Career Job Opportunities , Join Property Elite as Singapore property Advisor - Video

Career Job Opportunities , Join Property Elite as Singapore property Advisor - Video

We will develop the future. Seeks not only works, moreover enterprise? You want the flexibility to establish you business. Controls your time. Infinite income potential possibility? Wants to be own boss? What is sells the enterprise the advantage in the real estate ? Work in your time! Does not have the limit to your income! You are the boss! Good balance between family enterprise. Builds you customer database.

Why a career in Singapore Real Estate?

To have a house is one of the basic needs for man?s. It is here that they can establish their future, raise a family and carry out their dreams. You will never miss people who would like to buy, sell, or rent a property. The request of the properties is always there. You just must benefit from the market. Many has the become millionaires of the businesses of real estate.

As an adviser of real estate, our charge is to provide the perfect solution to their needs and to offer to property to our customers the valid council on what to make with their property. We treat our customers like our personal friends, giving the their advice and the recommendations healthy in financial planning, with forecasts of tendency, problems of relocalization, to conceive of interior and with other services of real estate. We are impassioned and aggressive in our work to give you, our customers the BEST SERVICE of REAL ESTATE available. We are burning and aggressive, taking the pride in our work.

How much can I expect to earn from this career ?

There is no ceiling with which professional of real estate can gain. Clerk you, gaining at least $100K by the first year will not be any more dream.

STOP TO THINKING, STOPPING IT, NOW TO HESITATING, ACT!!!

You are a part of this career of the warm and friendly people and the beginning, to your dreams come to let applicable!

The time to begin is immediately!

The real estate of Singapore - the buy, the sale, rent, invests, buy of the property of Singapore, sale and real estate in Singapore of rent: classified property, property trades them and industrial residential of the apartments. Apartments of HDB to sell and rent. The foreign investor, the buyers, renters or expats of reassignment can easy find their house landed ideal, the bungalow, the semi-d, the terrazzo, the condominium, the city house, the classified apartment, HDB, HUDC, the office, the store, the factory, land right of the warehouse here.

MINDY YONG
( +65 ) 91002985
mindy@mindyyong.com ( email me )
http://www.hotvictory.com

Singapore JTC ready-built facilities’ take-up hits record

Singapore JTC ready-built facilities’ take-up hits record

By UMA SHANKARI
AS A result of strong economic growth and a buoyant industrial space market in 2007, Singapore’s biggest industrial landlord JTC yesterday said that net take-up for its ready-built facilities reached a new record high of 214,700 sq m in 2007. This surpasses the previous record of 179,600 sq m set in 2005.
Similarly, a new high was also set for its prepared industrial land, which saw a net take-up of 341 ha in 2007.

The growth in the ready-built facilities segment came from increases in net allocation for flatted, stack-up and standard factory space, JTC said.

The overall occupancy for ready-built facilities rose to 92.7 per cent in 2007, from 87.8 per cent in 2006.

Gross allocation of ready-built facilities rose by 42 per cent to 399,900 sq m in 2007, from 281,000 sq m in 2006. However, the termination level also increased by 14 per cent year-on-year to 185,200 sq m in 2007 - giving a net allocation of 214,700 sq m.

For prepared industrial land, the robust net allocation was mainly due to ‘exceptionally strong’ gross allocation of 451 ha, an increase of 42 per cent over 2006, JTC said.

As a result, the occupancy rate for prepared industrial land reached 89 per cent last year. The bulk of the increase in net allocation came from specialised parks (which accounted for 250 ha - or 73 per cent - of the total net allocation of 342 ha). There was significant growth in net allocations for Jurong Island (156 ha) and Wafer Fab Park (42 ha).

JTC also said that the chemical sector made up 50 per cent of the total gross allocation of prepared industrial land for 2007. Manufacturing related and supporting sectors (such as logistics and services) accounted for 13 per cent and 12 per cent respectively of total gross allocation.

Market observers have said that rents and occupancy levels improved across all industrial space last year as many international companies have recently turned their sights on Singapore on the back of Asia’s growth.

Rents and occupancy rates for all industrial space are expected to continue growing this year, they said.

Source : Straits Times  - 01 Feb 2008

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com

1st transitional office block ready in Sept - Singapore

1st transitional office block ready in Sept - Singapore

By UMA SHANKARI

BY September, Singapore’s first transitional office building will be ready for its tenant, Prudential Assurance Company Singapore, said the project’s developer yesterday.
Kop Capital, which is jointly developing the upcoming Scotts Spazio with partners Hwa Hong Group and Dubai Investment Group, said that the project would cost about $75 million - including the land cost of $37 million. Ground breaking for the four-storey development, next to Newton MRT station, was held yesterday.

Prudential, which has leased the building for 14 years, will be paying $6.50 per square foot a month. The site was sold by the Urban Redevelopment Authority (URA) in August 2007 with a 15-year lease. The building will have 150,000 sq ft of space, Prudential said.

The URA started releasing transitional office sites last year to help ease the supply crunch for space in the office sector.

The Scotts Road site was the first to be offered and it attracted a whopping 11 bids when the maiden tender closed, with the highest offer of $37 million put in by Kop Capital and its partners.

Prudential chief executive Philip Seah said that the company would relocate some 2,500 of its staff, mostly from its current offices in Fuji Xerox Building and Bugis Junction, where its leases are ending.

‘Consistent with our image of prominence, we were looking for a strategic location to relocate two of our existing agency centres,’ Mr Seah said. ‘The first transitional office site at Scotts Road proved to be ideal.’

The rent at Scotts Spazio is about half of what the company could potentially pay were it to stay on at Fuji Xerox and Bugis Junction, Mr Seah said.

Source : Straits Times  - 01 Feb 2008

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com

Sino-Singapore eco-city project starts with planning KPIs

Sino-Singapore eco-city project starts with planning KPIs

By LYNETTE KHOO
THE Sino-Singapore Tianjin Eco-City project got off to a good start yesterday as the committee overseeing the development met for the first time, hammering out key performance indicators (KPIs) to guide the planning of the project.
The KPIs emphasised preserving and restoring the natural ecology, recycling and efficient use of resources, social cohesion, green consumption and low carbon emission. This is in line with the vision for the project to become a model of sustainable development that is socially harmonious, environmentally friendly and resource efficient.

The meeting in the northern port city of Tianjin was hosted by the co-chairmen of the Joint Working Committee (JWC) - Singapore’s Minister for National Development Mah Bow Tan and China’s Minister of Construction Wang Guangtao.

Issuing congratulatory letters to the JWC for initiating the meeting, Singapore Deputy Prime Minister Wong Kan Seng and Chinese Vice-Premier Wu Yi pointed out the importance of the KPIs in laying the foundation to achieve the developmental goals of the eco-city.

One KPI is aimed at shortening the travelling distance of the residents through green transportation planning. This is to achieve a long-term target of at least 90 per cent of the residents walking, using public transport or cycling when they commute within the eco-city. Sufficient jobs also need to be generated within the eco-city to fulfil the employment-housing equilibrium index. This will ensure that the economy is vibrant and reduce the need for residents to travel beyond the city daily.

To develop a cohesive community, there will be public housing with social amenities and facilities, as well as 100 per cent barrier-free access in the Eco-city.

This project is the second instance of key bilateral cooperation between Singapore and China after the Suzhou Industrial Park. Since the signing of the framework agreement last year, both countries began formulating the KPIs, related technical standards, as well as the master plan.

Undertaking this development will be the Eco-city Administrative Committee and the joint venture company, which are in the process of being formed. The joint venture company will comprise a Singapore consortium led by Keppel Corp and a Chinese consortium led by Tianjin TEDA Investment Holdings Co.

The master plan is slated to be completed by the end of March and detailed plans of the start-up area will be unveiled by the end of May. The ground-breaking ceremony is scheduled to take place in Tianjin in July.

Source : Straits Times  - 01 Feb 2008

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com

Three new pacts inked to boost Singapore-Qatar links - IN DOHA

Three new pacts inked to boost Singapore-Qatar links - IN DOHA

Spring and Qatari Businessmen Association agree to help smaller firms work closer together
By OH BOON PING
IN DOHA, QATAR
SENIOR Minister Goh Chok Tong’s latest visit to Qatar saw three agreements signed between Singapore organisations and their Qatari counterparts, including stakes in an investment project and efforts to foster collaboration among the smaller firms.

Doha visit: SM Goh, accompanied by Umej Singh Bhatia (left), Charge d’Affaires from the Singapore Embassy in Qatar; Minister of State for Education Lui Tuck Yew (second from right); and Wong Kwok Pun, Singapore’s Ambassador to Qatar, taking a boat ride to view the construction site of Pearl-Qatar, a man made island in Doha
At the Qatar-Singapore Business Forum yesterday, Keppel Corp sealed an agreement with the Qatar Investment Authority for the latter to take an equity stake in the Singapore Consortium for the Sino-Singapore Tianjin Eco-City project.

The 30 sq km Eco-City site straddles the districts of Hangu and Tanggu, and is within a designated resort and recreation zone in Tianjin’s Binhai New Area.

The entire project will be developed in phases with the initial phase comprising an area of about three sq km.

Said Keppel executive chairman Lim Chee Onn: ‘The Eco-City is envisioned to be a thriving, self-sustainable development that integrates society, the economy and the environment harmoniously to create an optimal setting for ‘live-work-play’.’

At the event, Keppel also unveiled a concept proposal to transform and enhance the surrounding area of its Doha North Sewage Treatment Works into an EcoPark.

Specifically, treated water from the Doha North facility will irrigate the EcoPark to provide a green space for the local community to learn, work and play, the company said.

The facility is expected to be operational in 2010, with a peak design capacity to treat waste water of up to 439,000 cubic metres each day.

The senior minister also witnessed the signing of a memorandum of understanding between Spring Singapore and the Qatari Businessmen Association (QBA).

The pact aims to foster greater collaboration among the small and medium-sized enterprises (SME) in both countries. Spring Singapore may also share its experience in helping the SME community. The third agreement, inked between the Singapore Business Federation and the QBA, will see both parties facilitate exchanges to boost business cooperation, share information, experiences and explore business opportunities.

The aim is to spur bilateral trade. Last year, trade between Singapore and Qatar rose 60.7 per cent to $6.67 billion.
Source : Straits Times  - 01 Feb 2008

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com

KepCorp posts record earnings - Singapore

KepCorp posts record earnings - Singapore

By CONRAD RAJ
KEPPEL Corporation, the world’s largest builder of offshore oil rigs, yesterday announced another set of record breaking earnings for both the fourth quarter and the full year ended Dec 31, 2007.

For the fourth quarter, net earnings shot up 46 per cent to $268 million from $184 million a year ago on a 38 per cent increase in revenue to $3.36 billion from $2.44 billion.

For the full year, Keppel saw total group revenue of $10.43 billion, surpassing the $10 billion mark for the first time. This was 37 per cent more than the previous year’s $7.6 billion.

Also for the first time, full-year net earnings breached the billion-dollar mark with the group posting net profits of $1.03 billion compared with $750.8 million a year ago. The consensus average forecast of 15 analysts polled by Reuters Estimates was almost on the mark with their target of $1.05 billion. For the current financial year, they are targeting net profits of $1.27 billion.

Including exceptional items, the full-year net profit came to $1.13 billion.

Commenting on the results, Keppel executive chairman Lim Chee Onn said: ‘All our key businesses performed better in 2007 when compared with the preceding year.’
He also pointed out that compounded annual growth rates for both net earnings and earnings per share (EPS) was about 23 per cent over the last seven years.

Reviewing the sectors, he noted: ‘Keppel Offshore & Marine (KOM) has increased its net orderbook to $12.2 billion and it is now accepting orders for 2011 delivery. Our long-term partnerships with customers remain robust and they continue to entrust us with repeat orders.’ The sector, thanks to the huge demand for oil rigs and ship repair, accounted for $7.26 billion in revenue and $522 million in net earnings before exceptional items.

Subsidiary Singapore Petroleum Company, which on Wednesday reported a 79 per cent jump in net earnings to a record $508 million, ‘had a successful year executing its strategy to grow its upstream business’, Mr Lim remarked.

‘Keppel Land also made significant strides last year in extending its regional reach and growing its townships and integrated lifestyle developments. It also took advantage of the strong office market to secure long-term leases,’ Mr Lim said. Keppel Corp saw a 118 per cent jump in net earnings, before exceptional items, to $209 million for its property segment on a 59 per cent increase in revenue to $1.83 billion.

The infrastructure sector, which has been suffering losses for some years, now reported net earnings of $26.4 million before exceptionals compared with a previous loss of $35 million.

Full-year earnings per share (EPS) increased 36 per cent to 64.9 cents. To commemorate the group’s 40th anniversary, Keppel Corp is paying a final dividend of 10 cents a share, a capital distribution of 25 cents and a special dividend of 20 cents, which together with an interim dividend of 9 cents brought 2007 distribution to 64 cents a share.

Return on equity rose from 19.1 per cent to 21.8 per cent, one of the highest among major companies in Singapore.

Net gearing has been lowered to 9 per cent as a result of free cash flow of $1.2 billion.

On prospects, group finance head Teo Soon Hoe said: ‘We have broadened our earnings base effectively in the last few years. Keppel Offshore & Marine remains a strong contributor of 50 per cent to the bottom line of the group. Properties and the oil & gas business under SPC contribute more than 20 per cent each.’

‘Also, there is the potential to use our infrastructure technologies in the Tianjin eco-city project for the next 10 to 15 years,’ he added.

Keppel shares hit an all-time high of $15.30 each in the last quarter of 2007, up 50 per cent. They have since retreated amid the recent market turmoil. The stock closed trading yesterday at $11.32.

Source : Straits Times  - 01 Feb 2008

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com

S’pore F&N looking for new investments

S’pore F&N looking for new investments

Market turbulence can throw up opportunities for bargains: Hsien Yang
By CONRAD RAJ
WHILE the current stockmarket turmoil and high prices of raw materials are sources of concern, they also provide opportunities for investment, and Fraser & Neave is on the lookout for such opportunities, the company’s new chairman said yesterday.
Former SingTel CEO Lee Hsien Yang, in his first appearance before shareholders as F&N’s chairman at its annual general meeting yesterday, was responding to a shareholder’s question on the impact of the current market volatility and high oil and other raw material prices on F&N.

Mr Lee said these were risks for any company and F&N mitigates the impact in several ways including securing part of its supplies at reasonable cost ahead of time, through proper foreign exchange management and by passing on part of the costs to customers.

‘Sometimes turbulence means opportunities to make investments at good prices, and F&N is looking for new investments, especially in the food and beverage sector,’ he said.

As he had done at SingTel, Mr Lee effortlessly dealt with a slew of questions. He must have been pretty convincing, as all nine resolutions - including one to combine his consultancy fee of $1 million together with his normal fees of $250,000 as chairman - were passed without a single opposing vote from any of the 200-odd shareholders present.

As Securities Investors Association of Singapore (SIAS) president David Gerald put it: ‘He is now chairman of F&N, one of Singapore’s largest conglomerates . . . F&N is a leading pan-Asian F&B company with 125 years of heritage. It has a ready and fantastic platform to globalise its business . . . With the amount of work he is going to do as chairman, you just have to remunerate him sufficiently . . . If his past record at SingTel is anything to go by, shareholders should watch this space for things to happen and F&N’s transparency to improve markedly.

‘During the transitional period, pending the appointment of the new CEO, Mr Lee is undertaking the huge task of acting CEO and chairman of the group. The fees of $1 million payable to him is, therefore, not commensurate with his expected contributions and efforts. He deserves more.’

Mr Gerald also felt that the $3 million paid to board member Nicky Tan’s company nTan for broking Temasek Holdings’ investment in F&N was proper, as the company got a good deal.

Mr Lee assured shareholders that the company would improve its corporate governance, which he described as a ‘constantly evolving’ process.

On the ongoing case against subsidiary Asia Pacific Breweries by two European banks which are seeking to recover some $100 million in loans made to a former finance manager, Chia Teck Leng (who has since been convicted and jailed for defrauding the two banks and two others of millions of dollars), F&N said no provisions had been made other than for legal fees. Mr Lee said the company would ‘vigorously’ defend itself against the banks’ accusations.

No shareholder expressed interest in the company’s quest for a new CEO. But Mr Lee told reporters after the AGM: ‘I have no desire to stay on as acting CEO or executive chairman for long.’ He said the company would announce a new CEO in ‘due course’.

As to why he joined F&N instead of taking up any of the numerous other offers, he quipped: ‘I thought it would be a fun company to join.’

Source : Straits Times  - 01 Feb 2008

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com

Property-related loans still growing - Singapore

Property-related loans still growing - Singapore

By CHOW PENN NEE

LOCAL bank lending related to property shows no sign of abating despite an impending US recession and associated slowdown of the Singapore economy.
Total property-related loans, which include housing loans and lending to building and construction businesses, was 3.2 per cent higher in December than the previous month, reaching $110.7 billion, according to preliminary data released by the Monetary Authority of Singapore (MAS) yesterday.

On a yearly basis, property-related loans were up 23.4 per cent from Dec 2006’s figure of $89.7 billion.

These loans constituted the main bulk of banks’ lending business here, boosting total loans and advances to $233.4 billion in December last year. This figure is 20 per cent higher than in December 2006.

Loans grew despite measures undertaken by the government to cool the property sector. Last October, the government unexpectedly removed the deferred payment scheme for homebuyers, in an apparent bid to curb speculation.

Lending to building and construction firms jumped 42.6 per cent from a year ago to $37.5 billion. On a monthly basis, the loans were up 8.7 per cent.

December also saw loans to homebuyers reach $73.1 billion, or 15 per cent higher than a year ago, and 0.6 per cent up month-on- month.

Generally, loans to most business segments went up, except loans to sectors such as agriculture, mining and quarrying, manufacturing and business services.

Borrowing by business services companies has been on a downtrend since last November. It surged to $5.3 billion in October, then dropped 12 per cent to $4.7 billion in November and by a further 2 per cent in December.

Meanwhile, housing loans were the biggest component of bank lending to consumers. Lending to other segments like share financing and credit cards also continued to grow, although these accounted for only about 7 per cent of total consumer lending.

The number of credit cards in circulation, including supplementary cards, shrank marginally by 0.5 per cent over the month to 5.7 million at end-December. But the total credit card rollover balance - that portion of the credit card debt that is subject to interest charges - went up over the month to $3.02 billion, from $2.99 billion.

Overall, month-on month, and on a yearly basis, loans to businesses grew at a faster pace than loans to consumers. Monthly, loans to businesses rose 5 per cent to $127.8 billion, while consumer loans grew only 0.6 per cent to $105.6 billion.

Year-on-year, business loans grew 26.3 per cent while consumer loans expanded 13.1 per cent.
Source : Straits Times  - 01 Feb 2008

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com

Wall Street expects another Fed rate cut next month - New York

Wall Street expects another Fed rate cut next month  - New York

Nine of the 16 dealers polled foresee a 0.25 percentage point cut at March 18 meeting

NEW YORK - WALL Street predicts the Federal Reserve will cut interest rates again next month but its actions beyond that are unclear, a Reuters poll showed after the United States central bank slashed key rates on Wednesday.
Fifteen of the 16 primary dealers polled expect the Fed to cut the key federal funds rate - the interest rate that banks charge each other for short-term loans - at its next rate-setting meeting on March 18.

Nine of those expect the Fed to cut another quarter percentage point, while six firms see a larger 50 basis point reduction.

The Fed cut rates by another half point to 3 per cent on Wednesday, completing an eight-day run during which the US central bank slashed the rate more than at any time since 1990.

The move was made in an effort to stave off recession and what the Fed fears could be an economy-damaging credit crunch.

With this latest cut and the 0.75 percentage point cut on Jan 22, the Fed has sliced rates by 1.25 percentage points in a little over a week. And policymakers suggested on Wednesday that they were prepared to cut still deeper if necessary.

In a statement explaining their latest move, Fed policymakers cited financial market conditions as remaining ‘under considerable stress’ and warned that ‘credit has tightened further for some businesses and households’.

They also said that ‘recent information indicates a deepening of the housing contraction as well as some softening in labour markets’.

Analysts said that the policymakers’ focus on markets indicated the extent of their concern about a financial freeze-up.

Usually, the central bank goes to some length to avoid appearing as if it is responding directly to markets and investors, and instead emphasises its attention on the broader economy.

The latest Fed move came as the government announced on Wednesday that the US economy almost stalled in the last quarter with economic growth falling to 0.6 per cent - half the rate analysts were expecting.

REUTERS
Source : Straits Times  - 01 Feb 2008

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com

BMW raises Asia sales goal, shrugs off recession worries - Tokyo

BMW raises Asia sales goal, shrugs off recession worries  - Tokyo

By Bryan Lee

TOKYO - SHRUGGING off fears of a recession in the United States, German premium carmaker BMW yesterday raised its sales target in Asia after exceeding an existing goal a year ahead of schedule.
A senior executive said global orders were still flowing in, adding that aggressive responses by US policymakers could yet keep the world’s largest economy - and BMW’s biggest market - from contracting.

‘We’re not concerned with what we see in 2008. We will continue to grow, and we are quite positive on the growth,’ said sales and marketing head Stefan Krause.

‘As we went into the end of last year, we saw BMW group sales rising. We had an extremely strong November. We had an even better December, and January continued to be on the same track.’

Worldwide sales in December hit 153,000, up 18.2 per cent over the same month in 2006.

BMW sold more than 159,000 vehicles in Asia last year across its BMW, Mini and Rolls-Royce brands, exceeding a medium-term goal of 150,000 set for this year.

The company is now set on raising its annual sales in Asia to 200,000 by 2012.

Last year’s 12.2 per cent increase came as design-centric drivers snapped up Mini hatchbacks, while the growing ranks of the wealthy in China and India made more space in their garages for Rolls-Royces.

In Singapore, BMW said its mainstay brand led the local market, accounting for more than 30 per cent of premium cars sold in the Republic. It sold close to 300 Minis, a 47 per cent rise.

On Wednesday, the company reported a 14.5 per cent rise in revenues to 56 billion euros (S$117.5 billion) on the back of a 9.2 per cent increase in global sales to 1.5 million vehicles.

‘We expect sales to continue the successful course in 2008, both in Asia and worldwide,’ said Mr Krause.

He said Asian sales this year should grow within the ‘higher one-digit range’.

Mr Krause said the lower forecast was not due to concerns about a slowing global economy.

‘There’s a risk of a recession in the US, but it remains a risk. It’s not a fact at this point,’ he said, adding that aggressive action by the US Federal Reserve could keep the US economy out of the red.

In any case, Mr Krause said, BMW customers are typically quite wealthy.

‘From our previous experiences, even a significant decline in the stock market or a significant decline in housing prices does not necessarily affect our customers.’

Still, a protracted US recession, if it happens, would hurt car sales in general, Mr Krause admitted, adding that the weaker greenback is already eating into profit margins from US sales.

He said the Asian forecast was a little conservative, ‘but we like to beat our predictions’.

It is hard to predict how popular new niche models like the Mini Clubman, the 1-Series and the X6 sport utility vehicle will fare when they are launched later this year, he explained.

‘We’ve been more than once surprised with stronger growth than we expected.’

Source : Straits Times  - 01 Feb 2008

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com