Aspen Heights For Sale Apartment / Condo, District 09 , 14.12.2007

The Cosmopolitan For Sale Apartment / Condo, District 09 , 14.12.2007

Scotts Square For Sale Apartment / Condo, District 09 , 14.12.2007

Scotts Square For Sale Apartment / Condo, District 09 , 14.12.2007

TY : [C]ondo [D]uplex [H]iRise [L]oRise [T]ownHse [P]enthse [W]alkUp [M]asionette

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 — C
District — 9
Street — SCOTTS SQ, #09 ABOVE
Tenure — FH
Area — 893
Age — BN
Room — 2
Psf — 5000
PRICE$ — 4465000
Type — C
District — 9
Street — SCOTTS SQ, #10 ABOVE
Tenure — FH
Area — 635
Age — BN
Room — 1
Psf — 3950
PRICE$ — 2508000
Type — C
District — 9
Street — SCOTTS SQ, #10 ABOVE
Tenure — FH
Area — 635
Age — BN
Room — 1
Psf — 4000
PRICE$ — 2540000
Type — C
District — 9
Street — SCOTTS SQ, #11 ABOVE
Tenure — 99
Area — 624
Age — BN
Room — 1
Psf — 4247
PRICE$ — 2650000
Type — C
District — 9
Street — SCOTTS SQ, #11 ABOVE
Tenure — FH
Area — 893
Age — BN
Room — 2
Psf — 5263
PRICE$ — 4700000
Type — C
District — 9
Street — SCOTTS SQ, #11 ABOVE
Tenure — FH
Area — 1249
Age — BN
Room — 3
Psf — 4404
PRICE$ — 5500000
Type — C
District — 9
Street — SCOTTS SQ, #13 ABOVE
Tenure — FH
Area — 942
Age — BN
Room — 2
Psf — 4600
PRICE$ — 4333200
Type — C
District — 9
Street — SCOTTS SQ, #13 ABOVE
Tenure — FH
Area — 893
Age — BN
Room — 2
Psf — 4499
PRICE$ — 4018000
Type — C
District — 9
Street — SCOTTS SQ, #14 ABOVE
Tenure — FH
Area — 624
Age — BN
Room — 1
Psf — 4247
PRICE$ — 2650000
Type — C
District — 9
Street — SCOTTS SQ, #15 ABOVE
Tenure — FH
Area — 893
Age — BN
Room — 2
Psf — 4400
PRICE$ — 3929200
Type — C
District — 9
Street — SCOTTS SQ, #15 ABOVE
Tenure — FH
Area — 624
Age — BN
Room — 1
Psf — 4327
PRICE$ — 2700000
Type — C
District — 9
Street — SCOTTS SQ, #16 ABOVE
Tenure — FH
Area — 893
Age — BN
Room — 2
Psf — 4800
PRICE$ — 4286400
Type — C
District — 9
Street — SCOTTS SQ, #18 ABOVE
Tenure — FH
Area — 625
Age — BN
Room — 1
Psf — 4160
PRICE$ — 2600000
Type — C
District — 9
Street — SCOTTS SQ, #18 ABOVE
Tenure — FH
Area — 635
Age — BN
Room — 1
Psf — 3997
PRICE$ — 2538000
Type — C
District — 9
Street — SCOTTS SQ, #18 ABOVE
Tenure — FH
Area — 624
Age — BN
Room — 1
Psf — 7532
PRICE$ — 4700000
Type — C
District — 9
Street — SCOTTS SQ, #20 BELOW
Tenure — FH
Area — 1249
Age — BN
Room — 3
Psf — 4504
PRICE$ — 5625000
Type — C
District — 9
Street — SCOTTS SQ, #20
Tenure — FH
Area — 1249
Age — BN
Room — 3
Psf — 4200
PRICE$ — 5245800
Type — C
District — 9
Street — SCOTTS SQ, #20
Tenure — FH
Area — 947
Age — BN
Room — 2
Psf — 4500
PRICE$ — 4261500
Type — C
District — 9
Street — SCOTTS SQ, #21 ABOVE
Tenure — FH
Area — 1227
Age — BN
Room — 3
Psf — 4500
PRICE$ — 5521000
Type — C
District — 9
Street — SCOTTS SQ, #21 ABOVE
Tenure — FH
Area — 893
Age — BN
Room — 2
Psf — 4499
PRICE$ — 4018000
Type — C
District — 9
Street — SCOTTS SQ, #21
Tenure — FH
Area — 624
Age — BN
Room — 1
Psf — 4500
PRICE$ — 2808000
Type — C
District — 9
Street — SCOTTS SQ, #25 ABOVE
Tenure — FH
Area — 1249
Age — BN
Room — 3
Psf — 4584
PRICE$ — 5725000
Type — C
District — 9
Street — SCOTTS SQ, #25 ABOVE
Tenure — FH
Area — 635
Age — BN
Room — 1
Psf — 4504
PRICE$ — 2860000
Type — C
District — 9
Street — SCOTTS SQ, #25 ABOVE
Tenure — FH
Area — 1249
Age — BN
Room — 3
Psf — 4644
PRICE$ — 5800000
Type — C
District — 9
Street — SCOTTS SQ, #25 ABOVE
Tenure — FH
Area — 1227
Age — BN
Room — 3
Psf — 4808
PRICE$ — 5900000
Type — C
District — 9
Street — SCOTTS SQ, #26 ABOVE
Tenure — FH
Area — 1249
Age — BN
Room — 3
Psf — 4644
PRICE$ — 5800000
Type — C
District — 9
Street — SCOTTS SQ, #26 ABOVE
Tenure — FH
Area — 1227
Age — BN
Room — 3
Psf — 5053
PRICE$ — 6200000
Type — C
District — 9
Street — SCOTTS SQ, #26 ABOVE
Tenure — FH
Area — 1227
Age — BN
Room — 3
Psf — 4605
PRICE$ — 5650000
Type — C
District — 9
Street — SCOTTS SQ, #26 ABOVE
Tenure — FH
Area — 1249
Age — BN
Room — 3
Psf — 4564
PRICE$ — 5700000
Type — C
District — 9
Street — SCOTTS SQ, #26 ABOVE
Tenure — FH
Area — 1249
Age — BN
Room — 3
Psf — 4600
PRICE$ — 5745400
Type — C
District — 9
Street — SCOTTS SQ, #27 ABOVE
Tenure — FH
Area — 1249
Age — BN
Room — 3
Psf — 4644
PRICE$ — 5800000
Type — C
District — 9
Street — SCOTTS SQ, #28 ABOVE
Tenure — FH
Area — 1249
Age — BN
Room — 3
Psf — 4600
PRICE$ — 5745400
Type — C
District — 9
Street — SCOTTS SQ, #28 ABOVE
Tenure — FH
Area — 635
Age — BN
Room — 1
Psf — 0
PRICE$ — 0
Type — C
District — 9
Street — SCOTTS SQ, #28
Tenure — FH
Area — 1249
Age — BN
Room — 3
Psf — 0
PRICE$ — 0
Type — C
District — 9
Street — SCOTTS SQ, #29 ABOVE
Tenure — FH
Area — 635
Age — BN
Room — 1
Psf — 4803
PRICE$ — 3050000
Type — C
District — 9
Street — SCOTTS SQ, #29
Tenure — FH
Area — 1249
Age — BN
Room — 3
Psf — 0
PRICE$ — 0
Type — C
District — 9
Street — SCOTTS SQ, #31 ABOVE
Tenure — FH
Area — 1227
Age — BN
Room — 3
Psf — 0
PRICE$ — 0
Type — C
District — 9
Street — SCOTTS SQ, #32 ABOVE
Tenure — FH
Area — 947
Age — BN
Room — 2
Psf — 4646
PRICE$ — 4400000
Type — C
District — 9
Street — SCOTTS SQ, #32 ABOVE
Tenure — FH
Area — 947
Age — BN
Room — 2
Psf — 4600
PRICE$ — 4356200
Type — C
District — 9
Street — SCOTTS SQ, #34 ABOVE
Tenure — FH
Area — 1249
Age — BN
Room — 3
Psf — 4644
PRICE$ — 5800000
Type — C
District — 9
Street — SCOTTS SQ, #35 ABOVE
Tenure — FH
Area — 1249
Age — BN
Room — 3
Psf — 4801
PRICE$ — 5996000
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

Mackenzie For Sale Apartment / Condo, District 09 , 14.12.2007

MACKENZIE For Sale Apartment / Condo, District 09 , 14.12.2007

TY : [C]ondo [D]uplex [H]iRise [L]oRise [T]ownHse [P]enthse [W]alkUp [M]asionette

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 — C
District — 9
Street — MACKENZIE 88, #05 ABOVE
Tenure — FH
Area — 710
Age — BN
Room — 2
Psf — 1407
PRICE$ — 999000
Type — C
District — 9
Street — MACKENZIE REGENCY, #04 ABOVE
Tenure — FH
Area — 1087
Age — BN
Room — 3
Psf — 1224
PRICE$ — 1330000
Type — H
District — 9
Street — MACKENZIE 138, #01 ABOVE
Tenure — FH
Area — 603
Age — 1
Room — 1
Psf — 1500
PRICE$ — 904500
Type — H
District — 9
Street — MACKENZIE 138, #02 ABOVE
Tenure — FH
Area — 624
Age — 1
Room — 1
Psf — 1500
PRICE$ — 936000
Type — H
District — 9
Street — MACKENZIE 138, #03 ABOVE
Tenure — FH
Area — 624
Age — 1
Room — 1
Psf — 1042
PRICE$ — 650000
Type — H
District — 9
Street — MACKENZIE 138, #04 ABOVE
Tenure — FH
Area — 850
Age — BN
Room — 2
Psf — 1176
PRICE$ — 1000000
Type — H
District — 9
Street — MACKENZIE 138, #05 ABOVE
Tenure — FH
Area — 480
Age — 1
Room — 1
Psf — 1104
PRICE$ — 530000
Type — H
District — 9
Street — MACKENZIE 138, #05 ABOVE
Tenure — FH
Area — 797
Age — 1
Room — 2
Psf — 828
PRICE$ — 660000
Type — H
District — 9
Street — MACKENZIE 138, #05 ABOVE
Tenure — FH
Area — 850
Age — 1
Room — 2
Psf — 1271
PRICE$ — 1080000
Type — H
District — 9
Street — MACKENZIE 138, #05
Tenure — FH
Area — 850
Age — BN
Room — 2
Psf — 1350
PRICE$ — 1147500
Type — H
District — 9
Street — MACKENZIE 88, #03 ABOVE
Tenure — FH
Area — 602
Age — BN
Room — 1
Psf — 1600
PRICE$ — 963200
Type — H
District — 9
Street — MACKENZIE 88, #04 ABOVE
Tenure — FH
Area — 538
Age — BN
Room — 1
Psf — 1394
PRICE$ — 750000
Type — H
District — 9
Street — MACKENZIE 88, #04
Tenure — FH
Area — 463
Age — BN
Room — 1
Psf — 1551
PRICE$ — 718000
Type — H
District — 9
Street — MACKENZIE 88, #04
Tenure — FH
Area — 495
Age — BN
Room — 1
Psf — 1600
PRICE$ — 792000
Type — H
District — 9
Street — MACKENZIE 88, #05 ABOVE
Tenure — FH
Area — 495
Age — BN
Room — 1
Psf — 1499
PRICE$ — 742000
Type — H
District — 9
Street — MACKENZIE 88, #05 ABOVE
Tenure — FH
Area — 473
Age — BN
Room — 1
Psf — 1499
PRICE$ — 709000
Type — H
District — 9
Street — MACKENZIE 88, #05 ABOVE
Tenure — FH
Area — 463
Age — BN
Room — 1
Psf — 1685
PRICE$ — 780000
Type — H
District — 9
Street — MACKENZIE 88, #05 ABOVE
Tenure — FH
Area — 710
Age — BN
Room — 2
Psf — 1548
PRICE$ — 1099000
Type — H
District — 9
Street — MACKENZIE 88, #05 BELOW
Tenure — FH
Area — 473
Age — BN
Room — 1
Psf — 1416
PRICE$ — 670000
Type — H
District — 9
Street — MACKENZIE 88, #05 BELOW
Tenure — FH
Area — 484
Age — BN
Room — 1
Psf — 1705
PRICE$ — 825000
Type — H
District — 9
Street — MACKENZIE 88, #05
Tenure — FH
Area — 463
Age — BN
Room — 1
Psf — 1600
PRICE$ — 740800
Type — H
District — 9
Street — MACKENZIE 88, #05
Tenure — FH
Area — 602
Age — BN
Room — 1
Psf — 1500
PRICE$ — 903000
Type — H
District — 9
Street — MACKENZIE 88, #06 ABOVE
Tenure — FH
Area — 420
Age — BN
Room — 1
Psf — 1452
PRICE$ — 610000
Type — H
District — 9
Street — MACKENZIE 88, #07
Tenure — FH
Area — 495
Age — BN
Room — 1
Psf — 1600
PRICE$ — 792000
Type — H
District — 9
Street — MACKENZIE 88, #07
Tenure — FH
Area — 452
Age — BN
Room — 1
Psf — 0
PRICE$ — 0
Type — L
District — 9
Street — MACKENZIE MANS, #02 ABOVE
Tenure — FH
Area — 1140
Age — 08+
Room — 3
Psf — 877
PRICE$ — 1000000
Type — L
District — 9
Street — MACKENZIE MANS, #02 ABOVE
Tenure — FH
Area — 1120
Age — 8
Room — 3
Psf — 759
PRICE$ — 850000
Type — L
District — 9
Street — MACKENZIE MANS, #04 BELOW
Tenure — FH
Area — 830
Age — 10
Room — 2
Psf — 0
PRICE$ — 0
Type — L
District — 9
Street — MACKENZIE MANS, #04
Tenure — FH
Area — 1152
Age — 10+
Room — 3
Psf — 975
PRICE$ — 1123200
Type — L
District — 9
Street — MACKENZIE MANS, #04
Tenure — FH
Area — 1140
Age — 10
Room — 3
Psf — 965
PRICE$ — 1100000

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

For Sale Singapore Private Apartment / Condo, District 09 , 14.12.2007

S’pore economy sees 58,600 jobs created in Q3: MOM

S’pore economy sees 58,600 jobs created in Q3: MOM

SINGAPORE : Total employment in Singapore expanded by 58,600 new jobs in the third quarter, up substantially from the increase of 43,000 a year ago, the Ministry of Manpower said in a statement on Friday.

The July-to-September figure also marks an upward revision from an earlier estimate of 57,600 jobs.

Seasonally adjusted unemployment fell to 1.7 percent at the end of September from 2.3 percent three months earlier. Similarly, the resident unemployment rate fell to 2.3 percent from 3.1 percent at the end of June.

Both unemployment rates are the lowest recorded in almost a decade, having improved to pre-Asian crisis levels.

Wage growth moderated slightly in the third quarter, with earnings rising 6.9 percent from the same quarter a year earlier after increasing 8.5 percent in the second quarter.

However, overall labour productivity was flat in the third quarter, following a marginal 0.4 percent gain in the preceding quarter. This led to an increase in the overall unit labour cost by 5.9 percent, slightly lower than the 6.3 percent growth in the previous quarter.

In summary, the Ministry said the labour market turned in another quarter of strong performance.

Robust job creation and slower growth in resident manpower supply led to a decline in the unemployment rate to the pre-Asian crisis level
Source : Channel NewsAsia - 14 Dec 2007

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com

http://www.hotvictory.com

S’pore NKF has S$270m in reserves, plans to help more poor patients

S’pore NKF has S$270m in reserves, plans to help more poor patients

By Julia Ng

SINGAPORE: The National Kidney Foundation said it has chalked up a surplus of S$31.2 million in the last 18 months, bringing it reserves to S$269.463 million.

NKF, the country’s largest charity, said it is looking into doing more for kidney patients under its care, especially those from the lower-income group.

Between January last year and June this year, NKF spent S$17.5 million on dialysis and kidney failure prevention services for 2037 kidney patients under its care, up 8.8 per cent from 1873 at the end of December 2005.

Within these 18 months, the foundation earned an income of S$37 million from donations and grants while administrative costs came up to S$15 million, of which S$4.6 million is for legal costs incurred to recover S$12 million from its former CEO TT Durai.

Durai has agreed to settle the suit by paying the NKF S$4.1million over the next four years.

Almost three quarters of the S$31.2 million surplus, or S$22.3 million, came from investment income. The remaining S$8.9 million was from operational cost-cutting measures.

Going forward, NKF said the outlook on its investment income will be less bullish in the coming years, but its strong reserves position has given the foundation confidence to do more for its kidney patients.

Dialysis fee at the NKF is now of the lowest in Singapore at S$130 per session.

Thirty per cent of NKF’s patients are means-tested to qualify for subsidies and help from the charity. And for some 500 patients from low-income families, they pay S$50 a month or less.

According to NKF chairman Gerard Ee, the foundation currently helps cover some of the patients’ taxi fares when they go for dialysis. And as taxi fares increase, NKF will cover the extra costs as well.

“We don’t want any of our patient staying at home and missing out on their dialysis just because they can’t afford it,” he said.

The foundation is also looking into subsidising its dialysis patients for kidney transplants here.
Source : Channel NewsAsia - 14 Dec 2007

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com

http://www.hotvictory.com

SMDA censors video rejected by YouTube fans - Singapore

SMDA censors video rejected by YouTube fans - Singapore

SINGAPORE - Executives from Singapore’s Media Development Authority—which promotes the industry and also acts as its censor—have stirred up an online controversy for appearing in a rap video.
‘Yes, yes y’all. We don’t stop. Get creative, can do, rock on!’ the mostly middle-aged executives rap.

Dressed in suits, they twirl in time to the beat and make gangster-style hand gestures.

Since it was posted on the You Tube video-sharing website two weeks ago, the film, which lasts almost five minutes, has generated 60,648 hits and more than 300 comments—many of them negative and filled with expletives.

‘They call me CEO. Hear me out, everyone,’ sings the agency’s chief executive, Christopher Chia. ‘My aim: a vibrant media hub for the city.’

His deputy is shown in full rap regalia including gold chains, shades and a backwards baseball cap. Another executive appears in red briefs and a caped-crusader-style costume.

Cassandra Tay, MDA’s director of communications, said Wednesday the video was originally prepared for a staff conference, where it was ‘well-received by staff who had not seen their senior management in this light.’

But one person wrote on You Tube that it was ‘a total disgrace,’ while another described it as ‘the most embarrassing video to ever emerge from Singapore.’

Another person said: ‘Please ban this.’

Others were sympathetic, calling the MDA managers ‘brave’ and courageous for trying.

The video was later included in the agency’s Interactive Annual Report 2006/7 and can still be found on MDA’s website at http://www.mda.gov.sg/wms.www/video1.htm.

Tay, who also performs in the video, said managers ‘gamely took on the challenge in order to portray the organisation and its mission in a different light.’

MDA is ‘amazed and amused’ at the responses, she said.

‘We have enjoyed reading many messages of support for the rap video and MDA’s vision,’ Tay said.

Singapore is Southeast Asia’s most advanced economy, but the government maintains strict censorship laws.

The MDA classifies films and video games, and imposes fines on local broadcasters found to have violated ethical standards.

It is also tasked with promoting Singaporean entertainment products, such as movies overseas and luring foreign multi-media companies to set up operations in the city-state.

Source : AFP - 14 Dec 2007

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com

http://www.hotvictory.com

Temasek to ‘merge Indonesian bank units’

Temasek to ‘merge Indonesian bank units’

JAKARTA - TEMASEK Holdings wants to merge Indonesia’s Bank Internasional Indonesia (BII) and Bank Danamon, pending approval from Indonesian banking regulators, BII said yesterday.
Danamon is the country’s fourth-largest bank by assets while BII is the sixth-largest.

Temasek, through Fullerton Financial Holdings (FFH), is the majority shareholder of Sorak Consortium, which owns 56.13 per cent of BII. Temasek recently raised its stake in Sorak to 75 per cent.

Temasek also owns 85 per cent of Asia Financial (Indonesia), which holds 68.87 per cent of Danamon.

‘FFH’s current preferred option is to explore a merger between BII and Danamon, subject to further evaluation and clearance from the regulatory bodies,’ BII said in a statement.

Its key shareholder has submitted an ownership structure adjustment plan to Bank Indonesia in compliance with the central bank’s single presence policy, BII said. Under the policy, a bank owner may own or control only one bank.

The regulation will take effect at end-2010, but the central bank wants bank owners to submit proposals by the end of this year, to resolve any shareholding issues.

Source : Straits Times - 14 Dec 2007

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com

http://www.hotvictory.com

Singapore Shop rents rising faster in city fringe, suburbs than in Orchard

Singapore Shop rents rising faster in city fringe, suburbs than in Orchard

Landlords enjoy good takings as demand spills over from prime belt

By Fiona Chan, Property Reporter

ORCHARD Road may be the epicentre of shopping buzz, but malls in quieter areas are coming into their own.
Rents of shops on the city fringe and in suburban areas rose faster than those in the prime shopping belt in the October to December period, according to Knight Frank.

The property consultancy said the biggest increase in rents came from shopping malls on the fringe of Orchard Road, such as Tanglin Mall and Park Mall. Retail rents in this area climbed by 8.9 per cent in the quarter, thanks to a spillover from Orchard Road and a better tenant mix, said Knight Frank.

In contrast, rents of malls in Orchard Road proper - including Wisma Atria and Ngee Ann City - rose only 2.6 per cent. Suburban malls such as Tampines Mall and Jurong Point fell in between, with rents rising 5.8 per cent.

The main reason for this is rents in Orchard Road have already risen so much that any further increases will be quite small, said Knight Frank’s director of research and consultancy, Mr Nicholas Mak.

On the other hand, retail rents in suburban and fringe areas are starting from a lower base, so they will rise by more, he added.

Indeed, Knight Frank’s data shows that despite having the smallest rent increases, the central areas still have the highest rents, and vice versa.

In the heart of Orchard Road, average gross monthly rents have soared to double those of malls on the fringes. This is because over this year, rents in Orchard Road central have gone up the most. They rose by 17.2 per cent this year, almost double the 9.9 per cent rise in Orchard Road fringe malls. In suburban malls, retail rents rose just 7.5 per cent for the year.

But overall, it has been a good year for landlords of shopping malls islandwide.

They have raised rents by more than market experts had forecast, thanks to higher wages, a strong economy and a booming property market.

Islandwide, shop rents in well-located malls jumped by a better-than-expected 22.1 per cent for the whole year, said Knight Frank. Its report on retail rents analysed prime shop space of between 400 and 800 sq ft, typically located on the ground floor of malls, with good frontages.

But rent growth is expected to moderate next year to 10 to 15 per cent, it said. While retail sales and demand for shop space are likely to stay strong, new malls will open with 2.3 million sq ft of space. These include West Coast Plaza, Iluma at Bugis, Ion Orchard, Orchard Central and Jurong Point’s new wing.

‘Landlords who try to raise rentals in the later part of next year are likely to face stronger resistance from retailers,’ said Mr Mak.

This may come as a relief to retailers. One retailer, who asked not to be named, said she had to move a boutique out of Paragon last year when rents nearly doubled. Another outlet at Suntec City has had rents rise by 30 to 40 per cent.

‘We used to be making money at most of our shops, but now because of the rental increases we are only breaking even at some,’ she said.

‘We can handle rents rising to a certain point, but after that it is untenable.’

Source : Straits Times - 14 Dec 2007

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com

http://www.hotvictory.com