Singapore Terminal 3’s first flight will arrive on Wednesday

Singapore Terminal 3’s first flight will arrive on Wednesday

Meanwhile, Changi Airport welcomes second carrier from Sri Lanka
By NISHA RAMCHANDANI

OPERATIONS at Changi Airport’s spectacular new Terminal 3 will start on Wednesday, with the first flight, SQ001, arriving at 11.50 that morning. The first flight to depart, the London-bound SQ318, is due to take to the skies an hour later.
Singapore Airlines will be the first carrier to operate from the new terminal with four other airlines - China Eastern, Qatar Airways, Jet Airways and United - joining SIA at the huge 380,000 square metre T3 around March.

SIA will be operating from both T2 and T3, enabling the airline to expand its operations at Changi Airport.

Passengers departing for destinations in Africa, Russia, Turkey, South Asia, South-east Asia and the Middle East will still check-in for their flights at T2. Flights to the Americas, Europe, North Asia and the south-west Pacific will depart from the new terminal.

Flights may arrive at either of the two terminals but information on the arrival terminal will be made available at least two hours before touch-down.

The seven-storey T3, which has cost $1.75 billion to build and commission, can handle 22 million passengers a year.

There is much competition internationally between airports, and the advent of the new terminal is expected to help Changi Airport stay ahead in the game. Although passenger traffic at Changi is expected to increase, there is still a risk of traffic growth slowing as rival airports in emerging markets in Asia improve their facilities.

Among the new facilities there will be 28 aerobridges, with eight of them being used for the huge new Airbus A380 aircraft, a high-speed inter-terminal baggage transfer system, 100 retail shops and more than 40 food and beverage outlets.

In another development yesterday, the Civil Aviation Authority of Singapore (CAAS) welcomed Mihin Lanka, an airline from Sri Lanka, to Changi Airport. This makes it the second carrier from Sri Lanka to operate flights to Singapore, joining state-owned SriLankan Airlines.

CAAS director-general and chief executive Lim Kim Choon said: ‘The launch of Mihin Lanka’s services comes at an opportune time. Between January and November 2007, there were over 70,000 visitor arrivals from Sri Lanka, representing a robust 10 per cent growth year-on-year.’
Source : Straits Times - 05 Jan 2008

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com

http://www.hotvictory.com

HORIZON TOWERS Minority owners want High Court to overturn STB decision

HORIZON TOWERS Minority owners want High Court to overturn STB decision

This again throws successful completion of en bloc sale in doubt
By MICHELLE QUAH
(SINGAPORE) The Horizon Towers saga is far from over. In fact, it’s starting anew. Disgruntled minority owners have banded together to appeal against a decision by the Strata Titles Board (STB) last month to approve the en bloc sale of the development.

The grounds of the appeal filed by the minority owners yesterday are similar to their original objections, heard by STB last year.

All nine of the minority owners who originally opposed the collective sale have appealed to the High Court to overturn STB’s decision - doing so yesterday, on the last possible day.

What this means is, the successful completion of the collective sale of Horizon Towers is again in doubt, pending the outcome of the appeal.

The High Court is scheduled to hear the minorities’ objections on Feb 1.

STB’s approval of the en bloc sale was delivered on Dec 7, just days before a Dec 11 deadline for which the sale had to be finalised. The entire sale process is expected to be completed in March.

Lawyers for the minority owners have told BT they will consider applying for a stay of conveyancing proceedings - that is, delaying the completion of the sale - if the outcome of their appeal is not known by then.

The grounds of the appeal filed by the minority owners yesterday are similar to their original objections, heard by STB last year.

The minority owners are appealing against STB’s decision on the grounds that the board erred in law by approving the sale and ordering minority owners to be bound by a sale and purchase agreement signed by the majority owners.

The minorities contend that the en bloc sale was conducted in bad faith and prejudiced their interests. They say the then-sales committee had failed to do its duty to ensure the best price was obtained - by failing to ensure the property was properly marketed and failing to ensure the best offer was procured.

The Horizon Towers sales committee agreed to sell the Leonie Hill development to a consortium led by Hotel Properties Ltd (HPL) for $500 million in February last year. The minorities argue that this price is too low, saying property prices had already begun to climb significantly at the time the deal was inked and there had been other offers, above $500 million, for the development.

They said this was a breach of duty, a result of conflicts of interest on the part of some of the sales committee members, lawyers and sales agents who handled the deal.

The minorities also argue that STB prevented them from fully presenting their case when it refused to subpoena former sales committee chairman, Arjun Samtani. The minorities say Mr Samtani acted in bad faith and influenced the sales committee’s decisions. They say he was motivated by self-interest because he bought an additional unit in Horizon Towers during the initial stages of the collective sale talks.

Six of the nine minority owners objecting to the en bloc sale are represented by Senior Counsel Michael Hwang and SK Phang. The remaining three are represented by Harry Elias Partnership (HEP).

HEP is appealing on grounds similar to those put by Mr Hwang and Dr Phang - but it is also arguing that there was no fair hearing by the STB, in that the board rushed the hearing and failed to give adequate reasons for its decision on Dec 7.

STB only said then that it had been guided by recent case law and parliamentary debates on rules governing collective sales, and that the minorities had failed to prove their claim that the transaction was carried out in bad faith. The board will release the detailed grounds of its decision later.

HEP partner Philip Fong told BT: ‘It’s an unfortunate situation the minorities have found themselves in - in which one is deprived of one’s rights to one’s home, having been told to give up one’s home without being told exactly what the reasons are for such a decision.’

The Horizon Towers case has dragged on for almost a year - and is the most closely watched collective sale transaction ever in Singapore, given its dramatic twists and turns.

The majority owners - some of whom were said to have aligned themselves with the minorities when property prices started climbing - have been accused of trying to renege on their agreement with HPL and its partners, and face a potential $1 billion lawsuit from the buyers
Source : Straits Times - 05 Jan 2008

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com

http://www.hotvictory.com

Help needed with higher cost of living in Singapore

Help needed with higher cost of living in Singapore

S’poreans urge Govt to do more to ease impact of hikes in transport, food prices

By Gabriel Chen
THE rising cost of living and other bread and butter issues were the hot topics at last night’s public dialogue session to prepare for the Budget debate in March.
Retirees, civil servants and salaried workers were united in demanding that the Government do more to alleviate higher transport costs and food prices.

‘The current hike in taxi fares - it’s becoming ridiculous,’ said Madam Adeline Chan, as she appealed to the Government to keep prices more affordable. ‘When I go to the market, I end up carrying a lot of things, but taking a taxi has become a luxury.’

Madam Chan was among the 30 participants from the Chinese-speaking community that bounced ideas around at the two-hour session held at the Grassroots Club in Yio Chu Kang.

‘Why do Singaporeans go to Malaysia and import milk powder, sugar and rice?’ asked Mr Daniel Tay, who wanted more help for people facing cost pressures following last July’s increase in the goods and services tax (GST) from 5 per cent to 7 per cent.

Mr Colin Tan chipped in with a radical suggestion: Have a two-tier GST - one for basic necessities and the other for luxury items.

‘We should start thinking about whether we should split the two up,’ he said.

One participant, who identified himself as Mr Wu, urged the Government to enlarge the proportion of the workforce not paying income taxes in response to higher food and energy prices.

He pointed out that while measures have been taken to cushion the impact on Singaporeans, especially those in the lower-income group, the Government had a duty to ensure that ‘essential goods’ were not taxed too heavily.

‘About 80 per cent of the workforce should not pay income taxes,’ he said.

Another issue that hit home strongly was education.

While many lauded the Government for creating a world-class education system and for its efforts to encourage innovation to keep the economy competitive, some felt more could be done to help older people improve their skills and knowledge.

‘We can subsidise courses for the elderly,’ said Madam Chan, who added that the Government could start a programme similar to the one launched last year by Spring Singapore for entrepreneurs.

Spring’s initiative involves allowing bosses from small and medium-sized enterprises to go back to school to learn more about management.

Mr Wu said that while lifelong learning must be encouraged, emphasis should also be on funding the ’softer, social side’ of education, such as hiring more school counsellors.

‘We must care for the psychological needs of school children. Even teachers today come under a lot of stress,’ he added.

Broker Fu Meng Tong, 39, said funds could be allocated to research to find ways to help children learn in a fun way.

‘When I was in school, I felt controlled. The education system could be improved,’ he told The Straits Times later.

Last night’s session with the Chinese-speaking community followed similar meetings last year with the Malay and English-speaking communities.

The session was chaired by MP Josephine Teo, who is the vice- chairman of government feedback agency Reach.
Source : Straits Times - 05 Jan 2008

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com

http://www.hotvictory.com

S’pore Horizon Towers minority owners appeal against Strata board ruling

S’pore Horizon Towers minority owners appeal against Strata board ruling

Estates like Finland Gardens, Regent Court are caught in similar legal battles

By Joyce Teo, Property Correspondent
JUST as the long-running saga over the Horizon Towers collective sale looked about to end, another chapter is unfolding - and other similar disputes are looming.
The minority owners opposing the $500 million collective sale have appealed to the High Court against a ruling last month by the Strata Titles Board (STB), which had permitted the deal to go ahead.

Now, it has emerged that Horizon Towers is not the only condominium caught in a legal battle over a collective sale.

Owners at other estates such as Finland Gardens are also embroiled in similar tangles. The majority owners of the 48-unit estate in Siglap have filed an appeal on the instructions of buyer Sing Holdings - after the STB threw out the $49.5 million sale application in late November.

Another case, that of Phoenix Court, may go to the Court of Appeal, said an industry source who declined to be named. The STB tribunal that heard the Horizon Towers case said it had been guided by the Phoenix Court case. An objecting couple appealed against an STB decision to approve the Phoenix Court sale. The High Court upheld the STB order on Nov 9.

Over in Serangoon Road, Regent Court owners are preparing to file an appeal in the High Court against an STB decision to grant the $34 million sale, sources said.

Also, owners at Airview Towers in St Thomas Walk have filed an appeal in the High Court against an STB decision to reject its collective sale on a technicality.

The sale of Horizon Towers at Leonie Hill was finally approved by the STB - which had earlier thrown out the sale - on Dec 7 after a lengthy hearing, much sweat and tears, and nearly a year after the deal was inked.

The transaction hit a snag after some owners felt the $500 million price, which works out to $810 to $820 per sq ft (psf) on average, was not enough in a fast-rising market. Neighbouring The Grangeford was sold en bloc last June for just over $1,800 psf.

The dispute descended into acrimony and the STB then threw the sale out on a technicality before an earlier High Court appeal which resulted in a fresh STB hearing.

Horizon Towers became the first collective sale where majority owners were slapped with a lawsuit for alleged breach of contract. The suit was lodged by the buyers: Hotel Properties, Morgan Stanley Real Estate and Qatar Investment Authority.

Over the past two days, three sets of minority owners or objectors filed appeals with the High Court. The owners had a month after the STB ruling to appeal, and yesterday was the final day. They now await a hearing date - expected within three months.

One minority owner said even if the High Court appeal failed, he would take the case to the Court of Appeal. If this happens, the deal could be delayed by another three months. ‘My chances of winning may not be high but I will exhaust all legal means to protect my home,’ said the owner, Mr K.K. Then, 53.

The retiree said he and his wife have been drawn unwillingly into the sale process. He said he never had the intention to sell his home as it is something money cannot buy.

The objectors are believed to be aggrieved by the STB decision as they feel the hearing was not fair.

At the STB hearing late last year, a key point of contention was that the sale committee sold the estate at the reserve price even though it knew the market had already moved up.

The reserve price of The Grangeford was revised higher before the Horizon Towers deal was inked. But the sale committee stuck with the $500 million price, which was a reserve price set in 2006.
Source : Straits Times - 05 Jan 2008

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com

http://www.hotvictory.com

Ang Mo Kio site developer says its units will cost $700k or less

Ang Mo Kio site developer says its units will cost $700k or less

Greatearth pledges to keep prices down for condo-like HDB flats

By Tan Hui Yee, Housing Correspondent
A DAY after City View @Boon Keng’s launch, with homes going for a top price of $727,000, some are wondering if that is too much to pay for a Housing Board flat.
One developer, having won a bid to build similar kinds of flats in Ang Mo Kio, has pledged to make his project affordable: No single unit will be priced above $700,000.

Greatearth Developments gave this commitment yesterday during an interview about its 500-unit project in Ang Mo Kio Street 52.

Although it declined to comment on the Boon Keng project, Greatearth, which is a unit of listed firm United Engineers and which won the tender last year for the Ang Mo Kio plot, said prices will not hit those levels.

The Ang Mo Kio plot is the third such site for condo-style estates.

Greatearth director Chua Hock Tong said the firm wants to keep its homes affordable: ‘We’ll try to balance the quality and the price. We don’t want (the flats to be) beyond the reach of HDB dwellers.’

On Thursday, Hoi Hup Sunway Development unveiled its offering of condo-like flats in Boon Keng under the Design, Build and Sell Scheme (DBSS).

In a DBSS project, private developers price their flats but are bound by the general rules of public housing. This means they can sell their flats only to households earning not more than $8,000 a month.

The 714-unit City View @Boon Keng, launched for sale today, boasts 474 five-room flats priced from $536,000 to $727,000. Of these, 35 cost $700,000 and above.

The prices are the highest seen for such flats, but property agents felt they were reasonable given the project’s location on the city fringes and the views from some units.

An 11-year-old standard five-room HDB flat near the project site changed hands for $545,000 in November. Another two-year-old five-room unit sold for $630,000 last month.

Financial expert Leong Sze Hian from the Society of Financial Service Professionals said a couple earning $8,000 a month would have to be very careful about their finances if they opted for a $727,000 flat.

If they took a 30-year Housing Board loan for 90 per cent of the price, they would face about $2,600 in monthly instalments. About $780 would have to be paid in cash, because their instalments would exceed their monthly Central Provident Fund contributions.

But while Greatearth aims to keep prices affordable, Mr Chua also vowed to keep the quality up, saying the firm will not stint on the condo-like fittings that buyers have come to expect under the scheme.

Premiere @Tampines, with 616 units, features built-in wardrobes, timber flooring and bay windows. City View @Boon Keng has wall-to-wall balconies and card access to its lift lobbies.

Mr Chua promised that the Ang Mo Kio project will have similar condo fittings, if not more.

The 1.7ha plot is near to Ang Mo Kio Town Garden East and a 10-minute walk from Ang Mo Kio MRT and Ang Mo Kio Hub.

Mr Chua said the units will be oriented towards the town garden. The carpark will be designed to blend with the landscape.

The flats are expected to be launched for sale in the second half of the year. Construction is due to start between April and June and wrap up by late 2012.

Source : Straits Times - 05 Jan 2008

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com

http://www.hotvictory.com

Hot 2008 topic: The rising cost of living in Singapore

Hot 2008 topic: The rising cost of living in Singapore

By Goh Chin Lian

WHEN Trade and Industry Minister Lim Hng Kiang announced last November that inflation could hit 4 per cent or 5 per cent in the first quarter of this year, analysts and consumers sat up.
It would be a ‘historic high’ in the 25 years since 1983. The previous high was in July 1991, when it hit 4 per cent.

But today, some analysts are even more pessimistic, predicting that inflation could surge past 6 per cent on the recent wave of increases in taxi fares, electricity tariffs and the continued rise in oil prices.

Views are also divided on whether inflation will taper off by the second half of the year, averaging around 3 per cent, or persist at current levels.

The way the numbers are looking, the impact of these increases is not only on the low-income and retirees living on their savings, but also on the middle-income, MPs tell Insight.

Among them, those who feel it most are the ones who earn too much to benefit from help schemes, but too little to manage the demands of supporting both growing children and ageing parents.

Pasir Ris-Punggol GRC MP Michael Palmer says: ‘You’d hear a bigger noise from them this time round because they feel squeezed.’

Prime Minister Lee Hsien Loong has said the Government is against imposing controls on food or utility prices to curb rising inflation.

In his New Year message, he promised that the coming Budget should have something to help the low-income and older Singaporeans.

Insight looks at how Singaporeans are coping with the rising cost of living and ideas on how it can be managed.

Source : Straits Times - 05 Jan 2008

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com

http://www.hotvictory.com

For Sale- Waterfront Development Site - Australia

For Sale- Waterfront Development Site - Australia

Waterfront property in a prime location on the east seaboard of New South Wales, Australia.

The property is approx 25 acres or 76000 m2.

The site is zoned for the following types of development:

RESORT/ HOTEL/MOTEL/HOLIDAY CABINS/ BACKPACKERS ACCOMM etc

Most tourist style facilities are acceptable.

You are able to have a combination of these facilities, however only 1x single large residence can be built for the owners. The rest of the development

Must be geared towards tourism type accommodation/facilities.

The price of the property is $2,200,000.00 + AUD

Would be prepared to reimburse any successful purchaser of the property for their airfares and accommodation to come to Australia to view the property.

South West Rocks

For Sale- Waterfront Development Site
25 Arces - 1380ft Water frontage
Lot 5 New Entrance Road

Information Package

At the entrance of the Macleay River and only a 35km scenic drive north of Kempsey, South West Rocks is situated approximately half way between Sydney and Brisbane.

South West Rocks is a perfect tourist destination with a great variety of accommodation, beautiful foreshores, beaches and shopping.

SOUTH WEST ROCKS BEACHES

South West Rocks offers a great variety of magnificent beaches with breathtaking coastal scenery in the Macleay Valley Coast and is situated at the entrance to the Macleay River.

Beaches include: Horseshoe Bay, Main Beach, Trial Bay, South West Rocks Back Beach and Lighthouse Beach, Little Bay, Gap Beach and North Smoky Beach.

For water lovers South West Rocks offers:

Swimming ~ Fishing ~ Boat Hire ~ Charter Deep Sea Fishing ~ River Fishing River Cruises ~ Catamaran Hire ~ Sailboard Hire ~ Surfing ~ Sailing Suba Diving ~ Snorkelling

There is just so much to do in South West Rocks, such as cruises,
or fishing charters with South West Rocks Dive Centre..
You can book a fishing charter trip at The Rocks Travel right in the heart of
South West Rocks, or go diving with South West Rocks Dive Centre.

SOUTH WEST ROCKS FACILITIES

South West Rocks has all the facilities for the best beach holiday ever:
Shopping Centres ~ Restaurants ~ Cafes ~ Takeaways ~ Hotels ~ Tavern
South West Rocks Country Club

South West Rocks have excellent sporting facilities including:
Bowling Greens ~ Golf Course ~ Tennis Courts ~ Squash Courts
25m Swimming Pool ~ Dive Centres

South West Rocks is abundant with Picnic and Barbecue Areas, Parks, Lookouts, Community Halls, Visitor Information Centre, Heritage Walk and Bushwalks.

NATIONAL PARKS AROUND SOUTH WEST ROCKS

South West Rocks is surrounded by National Parks where you will find fantastic bush walks, some of which hug the South West Rocks coastline.

Hat Head National Park is 6445 hectares large with camping facilities at Smoky Cape and Hungry Head and is birdwatching haven with good bushwalking areas.

Arakoon State Recreation Area covers an area of 175 hectares and is 4km east of South West Rocks and offers picnic and barbecue facilities, camping sites are available, both powered and unpowered, camp kitchens, hot and cold showers and is right on the coastline.

SOUTH WEST ROCKS TOURIST INFORMATION

The South West Rocks Tourist Information Centre is located at the Boatman’s Cottage maritime museum in Ocean Drive and is open from 10am to 4pm.
Phone the South West Rocks Tourist Information Centre

Photo Gallery

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

Seng Kang / Punggol HDB Flat for Sales - 05.01.2008

Seng Kang / Punggol HDB Flat for Sales - 05.01.2008

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 — 4
District — 19
Estate — ANCHORVALE RD, BLK 317B #01
Area — 989
Age –
Bedroom — 3
Psf — 0
PRICE$ — 0
Type — 4
District — 19
Estate — COMPASSVALE DR, BLK 204A #04
Area — 0
Age –
Bedroom — 3
Psf — null
PRICE$ — 0
Type — 4
District — 19
Estate — RIVERVALE DR, BLK 120B #08
Area — 1086
Age — 06+
Bedroom — 3
Psf — 276
PRICE$ — 300000
Type — 5
District — 19
Estate — ANCHORVALE LINK, BLK 314B #14
Area — 1184
Age — 5
Bedroom — 3
Psf — 338
PRICE$ — 400000
Type — 5
District — 19
Estate — ANCHORVALE RD, BLK 317B #06
Area — 1184
Age — 5
Bedroom — 3
Psf — 321
PRICE$ — 380000
Type — 5
District — 19
Estate — BUANGKOK CRES, BLK 981B #05
Area — 1184
Age — 5
Bedroom — 3
Psf — 0
PRICE$ — 0
Type — 5
District — 19
Estate — COMPASSVALE DR, BLK 227D #05 BELOW
Area — 1312
Age –
Bedroom — 3
Psf — 0
PRICE$ — 0
Type — 5
District — 19
Estate — COMPASSVALE ST, BLK 298C #08
Area — 0
Age — 6
Bedroom — 3
Psf — null
PRICE$ — 350000
Type — 5
District — 19
Estate — COMPASSVALE ST, BLK 298D #06
Area — 1301
Age –
Bedroom — 3
Psf — 292
PRICE$ — 380000
Type — 5
District — 19
Estate — EDGEDALE PLAINS, BLK 109D #07
Area — 1184
Age — 5
Bedroom — 3
Psf — 296
PRICE$ — 350000
Type — 5
District — 19
Estate — EDGEDALE PLAINS, BLK 134 #07
Area — 1193
Age — 05+
Bedroom — 3
Psf — 352
PRICE$ — 420000
Type — 5
District — 19
Estate — PUNGGOL CTRL, BLK 293 #12
Area — 1184
Age — 5
Bedroom — 3
Psf — 355
PRICE$ — 420000
Type — 5
District — 19
Estate — PUNGGOL DR, BLK 641B #06
Area — 0
Age –
Bedroom — 4.3
Psf — null
PRICE$ — 0
Type — 5
District — 19
Estate — PUNGGOL FIELD WLK, BLK 128A #08
Area — 1184
Age — 5
Bedroom — 3
Psf — 281
PRICE$ — 333000
Type — 5
District — 19
Estate — RIVERVALE DR, BLK 123B #10
Area — 0
Age — 9
Bedroom — 3
Psf — null
PRICE$ — 315000
Type — 5
District — 19
Estate — RIVERVALE DR, BLK 186C #04
Area — 1184
Age –
Bedroom — 3
Psf — 0
PRICE$ — 0
Type — 5
District — 19
Estate — SENGKANG EAST WAY, BLK 261B #03
Area — 1184
Age — 5
Bedroom — 3
Psf — 304
PRICE$ — 360000
Type — 5I
District — 19
Estate — ANCHORVALE RD, BLK 307C #12
Area — 0
Age — 06+
Bedroom — 3
Psf — null
PRICE$ — 0
Type — 5I
District — 19
Estate — BUANGKOK CRES, BLK 979A #08
Area — 1184
Age — 05+
Bedroom — 3
Psf — 0
PRICE$ — 0
Type — 5I
District — 19
Estate — COMPASSVALE DR, BLK 204A #07
Area — 1184
Age — 6
Bedroom — 4
Psf — 262
PRICE$ — 310000
Type — 5I
District — 19
Estate — COMPASSVALE WLK, BLK 233 #04
Area — 1302
Age — 8
Bedroom — 4
Psf — 309
PRICE$ — 402000
Type — 5I
District — 19
Estate — PUNGGOL CTRL, BLK 299 #10
Area — 0
Age –
Bedroom — 3
Psf — null
PRICE$ — 0
Type — 5I
District — 19
Estate — PUNGGOL FIELD, BLK 102A #06
Area — 1184
Age — 06+
Bedroom — 2
Psf — 283
PRICE$ — 335000
Type — 5I
District — 19
Estate — PUNGGOL FIELD, BLK 173A #08
Area — 1184
Age — 5
Bedroom — 3
Psf — 270
PRICE$ — 320000
Type — 5I
District — 19
Estate — PUNGGOL FIELD, BLK 173A #16
Area — 1184
Age –
Bedroom — 3
Psf — 329
PRICE$ — 390000
Type — 5I
District — 19
Estate — PUNGGOL FIELD, BLK 173B #12
Area — 1184
Age — 05+
Bedroom — 3
Psf — 321
PRICE$ — 380000
Type — 5I
District — 19
Estate — RIVERVALE CRES, BLK 158C #03
Area — 1173
Age — 05+
Bedroom — 3
Psf — 341
PRICE$ — 400000
Type — 5I
District — 19
Estate — RIVERVALE DR, BLK 117A #14
Area — 1237
Age — 8
Bedroom — 3
Psf — 271
PRICE$ — 335000
Type — 5I
District — 19
Estate — SENGKANG EAST, BLK 260B #12
Area — 1184
Age — 8
Bedroom — 3
Psf — 372
PRICE$ — 440000
Type — 5S
District — 19
Estate — COMPASSVALE ST, BLK 291B #07
Area — 0
Age –
Bedroom — 4
Psf — null
PRICE$ — 300000
Type — EA
District — 19
Estate — COMPASSVALE ST, BLK 250B #11
Area — 1431
Age –
Bedroom — 4
Psf — 280
PRICE$ — 400000
Type — EA
District — 19
Estate — EDGEFIELD PLAINS, BLK 114 #05
Area — 1399
Age — 5
Bedroom — 4
Psf — 343
PRICE$ — 480000
Type — EA
District — 19
Estate — EDGEFIELD PLAINS, BLK 181 #16
Area — 0
Age –
Bedroom — 3
Psf — null
PRICE$ — 400000

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 - 05.01.2008

Ang Mo Kio HDB Flat for Sales - 05.01.2008

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 510 #06
Area — 0
Age –
Bedroom — 1
Psf — null
PRICE$ — 170000
Type — 3
District — 20
Estate — ANG MO KIO, BLK 506 #09
Area — 732
Age — 16+
Bedroom — 2
Psf — 325
PRICE$ — 238000
Type — 3
District — 20
Estate — ANG MO KIO, BLK 538 #07
Area — 882
Age –
Bedroom — 2
Psf — 0
PRICE$ — 0
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 556 #03
Area — 0
Age –
Bedroom — 2
Psf — null
PRICE$ — 195000
Type — 4N
District — 20
Estate — ANG MO KIO, BLK 324 #04
Area — 1054
Age –
Bedroom — 3
Psf — 361
PRICE$ — 380000
Type — 4N
District — 20
Estate — ANG MO KIO, BLK 563 #04
Area — 1301
Age — 10
Bedroom — 3
Psf — 192
PRICE$ — 250000
Type — 5
District — 20
Estate — ANG MO KIO, BLK 475 #08
Area — 1442
Age –
Bedroom — 4
Psf — 361
PRICE$ — 520000
Type — 5
District — 20
Estate — ANG MO KIO, BLK 627 #05
Area — 1205
Age –
Bedroom — 4
Psf — 315
PRICE$ — 380000
Type — 5A
District — 20
Estate — ANG MO KIO, BLK 253A #05
Area — 1474
Age — 12
Bedroom — 3
Psf — 326
PRICE$ — 480000
Type — 5I
District — 20
Estate — ANG MO KIO, BLK 171 #16
Area — 1301
Age — 20+
Bedroom — 3
Psf — 0
PRICE$ — 0
Type — 5I
District — 20
Estate — ANG MO KIO, BLK 312 #12
Area — 1367
Age — 20+
Bedroom — 3
Psf — 329
PRICE$ — 450000
Type — 5I
District — 20
Estate — ANG MO KIO, BLK 354 #30
Area — 1184
Age — 5
Bedroom — 3
Psf — 549
PRICE$ — 650000
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

Bukit Batok HDB Flat for Sales - 05.01.2008

Bukit Batok HDB Flat for Sales - 05.01.2008

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 — 3I
District — 23
Estate — BT BATOK, BLK 523 #06
Area — 0
Age –
Bedroom — 2
Psf — null
PRICE$ — 0
Type — 3N
District — 23
Estate — BT BATOK, BLK 148 #02
Area — 732
Age — 28
Bedroom — 2
Psf — 280
PRICE$ — 205000
Type — 3N
District — 23
Estate — BT BATOK, BLK 252 #03
Area — 742
Age — 22
Bedroom — 2
Psf — 263
PRICE$ — 195000
Type — 3N
District — 23
Estate — BT BATOK, BLK 259 #09
Area — 721
Age –
Bedroom — 2
Psf — 305
PRICE$ — 220000
Type — 3S
District — 23
Estate — BT BATOK, BLK 314 #03
Area — 0
Age — 20+
Bedroom — 2
Psf — null
PRICE$ — 190000
Type — 4
District — 23
Estate — BT BATOK, BLK 183 #10
Area — 1001
Age –
Bedroom — 3
Psf — 290
PRICE$ — 290000
Type — 4A
District — 23
Estate — BT BATOK, BLK 211 #09
Area — 1119
Age –
Bedroom — 3
Psf — 340
PRICE$ — 380000
Type — 4A
District — 23
Estate — BT BATOK, BLK 291E #17
Area — 1108
Age — 9
Bedroom — 3
Psf — 293
PRICE$ — 325000
Type — 4A
District — 23
Estate — BT BATOK, BLK 384 #18
Area — 0
Age –
Bedroom — 3
Psf — null
PRICE$ — 0
Type — 4A
District — 23
Estate — BT BATOK, BLK 385 #23
Area — 989
Age –
Bedroom — 3
Psf — 0
PRICE$ — 0
Type — 4N
District — 23
Estate — BT BATOK, BLK 313 #09
Area — 1054
Age –
Bedroom — 3
Psf — 247
PRICE$ — 260000
Type — 5
District — 23
Estate — BT BATOK, BLK 385 #28
Area — 1237
Age — 3½
Bedroom — 3
Psf — 403
PRICE$ — 499000
Type — 5
District — 23
Estate — BT BATOK, BLK 625 #03
Area — 1280
Age — 12
Bedroom — 3
Psf — 375
PRICE$ — 480000
Type — 5A
District — 23
Estate — BT BATOK, BLK 111 #16
Area — 0
Age –
Bedroom — 3
Psf — null
PRICE$ — 0
Type — 5A
District — 23
Estate — BT BATOK, BLK 117 #23
Area — 1442
Age — 18+
Bedroom — 3
Psf — 333
PRICE$ — 480000
Type — 5A
District — 23
Estate — BT BATOK, BLK 171 #08 ABOVE
Area — 0
Age –
Bedroom — 3
Psf — null
PRICE$ — 400000
Type — 5A
District — 23
Estate — BT BATOK, BLK 202 #02
Area — 1603
Age –
Bedroom — 3
Psf — 287
PRICE$ — 460000
Type — EA
District — 23
Estate — BT BATOK, BLK 141 #02
Area — 1600
Age –
Bedroom — 2
Psf — 250
PRICE$ — 400000
Type — EA
District — 23
Estate — BT BATOK, BLK 290B #10 ABOVE
Area — 1516
Age –
Bedroom — 4
Psf — 396
PRICE$ — 600000
Type — EA
District — 23
Estate — BT BATOK, BLK 290B #15
Area — 1527
Age — 9
Bedroom — 3
Psf — 347
PRICE$ — 530000
Type — EM
District — 23
Estate — BT BATOK, BLK 120 #16
Area — 0
Age — 20+
Bedroom — 3
Psf — null
PRICE$ — 550000
Type — EM
District — 23
Estate — BT BATOK, BLK 121 #14
Area — 1600
Age –
Bedroom — 3
Psf — 0
PRICE$ — 0
Type — EM
District — 23
Estate — BT BATOK, BLK 125 #14
Area — 0
Age –
Bedroom — 3
Psf — null
PRICE$ — 480000

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

Singapore Local company starts professional tour for golfers

Singapore Local company starts professional tour for golfers

By Patwant Singh
SINGAPORE : A local company called “OAAG” has pledged S$200,000 to launch a five-series golf tour, starting next week.

It aims to give golfers more tournament exposure, and by doing this, it wants to help more amateurs turn pro.

Touring golf professionals Mardan Mamat and Lam Chih Bing are two Singaporeans who have made a name for themselves in the world of professional golf.

However, not many locals are following in their footsteps. Observers said that most prefer to be teaching professionals, rather than become touring pros. So when it comes to big events like the recent Barclay’s Singapore Open, Singapore suffers.

Dean Tan, Committee Member, Singapore Professional Golf Association, said: “There are a lot of pros; they don’t have enough tournaments for the tour… (so) now we are doing more… (hoping) that other sponsors can come in and help us so that the local pros get more exposure to play in overseas tournaments in future.”

“Accenture” had recently stopped sponsoring the only local tour, but that is set to change. OAAG, which specialises in a range of golf services, is reviving the much-needed tour. It has come up with a S$200,000 sponsorship and that is just a start.

Nicklaus Dcruz, CEO, OAAG, said: “All of this is with the intention of bringing in additional sponsors, and two things will happen - we can increase the prize money and… we can increase the number of legs.”

Raffles Country Club will host the first tournament, which may last up to 15 legs in a year.

The inaugural “OAAG Golf Tour 2008″ will start on January 7, and it will see 78 golfers, including two amateurs, competing.

Besides a Challenge Trophy, also at stake is S$50,000 in prize money.

Local women golfers too will also have something new to look forward to. The HSBC Women’s Champions is making its debut in February and will hold qualifiers next week.

The winner will be the only Singaporean to play in an LPGA-sanctioned event; she will get to tee-off with some of the best women golfers in the world.

Natalie Gulbis, Professional Golfer, LPGA, said: “This is going to be the first really Asian Major, 72-hole event, (it is) going to be the biggest that Asia has ever seen and what a great place to have it in Singapore.” - CNA/ms
Source : Channel NewsAsia - 05 Jan 2008

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com

http://www.hotvictory.com

Staking claim in the new S’pore - Singapore

Staking  claim in the new S’pore - Singapore

By Sonia Kolesnikov

SINGAPORE: When the master developer of Sentosa Cove, an exclusive oceanfront residential community here, started selling land to individual builders in 2003, the first plot went for 350 Singapore dollars per square foot. In July, during the most recent land auction for a condominium site, the price was 1,799 dollars a square foot.

“Back in 2003, it was an untested market and the sale came right after SARS,” recalled Nicholas Chua, the business development and marketing manager at Ho Bee Group, which paid the equivalent of $203 a square foot at the time. “The confidence level in the property market wasn’t that great.” Now, Ho Bee owns six development sites there.

The luxury development’s success partly reflects the underlying strength of Singapore’s property market, which is expected to increase by as much as 30 percent this year, estimated Tay Huey Ying, director of research and consultancy at Colliers International real estate in Singapore. It also has benefited from the government’s 48-hour fast-track approval program for foreigners who want to buy homes or land in the development as well as plans to build a resort featuring a casino and Universal Studios theme park nearby.

“The product wasn’t a success at the beginning because it didn’t look interesting to the market, especially after the Dubai Palm and The World were launched in Dubai,” said Ku Swee Yong, director of marketing and business development at Savills Singapore. “It was after mid-2005, when the casino was announced, that buyers become more confident in the Cove’s prospects.”

“Solid marketing has also helped,” Ku said. “Developers will do well to take a leaf from the books of Sentosa Cove. The packaging has been so successful that investors who failed to secure a plot of land there still aspire to live there.

“I hope they will continue to sustain the brand name years after the Sentosa integrated resort has been completed and packed in with tourists,” he said.

In the space of a few years, Sentosa Cove, the only residential development on Sentosa Island, has become one of Southeast Asia’s most exclusive and expensive addresses, with three-bedroom condominiums selling for 5 million dollars and free-standing properties selling for 15 million.

The Cove has been marketed as “the world’s most desirable address” — a poster child for the “new” Singapore, which is trying to reinvent itself. In recent years, the city-state of 4.5 million has polished up its image as a dull place by developing a vibrant nightlife and art scene, announcing plans for two integrated resorts with casinos (including a family resort on Sentosa), and scheduling its first Formula One Grand Prix on Sept. 28.

On the economic front, the country also has become an important financial hub for private banking and hedge fund management, luring hordes of well-heeled bankers that splash out on high-end properties.

Sentosa Cove is divided into two gated communities, covering 117 hectares, or 290 acres, 60 percent of which has been reclaimed from the sea. It has a members-only marina with a few berths for mega yachts and a 320-room W Hotel is being planned.

When completed in 2010, the community of oceanfront, waterway-facing and fairway-flanking properties is to total 2,500 homes, including 400 free-standing structures, and 2,100 condominium units. So far, only around 275 homes have been completed.

At this point, more than half of the Cove’s buyers are foreigners, developers say.

Sentosa Cove was inspired by Port Grimaud, the 40-year-old lagoon development in the south of France designed by the late François Spoerry. “Our vision was to create one of the most desirable oceanfront residential communities,” explained Kemmy Tan, general manager of Sentosa Cove Pte, the project’s master planner and developer. “But we also realized we needed to adapt Port Grimaud’s concept to a tropical setting.”

So far, the company has sold more than 3 billion dollars in land to individual developers; buyers get only 99-year leaseholds on land.

The Cove’s property prices have moved up faster than the rest of Singapore’s because the overall development started from a lower base, Chua said. Units in Ho Bee’s first condominium, The Berth by the Cove, sold for 800 dollars per square foot when they were first offered for sale in 2004. Today, the apartments re