Archive for January 18th, 2008

Amber Point For Sale Apartment / Condo, District 15 , 19.01.2008

Posted on January 18th, 2008 by Mindy Yong.
Categories: Condominium/Apartment -For Sale.

Amber Point For Sale Apartment / Condo, District 15 , 19.01.2008

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 — 15
Street — AMBER PT, #02 ABOVE
Tenure — FH
Area — 1690
Age — 17
Room — 3
Psf — 1300
PRICE$ — 0
Type — C
District — 15
Street — AMBER PT, #04
Tenure — FH
Area — 1668
Age — 17
Room — 3
Psf — 0
PRICE$ — 0
Type — C
District — 15
Street — AMBER PT, #05 ABOVE
Tenure — FH
Area — 1660
Age — 10+
Room — 1
Psf — 1300
PRICE$ — 0
Type — C
District — 15
Street — AMBER PT, #07 ABOVE
Tenure — FH
Area — 1668
Age — 10
Room — 3
Psf — 1319
PRICE$ — 0
Type — C
District — 15
Street — AMBER PT, #08 BELOW
Tenure — FH
Area — 1668
Age — 15+
Room — 3
Psf — 1300
PRICE$ — 0
Type — C
District — 15
Street — AMBER PT, #10 ABOVE
Tenure — FH
Area — 1690
Age — 11+
Room — 3
Psf — 1300
PRICE$ — 0
Type — C
District — 15
Street — AMBER PT, #10
Tenure — FH
Area — 1650
Age — 10+
Room — 3
Psf — 1300
PRICE$ — 0
Type — C
District — 15
Street — AMBER PT, #11 ABOVE
Tenure — FH
Area — 1668
Age — 20
Room — 3
Psf — 1319
PRICE$ — 0
Type — C
District — 15
Street — AMBER PT, #12
Tenure — FH
Area — 1668
Age — 16+
Room — 3
Psf — 1319
PRICE$ — 0
Type — C
District — 15
Street — AMBER PT, #15 BELOW
Tenure — FH
Area — 1700
Age — 15+
Room — 3
Psf — 1300
PRICE$ — 0
Type — C
District — 15
Street — AMBER PT, #20 ABOVE
Tenure — FH
Area — 1700
Age — 10
Room — 4
Psf — 1300
PRICE$ — 0
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

http://www.property-elite.com

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 — 15
Street — AMBER PT, #02 ABOVE
Tenure — FH
Area — 1690
Age — 17
Room — 3
Psf — 1300
PRICE$ — 0
Type — C
District — 15
Street — AMBER PT, #04
Tenure — FH
Area — 1668
Age — 17
Room — 3
Psf — 0
PRICE$ — 0
Type — C
District — 15
Street — AMBER PT, #05 ABOVE
Tenure — FH
Area — 1660
Age — 10+
Room — 1
Psf — 1300
PRICE$ — 0
Type — C
District — 15
Street — AMBER PT, #07 ABOVE
Tenure — FH
Area — 1668
Age — 10
Room — 3
Psf — 1319
PRICE$ — 0
Type — C
District — 15
Street — AMBER PT, #08 BELOW
Tenure — FH
Area — 1668
Age — 15+
Room — 3
Psf — 1300
PRICE$ — 0
Type — C
District — 15
Street — AMBER PT, #10 ABOVE
Tenure — FH
Area — 1690
Age — 11+
Room — 3
Psf — 1300
PRICE$ — 0
Type — C
District — 15
Street — AMBER PT, #10
Tenure — FH
Area — 1650
Age — 10+
Room — 3
Psf — 1300
PRICE$ — 0
Type — C
District — 15
Street — AMBER PT, #11 ABOVE
Tenure — FH
Area — 1668
Age — 20
Room — 3
Psf — 1319
PRICE$ — 0
Type — C
District — 15
Street — AMBER PT, #12
Tenure — FH
Area — 1668
Age — 16+
Room — 3
Psf — 1319
PRICE$ — 0
Type — C
District — 15
Street — AMBER PT, #15 BELOW
Tenure — FH
Area — 1700
Age — 15+
Room — 3
Psf — 1300
PRICE$ — 0
Type — C
District — 15
Street — AMBER PT, #20 ABOVE
Tenure — FH
Area — 1700
Age — 10
Room — 4
Psf — 1300
PRICE$ — 0

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

Geophysics company sets up $79m base in Singapore

Posted on January 18th, 2008 by Mindy Yong.
Categories: Singapore News.

Geophysics company sets up $79m base in Singapore

By Nicholas Fang

ONE of the world’s top providers of services and equipment used to monitor earth tremors opened yesterday its new US$55 million (S$78.65 million) Asia-Pacific headquarters in Singapore.
Geophysical services firm CGGVeritas, which is listed in Paris and New York, said it chose Singapore for its headquarters as part of its long-term commitment to its businesses and customers in the region.

‘With the fast-developing economies of the Asia-Pacific and the increasing demand for natural resources, the location is a strategic one for CGGVeritas that will allow it to serve its clients and better position the company to strengthen its business in the regional oil and gas markets,’ it said in a statement.

CGGVeritas chairman and chief executive Robert Brunck said another factor that made Singapore attractive was the availability of information technology support and expertise in the Republic.

‘CGGVeritas is a technologically advanced company, and the availability in Singapore of a broad spectrum of highly qualified professionals from all over the world and a robust IT infrastructure make it an excellent location from which we can best support our Asia-Pacific clients,’ he said.

The new centre, at Serangoon North Avenue 5, was opened in a ceremony officiated by Minister of State for Trade and Industry Lee Yi Shyan.

CGGVeritas’ state-of-the-art regional headquarters and data processing and imaging centre is housed in a four-storey building that was built in partnership with JTC Corp unit Ascendas. The building, which took a year to complete, occupies 50,000 sq m of industrial land. It houses CGGVeritas’ 220 employees.

The company’s data processing and imaging computer facilities - among the most powerful in Singapore - process large volumes of seismic data around the clock to support exploration and production projects in the region.

Among the services CGGVeritas offers is the translation of processed data into graphic three-dimensional representations of the earth’s subsurface that provide insight into the production potential of oil and gas reservoirs.

Source : Straits Times - 18 Jan 2008

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com

http://www.hotvictory.com

China magazine finds out what makes Singapore tick

Posted on January 18th, 2008 by Mindy Yong.
Categories: Singapore News.

China magazine finds out what makes Singapore tick

It cites factors such as leadership and cooperation between government agencies
NO TYPICAL POLITICIANS: Minister of State for National Development Grace Fu told Asian Business Leaders magazine that politicians here keep a low profile. — ST FILE PHOTO

THE Singapore politician who sings or performs on stage is a rare creature, according to junior minister Grace Fu.
‘This is not our style. We are simpler and keep a low profile,’ the Minister of State for National Development told a China-based business magazine.

Ms Fu’s comment in Asian Business Leaders formed part of an article in the latest issue of the magazine’s new series on the rise of Asia, documenting the unique experiences of each of the continent’s 53 countries.

In trying to prise loose the ’secret’ of Singapore’s success, the Chinese-language monthly interviewed several politicians, top civil servants and business leaders here.

The issues covered were extensive: from convincing Singaporeans to drink reclaimed water, to how differences between government bodies on environmental issues get resolved, as well as the country’s ’sensitivity’ to women joining politics.

In examining the story of Singapore and its achievements, the magazine pointed to factors such as far-sighted leaders who drew up long-term plans, as well as cooperation between government agencies to create an environment conducive for Singaporeans and attractive for business and investment.

‘Because a very good planning system has already been put in place, conflicts seldom arise between departments when implementing projects. Singapore’s basic urban structure was already determined 40-50 years ago,’ it said in the edition published last week.

It noted the roles of IE Singapore in helping local companies develop markets overseas, the Economic Development Board in drawing investors and the National Environment Agency’s (NEA) role in ensuring a good environment - something that has become part of Singapore’s brand image.

As has Minister Mentor Lee Kuan Yew, whom the magazine said many businessmen and others regard as a hero and role model:

‘Architect Liu Thai Ker told this magazine he once told a group of Vietnamese that the factor contributing to Singapore’s success could be summarised in three words - Lee Kuan Yew.

‘There are even entrepreneurs who claim that their management styles are similar to that of Lee Kuan Yew - farsighted, dare to take risks and able to prevail over dissenting views. Some also said that Lee Kuan Yew is Singapore’s most successful entrepreneur.’

Ms Fu was asked what a typical Singapore politician is like. Her reply in Mandarin: ‘We probably do not have typical politicians as the consideration of our leaders in forming the team is how to manage the country properly.

‘Our political hue is not as strong as others and therefore you hardly see Singapore politicians singing or performing on stage. This is not our style. We are simpler and keep a low profile.’

One of three women political office-holders, she says Singapore is still sensitive about having women in power.

Another subject of interest to the magazine was Singapore’s experience in environmental issues.

On how China can tackle its environment problems, NEA chief executive Lee Yuan Hee said there must be enough legislative safeguards for effective enforcement.

The magazine concluded that one key factor in Singapore’s success was what it termed its ‘leasing economy’. This term refers to a country that lowers its guard to attract funds and skills from other countries and multinational corporations to ‘lease its space’.

Back in 1965, such an approach was ’seen as exploitation by the leftist theory prevalent at that time’, wrote the magazine.

But then-prime minister Lee Kuan Yew, in explaining Singapore’s action, had said previously: ‘After all, Singapore did not have any natural resources for MNCs to exploit. What it has are a hardworking people, good urban infrastructure and a competent government.’

Source : Straits Times - 18 Jan 2008

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com
http://www.hotvictory.com

Record showing for Singapore top 1,000 firms

Posted on January 18th, 2008 by Mindy Yong.
Categories: Singapore News.

Record showing for Singapore top 1,000 firms

Combined sales rose to $1.3 trillion, with oil, energy-related firms in the lead

By Gabriel Chen
RISING STAR: Wing Tai Clothing, whose brands include Topman and Topshop, shines in the rankings under a newly created category based on return on equity (ROE). It secured an ROE of 412 per cent. — PHOTO: WING TAI CLOTHING

THE top 1,000 Singapore companies, both public and private, have set a spectacular new record in terms of total combined sales.
After shattering the $1 trillion turnover barrier two years ago, total sales continued to grow, rising by 11.8 per cent to $1.29 trillion for the 12 months ended May 31 last year. To put it another way, that is $1.29 million a million times over.

Growth was even sharper for combined profits, which surged by 15.5 per cent to $83.5 billion, according to credit ratings firm DP Information Group.

As in recent years, oil and energy-related firms led the way in terms of sales. Shell Eastern Trading came out ahead, followed by BP Singapore, Vitol Asia and SK Energy Asia.

Analysts say the hike in crude oil prices explains the dominance of these firms, and bodes well for both energy companies and commodity players.

Those that bagged top honours in the ratings in terms of profit, as well as other criteria, hailed from more diverse industries. Telco heavyweight SingTel clinched the top spot, followed by United Overseas Bank, DBS Group Holdings, Goodwood Park Hotel and Singapore Airlines.

Tincel Properties, in which Raffles Holdings used to have a stake, topped the return on equity (ROE) category. Newly included in the rankings, this classification means the firms can be compared in terms of the profits generated per dollar of capital invested by their shareholders.

Wing Tai Clothing also did well in this class, posting an ROE of 412 per cent. During the ranking period, the apparel retailer added nine new outlets under brands such as G2000, U2, Topshop, Topman, Dorothy Perkins and Karen Millen.

Co-produced by Ernst & Young Singapore, the ranking of the top 1,000 companies (S1000) and the top 500 small and medium-sized enterprises (SME500) is based on the annualised audited results of more than 8,000 companies incorporated in Singapore.

On a sector basis, two of the best performers in this year’s S1000 rankings were the services and financial sectors.

In the services category, Singapore Press Holdings won the net profit award, while agri-business group Wilmar International took the turnover award.

Manufacturing was the only sector to show a decline in turnover and profits.

The combined turnover of manufacturers in the S1000 was down by 8.3 per cent compared with the previous ranking period, while profits were down by 41 per cent. SME500 manufacturers fared no better, with turnover down by 17.1 per cent and profits down by 32.1 per cent.

Heavy automation engineering firm Romar Positioning Equipment bucked the downward trend and grew its profits by 304 per cent to $8.1 million. For that, it snagged this year’s SME500 net profit excellence award.

‘In the last two years, the oil and gas sector has picked up, so we rode the wave,’ says managing director Jonathan Lim.

‘He’s in the right industry as oil prices have spiralled upwards. It makes sense that oil exploration and energy-related equipment is in demand,’ said Standard Chartered Bank economist Alvin Liew.

For the SME500, sales were up by 3.4 per cent at $13.9 billion though profits rose by only 4.9 per cent to $665.5 million.

Source : Straits Times - 18 Jan 2008

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com

http://www.hotvictory.com

Wanted: Smarter search engines

Posted on January 18th, 2008 by Mindy Yong.
Categories: Singapore News.

Wanted: Smarter search engines

A*Star pits software engineers against one another in contest to change Net search technology

By Tania Tan

IMAGINE being able to search for a song online just by humming its tune.
If software engineers across the globe succeed, this could become a reality by the end of the year.

They will be competing in the Star Challenge in a bid to develop the first intelligent multimedia search engine. The winner will walk away with the top prize of US$100,000 (S$142,900).

Organised by the Agency for Science, Technology and Research (A*Star) in conjunction with the opening of the Fusionopolis, the eight-month-long competition aims to attract engineers from the world’s leading IT bodies.

‘This is not just another digital or software competition,’ said A*Star chairman Lim Chuan Poh.

‘We hope it can radically change the way people interact with multimedia information.’

Internet searches today are largely text-based, which means that search engines are usually able only to recognise specific words in a website’s content, explained Professor Lye Kin Mun, a programme director for the Science and Engineering Research Council.

It also means that text searching can often throw up unwanted or inaccurate search results, because keywords do not always reflect the content of the page.

‘Search engine technology hasn’t reached the stage where people and computers can communicate clearly,’ said Prof Lye.

The contest will challenge IT engineers to develop software that can recognise phrases, sounds and images in audio-visual media.

Searching for your favourite YouTube video may then involve simply typing in a random phrase from the clip instead of hunting down the video’s title, he explained.

The software should also provide more accurate searching, said Prof Lye, adding: ‘No more dummy searches.’

An international panel of experts from the United States and Singapore will evaluate the submissions.

Teams will compete in several rounds and the top five will be flown to Singapore for the grand final in October, during the opening of the Fusionopolis.

The technology powerhouse will bring together more than 1,500 scientists from various disciplines, including IT, precision engineering and informatics.

Source : Straits Times - 18 Jan 2008

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com

http://www.hotvictory.com

1,098 Singapore HDB flats now open for balloting

Posted on January 18th, 2008 by Mindy Yong.
Categories: Singapore Real Estate News.

1,098 Singapore HDB flats now open for balloting

THE Housing Board yesterday launched a ballot for the sale of 1,098 flats in Bedok, Clementi, Queenstown and Jurong West with demand for public housing staying on the boil.
The flats are surplus units from the board’s Selective En bloc Redevelopment Scheme, which relocates residents from ageing blocks to new ones nearby.

Such flats are usually highly coveted as they are located in mature estates near transport nodes and amenities.

Adding to the demand is the fact that recent hikes in private property prices have pushed more buyers to these government-subsidised flats.

Last month, an HDB ballot for 316 surplus flats in the outlying towns of Hougang, Sengkang and Punggol drew an overwhelming 5,147 applications.

The Government responded by committing to putting out about 6,000 new flats between last month and June.

Its latest sale exercise includes 234 studio apartments for the elderly in Queenstown and Jurong West, at a cost of $54,000 to $89,000 each.

There are also 164 three-room flats priced from $180,000 to $266,000, 516 four-room flats going for $282,000 to $400,000 and 184 five-room flats between $400,000 and $520,000.

Five unfurnished sample units in Clementi and Queenstown will be open for viewing.

While some of the flats are immediately available, others will be ready by 2012.

Online applications from potential buyers must be submitted by Feb 6.

A computer ballot will determine the queue position of eligible applicants and those shortlisted will be informed in April.

Source : Straits Times - 18 Jan 2008

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com
http://www.hotvictory.com

Info on Singapore private hospital fees

Posted on January 18th, 2008 by Mindy Yong.
Categories: Singapore News.

Info on Singapore private hospital fees

FOLLOWING the success of bringing health-care costs down by making public hospital charges known, the Health Ministry is pushing private hospitals and doctors to do the same.
Announcing this yesterday, Health Minister Khaw Boon Wan said his ministry will push this effort more aggressively through legislation later this year.

Current efforts by the private sector to do so are voluntary, resulting in large gaps in the data.

He said: ‘Don’t be shy. Why are they so shy about telling us how much they charge their patients?

‘We are not looking at individual bills but statistically - on average, the median or percentile. How much do you charge, compared to colleagues in the same speciality?’

Five years ago, the Health Ministry moved to make public the size of hospital bills - which triggered almost immediate price cuts at public hospitals that had higher prices than others.
‘This will benefit our patients and the hospitals too. It is worth doing,’ Mr Khaw said.

Hospitals in the private sector said they support any move to provide more information to patients that would enable them to make better and informed decisions on their health-care needs.

The hospitals will continue to do so by not only providing bill sizes but also clinical outcomes.

Source : Straits Times - 18 Jan 2008

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com

http://www.hotvictory.com

Singapore $33m vaccine research centre launched

Posted on January 18th, 2008 by Mindy Yong.
Categories: Singapore News.

Singapore $33m vaccine research centre launched

By Tania Tan

THE market for vaccines is fast-growing, and scientists here are jumping into the fray to develop new ones.
About 80 researchers aim to do just this in a $33 million, 6,000 sq m facility set up by the Agency for Science, Technology and Research (A*Star) and launched at the Biopolis on Tuesday.

They will examine how the human immune system reacts to cancers and infectious diseases and how the body’s natural defences can be harnessed to ward these off.

It is hoped the fruits of their work will feed the demand in the market, which is expected to grow from its current size of US$9 billion (S$13 billion) to more than US$42 billion by 2015.

When administered in injections, vaccines trigger the human body’s ability to marshal its own defences to recognise and fight off cancerous tumours.

‘It would mean life-long protection again cancers,’ said Dr Jean-Pierre Abastado, a lead investigator at the Singapore Immunology Network - SIgN for short.

His team and nine others will investigate diseases such as skin cancer, malaria and lupus, which causes the body’s defence mechanism to attack its own tissues.

Minister of State for Trade and Industry S. Iswaran, the guest of honour at the opening of the multi-million dollar centre, described it as a milestone in Phase 2 of Singapore’s push to develop its biomedical sciences sector and become a global leader.

The manufacturing output of the sector here more than trebled from $6.3 billion in 2000 to $23 billion in 2006, he noted.

Expenditure in the field also jumped 67 per cent to $5 billion over the same period.

SIgN is led by the former director-general of the French Pasteur Institute, Professor Philippe Kourilsky.

The centre will have ties to international institutes such as Japan’s Riken Centre for Allergy and Immunology and the Australian National University.

With the launch of the centre came the set-up of the Singaporean Society of Immunology, which will give scientists a networking platform.

Source : Straits Times - 18 Jan 2008

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com

http://www.hotvictory.com