1453
Age — 15
Bedroom — 3
Psf — 344
PRICE$ — 500000
Type — 5A
District — 20
Estate — BISHAN, BLK 236 #05 ABOVE
Area — 1408
Age — 14
Bedroom — 4
Psf — 376
PRICE$ — 530000
Type — 5I
District — 20
Estate — BISAHN, BLK 197 #05 BELOW
Area — 1300
Age — 19
Bedroom — 3
Psf — 446
PRICE$ — 580000
Type — 5I
District — 20
Estate — BISHAN, BLK 103 #06 ABOVE
Area — 1312
Age — 19
Bedroom — 3
Psf — 324
PRICE$ — 425000
Type — 5I
District — 20
Estate — BISHAN, BLK 138 #07 BELOW
Area — 1280
Age — 20
Bedroom — 4
Psf — 375
PRICE$ — 480000
Type — 5I
District — 20
Estate — BISHAN, BLK 145 #05 ABOVE
Area — 1313
Age — 19
Bedroom — 4
Psf — 293
PRICE$ — 385000
Type — 5I
District — 20
Estate — BISHAN, BLK 146 #02 ABOVE
Area — 1320
Age — 20
Bedroom — 3
Psf — 348
PRICE$ — 460000
Type — 5I
District — 20
Estate — BISHAN, BLK 153 #05 ABOVE
Area — 1291
Age — 19
Bedroom — 4
Psf — 372
PRICE$ — 480000
Type — 5I
District — 20
Estate — BISHAN, BLK 164 #12 ABOVE
Area — 1330
Age — 15
Bedroom — 4
Psf — 451
PRICE$ — 600000
Type — 5I
District — 20
Estate — BISHAN, BLK 179 #09 ABOVE
Area — 1291
Age — 21
Bedroom — 3
Psf — 426
PRICE$ — 550000
Type — 5I
District — 20
Estate — BISHAN, BLK 179 #12-227
Area — 1291
Age — 21
Bedroom — 3
Psf — 426
PRICE$ — 550000
Type — 5I
District — 20
Estate — BISHAN, BLK 182 #04 BELOW
Area — 1399
Age — 10
Bedroom — 3
Psf — 264
PRICE$ — 370000
Type — 5I
District — 20
Estate — BISHAN, BLK 196 #04 BELOW
Area — 1313
Age — 20
Bedroom — 3
Psf — 419
PRICE$ — 550000
Type — 5M
District — 20
Estate — BISHAN, BLK 173 #18 ABOVE
Area — 0
Age –
Bedroom — 3
Psf — null
PRICE$ — 520000
Type — 6
District — 20
Estate — BISHAN, BLK 137 #04 BELOW
Area — 1797
Age –
Bedroom — 6
Psf — 0
PRICE$ — 0
Type — EA
District — 20
Estate — BISHAN, BLK 257 #06 ABOVE
Area — 1600
Age — 15+
Bedroom — 3
Psf — 325
PRICE$ — 520000
Type — EM
District — 20
Estate — BISHAN, BLK 186 #02 ABOVE
Area — 1528
Age — 19
Bedroom — 3
Psf — 0
PRICE$ — 0
Type — EM
District — 20
Estate — BISHAN, BLK 186 #02-347
Area — 1571
Age –
Bedroom — 3
Psf — 407
PRICE$ — 640000
Type — EM
District — 20
Estate — BISHAN, BLK 212 #04 BELOW
Area — 1630
Age –
Bedroom — 4
Psf — 291
PRICE$ — 475000
Type — EM
District — 20
Estate — BISHAN, BLK 231 #14 ABOVE
Area — 0
Age –
Bedroom — 3
Psf — null
PRICE$ — 780000
Type — EM
District — 20
Estate — BISHAN, BLK 238 #08 ABOVE
Area — 0
Age — 10+
Bedroom — 3
Psf — null
PRICE$ — 520000
Type — EM
District — 20
Estate — BISHAN, BLK 238 #08-216
Area — 0
Age — 10+
Bedroom — 3
Psf — null
PRICE$ — 520000
Type — EM
District — 20
Estate — BISHAN, BLK 261 #04 BELOW
Area — 1560
Age — 18
Bedroom — 0
Psf — 295
PRICE$ — 460000
Type — EM
District — 20
Estate — BISHAN, BLK 261 #06 ABOVE (SOLD)
Area — 1600
Age — 15
Bedroom — 4
Psf — 431
PRICE$ — 690000

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

mindy@mindyyong.com ( email me )

http://www.hotvictory.com

Ang Mo Kio HDB Flat for Sales - 08.12.2007

Posted on December 8th, 2007 by Mindy Yong.
Categories: HDB / HUDC -For Sale.

Ang Mo Kio HDB Flat for Sales - 08.12.2007

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

TNR=Tenure, DT=District, BDRM=Bedroom, AREA=Built-In, STR=Storey, Price $K=In Thousand

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

Type — 2
District — 20
Estate — ANG MO KIO, BLK 116 #06 ABOVE
Area — 484
Age –
Bedroom — 1
Psf — 320
PRICE$ — 155000
Type — 2
District — 20
Estate — ANG MO KIO, BLK 314 #09 ABOVE
Area — 445
Age –
Bedroom — 1
Psf — 0
PRICE$ — 0
Type — 2
District — 20
Estate — ANG MO KIO, BLK 406 #09 ABOVE
Area — 0
Age –
Bedroom — 1
Psf — null
PRICE$ — 0
Type — 2
District — 20
Estate — ANG MO KIO, BLK 510 #06-2562
Area — 0
Age –
Bedroom — 1
Psf — null
PRICE$ — 170000
Type — 3
District — 20
Estate — ANG MO KIO, BLK 110 #07 BELOW
Area — 0
Age –
Bedroom — 2
Psf — null
PRICE$ — 220000
Type — 3
District — 20
Estate — ANG MO KIO, BLK 121 #05 ABOVE
Area — 894
Age –
Bedroom — 2
Psf — 0
PRICE$ — 0
Type — 3
District — 20
Estate — ANG MO KIO, BLK 156 #04 BELOW
Area — 1000
Age — 30
Bedroom — 2
Psf — 160
PRICE$ — 160000
Type — 3
District — 20
Estate — ANG MO KIO, BLK 157 #05 BELOW
Area — 0
Age –
Bedroom — 2
Psf — null
PRICE$ — 0
Type — 3
District — 20
Estate — ANG MO KIO, BLK 215 #06 ABOVE
Area — 785
Age –
Bedroom — 2
Psf — 341
PRICE$ — 268000
Type — 3
District — 20
Estate — ANG MO KIO, BLK 248 #10-14
Area — 0
Age –
Bedroom — 2
Psf — null
PRICE$ — 0
Type — 3
District — 20
Estate — ANG MO KIO, BLK 345 #04 BELOW
Area — 785
Age –
Bedroom — 2
Psf — 357
PRICE$ — 280000
Type — 3
District — 20
Estate — ANG MO KIO, BLK 405 #04 BELOW
Area — 0
Age –
Bedroom — 2
Psf — null
PRICE$ — 0
Type — 3
District — 20
Estate — ANG MO KIO, BLK 422 #05-2510
Area — 0
Age –
Bedroom — 2
Psf — null
PRICE$ — 215000
Type — 3
District — 20
Estate — ANG MO KIO, BLK 441 #07 ABOVE
Area — 0
Age –
Bedroom — 2
Psf — null
PRICE$ — 200000
Type — 3
District — 20
Estate — ANG MO KIO, BLK 475 #10 ABOVE
Area — 882
Age — 27
Bedroom — 2
Psf — 272
PRICE$ — 240000
Type — 3
District — 20
Estate — ANG MO KIO, BLK 506 #09-2622
Area — 732
Age — 16+
Bedroom — 2
Psf — 325
PRICE$ — 238000
Type — 3
District — 20
Estate — ANG MO KIO, BLK 523 #08 ABOVE
Area — 731
Age — 27
Bedroom — 2
Psf — 280
PRICE$ — 205000
Type — 3
District — 20
Estate — ANG MO KIO, BLK 533 #02 ABOVE
Area — 0
Age –
Bedroom — 2
Psf — null
PRICE$ — 230000
Type — 3
District — 20
Estate — ANG MO KIO, BLK 556 #10 BELOW
Area — 732
Age — 27
Bedroom — 2
Psf — 325
PRICE$ — 238000
Type — 3
District — 20
Estate — ANG MO KIO, BLK 571 #05
Area — 0
Age –
Bedroom — 1
Psf — null
PRICE$ — 200000
Type — 3
District — 20
Estate — ANG MO KIO, BLK 604 #07 ABOVE
Area — 721
Age –
Bedroom — 2
Psf — 229
PRICE$ — 165000
Type — 3+
District — 20
Estate — ANG MO KIO, BLK 417 #10 BELOW
Area — 882
Age — 24
Bedroom — 2
Psf — 249
PRICE$ — 220000
Type — 3+
District — 20
Estate — ANG MO KIO, BLK 608 #04 BELOW
Area — 882
Age — 26+
Bedroom — 2
Psf — 221
PRICE$ — 195000
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 106 #06 ABOVE
Area — 818
Age — 30
Bedroom — 2
Psf — 226
PRICE$ — 185000
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 106 #07 ABOVE
Area — 818
Age — 27
Bedroom — 2
Psf — 226
PRICE$ — 185000
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 119 #08 BELOW
Area — 742
Age — 20+
Bedroom — 2
Psf — 249
PRICE$ — 185000
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 129 #06 ABOVE
Area — 785
Age — 28
Bedroom — 2
Psf — 363
PRICE$ — 285000
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 150 #06 BELOW
Area — 742
Age — 20+
Bedroom — 2
Psf — 222
PRICE$ — 165000
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 156 #03 ABOVE
Area — 0
Age –
Bedroom — 3
Psf — null
PRICE$ — 0
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 156 #03-728
Area — 0
Age –
Bedroom — 2
Psf — null
PRICE$ — 0
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 182 #01 ABOVE
Area — 721
Age –
Bedroom — 2
Psf — 229
PRICE$ — 165000
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 182 #05 ABOE
Area — 732
Age — 26+
Bedroom — 2
Psf — 270
PRICE$ — 198000
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 182 #08
Area — 732
Age — 26
Bedroom — 2
Psf — 270
PRICE$ — 198000
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 212 #05 BELOW
Area — 656
Age — 30
Bedroom — 2
Psf — 256
PRICE$ — 168000
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 215 #08 ABOVE
Area — 861
Age — 31
Bedroom — 2
Psf — 267
PRICE$ — 230000
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 233 #04 ABOVE
Area — 732
Age — 28
Bedroom — 2
Psf — 0
PRICE$ — 0
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 235 #08 ABOVE
Area — 721
Age — 30
Bedroom — 2
Psf — 330
PRICE$ — 238000
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 246 #01 ABOVE
Area — 721
Age — 29
Bedroom — 2
Psf — 284
PRICE$ — 205000
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 246 #03 ABOVE
Area — 721
Age — 29
Bedroom — 2
Psf — 277
PRICE$ — 200000
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 246 #06 ABOVE
Area — 0
Age –
Bedroom — 2
Psf — null
PRICE$ — 195000
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 256 #04 BELOW
Area — 785
Age — 25
Bedroom — 2
Psf — 280
PRICE$ — 220000
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 343 #07 BELOW
Area — 0
Age –
Bedroom — 2
Psf — null
PRICE$ — 290000
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 346 #02-2262
Area — 0
Age –
Bedroom — 2
Psf — null
PRICE$ — 210000
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 417 #07 ABOVE
Area — 0
Age –
Bedroom — 2
Psf — null
PRICE$ — 170000
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 424 #04 ABOVE
Area — 0
Age –
Bedroom — 2
Psf — null
PRICE$ — 265000
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 434 #06-1425
Area — 0
Age –
Bedroom — 2
Psf — null
PRICE$ — 212000
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 446 #04 BELOW
Area — 0
Age –
Bedroom — 2
Psf — null
PRICE$ — 180000
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 449 #02 ABOVE
Area — 0
Age –
Bedroom — 2
Psf — null
PRICE$ — 165000
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 449 #06 BELOW
Area — 742
Age –
Bedroom — 2
Psf — 243
PRICE$ — 180000
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 474 #03 ABOVE
Area — 685
Age — 23
Bedroom — 2
Psf — 263
PRICE$ — 180000
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 506 #01 ABOVE
Area — 0
Age –
Bedroom — 2
Psf — null
PRICE$ — 0
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 506 #10 ABOVE
Area — 0
Age — 16+
Bedroom — 2
Psf — null
PRICE$ — 238000
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 536 # 06 ABOVE
Area — 721
Age — 27
Bedroom — 2
Psf — 255
PRICE$ — 184000
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 538 #08 ABOVE
Area — 732
Age –
Bedroom — 2
Psf — 0
PRICE$ — 0
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 550 #07 ABOVE
Area — 0
Age –
Bedroom — 2
Psf — null
PRICE$ — 250000
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 550 #07-2206
Area — 882
Age –
Bedroom — 2
Psf — 283
PRICE$ — 250000
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 550 #09 ABV (SOLD)
Area — 732
Age — 26
Bedroom — 2
Psf — 295
PRICE$ — 216000
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 556 #03-1908
Area — 0
Age –
Bedroom — 2
Psf — null
PRICE$ — 195000
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 556 #06 ABOVE
Area — 732
Age — 27
Bedroom — 2
Psf — 0
PRICE$ — 0
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 560 #05 BELOW
Area — 721
Age –
Bedroom — 2
Psf — 305
PRICE$ — 220000
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 576 #04 BELOW
Area — 0
Age –
Bedroom — 2
Psf — null
PRICE$ — 0
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 577 #05 BELOW
Area — 721
Age — 27
Bedroom — 2
Psf — 280
PRICE$ — 202000
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 585 #06 ABOVE
Area — 0
Age –
Bedroom — 2
Psf — null
PRICE$ — 0
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 604 #04 BELOW
Area — 0
Age — 25+
Bedroom — 2
Psf — null
PRICE$ — 0
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 605 #04 BELOW
Area — 721
Age — 26
Bedroom — 2
Psf — 229
PRICE$ — 165000
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 607 #07 ABOVE
Area — 0
Age –
Bedroom — 2
Psf — null
PRICE$ — 180000
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 646 #04 BELOW
Area — 0
Age –
Bedroom — 2
Psf — null
PRICE$ — 0
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 648 #11 ABOVE
Area — 0
Age –
Bedroom — 2
Psf — null
PRICE$ — 0
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 649 #07 BELOW
Area — 753
Age — 20+
Bedroom — 2
Psf — 372
PRICE$ — 280000
Type — 3N
District — 20
Estate — ANG MO KIO, BLK 728 #06 BELOW
Area — 0
Age –
Bedroom — 2
Psf — null
PRICE$ — 0
Type — 3N
District — 20
Estate — ANG MO KIO,BLK 538 #08 BELOW
Area — 721
Age — 20
Bedroom — 2
Psf — 0
PRICE$ — 0
Type — 4
District — 20
Estate — ANG MO KIO, BLK 254 #03-135
Area — 0
Age –
Bedroom — 3
Psf — null
PRICE$ — 278000
Type — 4
District — 20
Estate — ANG MO KIO, BLK 315 #07 BELOW
Area — 0
Age –
Bedroom — 3
Psf — null
PRICE$ — 0
Type — 4
District — 20
Estate — ANG MO KIO, BLK 324 #04 ABOVE
Area — 0
Age — 29
Bedroom