Genting no longer in talks to build Singapore hotel at Sports Hub

Genting no longer in talks to build Singapore hotel at Sports Hub
SINGAPORE: Genting International has said it is no longer in talks with the Singapore Sports Hub Consortium to build a hotel in the Singapore Sports Hub.

In a statement to the Singapore Exchange (SGX), Genting said the Singapore Sports Council has decided not to have a hotel in the hub “at this point in time”.

Genting added that the subject matter of this announcement is not expected to have any material impact on the consolidated net tangible assets and earnings per share of the company for the financial year ending 31 December 2008.

It was reported earlier this year that the Singapore Sports Hub Consortium was in talks with Genting International to build a hotel at the new National Stadium and Sports Hub in Kallang. - CNA/ir
 

Source : Channel NewsAsia  - 30 April 2008

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Three Singapore residential plots up for sale in quiet market

Three Singapore residential plots up for sale in quiet market
 
One exec condo site and two 99-year leasehold suburban sites open for bids

By Joyce Teo, Property Correspondent 
BUYING interest in private homes may be relatively low now, but the Singapore Government is offering developers three new residential sites to consider buying.
Two are 99-year leasehold suburban sites, and the other is an executive condominium site.

The first - in Woodleigh Close - is seen as an attractive site by property consultants, as it is a short walk from the Potong Pasir MRT station and the yet-to-be-opened Woodleigh MRT station.

Developers can build 260 to 290 apartments on the 1.08ha site, which has a maximum gross floor area of 30,167 sq m.

Property consultants expect the site to attract bids of $300 to $370 per sq ft (psf) of gross floor area. The apartments may then sell for between $800 psf and $880 psf, they said.

CBRE Research executive director Li Hiaw Ho said the site is close to the city and amenities in the Potong Pasir HDB estate and Upper Serangoon Road.

‘It is likely to be a popular location, as two freehold projects in the vicinity - Blossoms @ Woodleigh and Parc Mondrian - launched last year were fully sold,’ said Mr Li.

Recent caveats lodged for the 240-unit Blossoms @ Woodleigh have hovered between $770 psf and $922 psf.

The 100-unit Parc Mondrian sold for between $650 psf and $720 psf last April.

The tender for the Woodleigh Close site will close on June 24. The site is on the confirmed list, where sites are put up for sale on specific dates.

But the second site in Upper Thomson Road, close to Bishan Park and Lower Peirce Reservoir Park, is on the reserve list.

This means that it will be put up for sale only if a developer commits to a minimum bid acceptable to the authorities.

The site is not near any MRT station, but it is in an established private estate.

A developer could build 380 to 420 apartments on the 2.08ha Upper Thomson Road site, which can have a gross floor area of 43,758 sq m.

To attract buyers, developers may want to consider developing a condo with eco-friendly features, which is in line with the surrounding serene environment, said Mr Nicholas Mak, Knight Frank’s director of research and consultancy.

If triggered, this site could attract bids of $200 psf to $240 psf of gross floor area, and the apartments could sell for $650 psf to $700 psf, he said.

The third site, in Sengkang, is a 17,000 sq m executive condo site on the reserve list.

This 99-year leasehold site is the third executive condo site the HDB has made available for sale in the first half of this year.

The other two are in Jurong West and Yishun Avenue 11.

Source : Straits Times  - 30 April 2008

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Businesses you can embark on from Singapore home

Businesses you can embark on from Singapore home 
APPROVED TYPES: Businesses permitted under the Home Office Scheme include transportation services, insurance and financial planning, and accountancy services. — ST FILE PHOTO
 
I HEARD that the Home Office Scheme is now extended to five years. What businesses can I run from home?

Examples of businesses that are permitted under the Home Office Scheme include:
Accountancy Services

Architectural Services

Consultancy Services (Business)

Consultancy Services (Engineering)

Consultancy Services (Information Technology/Management)

Consultancy Services (Education)

Design/Advertising Services

Transportation Services

Estate Agency

Insurance/Financial Planning Services

Technology based and knowledge intensive business

Trading Office
The owners, tenants, authorised occupiers and subtenants of HDB flats, who are 21 years old and above, are eligible to apply under the scheme.

The business should be registered with the Accounting and Corporate Regulatory Authority unless it is exempted from registration under the Business Registration Act. The business should also comply with the regulations of other government authorities and relevant licences/approvals must be obtained before the commencement of business.

To search for the licences/approvals that may be required for the business, please use the Online Business Licensing Service at the EnterpriseOne portal www.business.gov.sg
 

Source : Straits Times  - 30 April 2008

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

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Nokia opens online music store - Singapore

Nokia opens online music store  - Singapore

S’pore store is second to open in region after Australia and is believed to be largest here

By Alfred Siew, Technology Correspondent 
 
CELLPHONE maker Nokia opened what is believed to be Singapore’s largest online music store yesterday, serving up a catalogue that includes songs from both global acts like U2 and local singers like Hady Mirza.
In the latest sign that the compact disc is on the way out, the store lets users download songs onto their cellphones or home computers.

With a catalogue that the company says contains ‘millions of songs’, it will compete with existing Web stores from Soundbuzz and StarHub, which have been the main sources of online music here for years.

Nokia’s songs sell for $2 each - comparable with offerings from Soundbuzz and StarHub. Albums cost about $16.

Customers can also use a service that lets them play the entire collection online without downloading the tracks. This costs $16 a month.

Despite the small market, Nokia Singapore general manager Grant McBeath said the company opened the store because residents here are tech-savvy.
The Singapore store is the second to open in the region, after Australia.

Its aim is to replicate the success of Apple’s iTunes store, which has sold four billion songs in five years. iTunes is available in more than 20 countries but not Singapore.

The growth of such stores has been fuelled by digital downloads of songs, which users can transfer directly to an MP3 player or burn onto a CD.

In the United States, iTunes outsold major CD retailers like WalMart during the first two months of this year.

Musicians, too, are turning to digital downloads to stay in step with the new generation of fans bred on the instant gratification offered by the Internet and cellphones.

Madonna, whose first albums were released on cassette tapes and vinyl records in the 1980s, started selling songs from her latest album Hard Candy via cellphones before the CD hit stores this week.

For now, Nokia’s songs cannot be played back directly on Apple’s iPods, the most popular MP3 players, because Nokia uses a different anti-piracy technology from Apple. It is something that may irk potential customers.

Music fan and solutions engineer Yee Wai Heng, 33, said Nokia should start selling tracks without anti-piracy technology, just like iTunes has in the US. ‘It’s an unnecessary inconvenience for paying customers,’ he said.

Mr McBeath said Nokia’s new store will help sell more of its phones, many of which come with music functions like those on MP3 players.

He added that songs may be sold without any anti-piracy technology in future, so users can transfer them freely among their players.
Tune in for downloads
What: Nokia Music Store
Where: music.nokia.com.sg

How: You can download music to your PC at home or to your phone over the air. Songs cost $2 each. Also available is a $16-a-month service that lets you play, but not download, all the tracks in the store.
What: soundbuzz.com

Where: soundbuzz.com

How: Songs cost $1.99 each and you can download them to your PC and transfer them to your MP3 player later.
What: StarHub ;Play
Where: starhub.com/play

How: Songs cost $2.03 each on StarHub’s download portal, which also serves up drama series from its cable TV service.
What: SingTel MusicVibes

Where: Accessible from SingTel cellphones

How: Open to SingTel users, this service lets them download songs directly to their phones. Songs go for $2.13 under a current promotion.
Source : Straits Times  - 30 April 2008

Singapore Property - Buy , Sell , Rent , Invest

Mindy Yong

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For Rent - Tiara - District 09 -Singapore Apartment Condo Listing- 30.04.2008

For Rent - Tiara - District 09 -Singapore Apartment Condo Listing- 30.04.2008

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 — 9
Estate — TIARA, #02-ABV
Area — 890
Bedroom — 2
PSF — 5.17
Price$ — 4600
Type — C
District — 9
Estate — TIARA, #04
Area — 1508
Bedroom — 3
PSF — 4.51
Price$ — 6800
Type — C
District — 9
Estate — TIARA, #04-ABV
Area — 1302
Bedroom — 3
PSF — 4.22
Price$ — 5500
Type — C
District — 9
Estate — TIARA, #04-BELOW
Area — 850
Bedroom — 2
PSF — 5.29
Price$ — 4500
Type — C
District — 9
Estate — TIARA, #06-BELOW
Area — 850
Bedroom — 3
PSF — 7.65
Price$ — 6500
Type — C
District — 9
Estate — TIARA, #08-BELOW
Area — 1320
Bedroom — 3
PSF — 4.32
Price$ — 5700
Type — C
District — 9
Estate — TIARA, #09-ABV
Area — 1346
Bedroom — 3
PSF — 4.83
Price$ — 6500
Type — C
District — 9
Estate — TIARA, #11-ABV
Area — 893
Bedroom — 2
PSF — 5.04
Price$ — 4500
Type — C
District — 9
Estate — TIARA, #11-ABV
Area — 1300
Bedroom — 3
PSF — 4.38
Price$ — 5700
Type — C
District — 9
Estate — TIARA, #13-ABV
Area — 1507
Bedroom — 3
PSF — 4.31
Price$ — 6500
Type — C
District — 9
Estate — TIARA, #14
Area — 1345
Bedroom — 3
PSF — 4.46
Price$ — 6000
Type — C
District — 9
Estate — TIARA, #20-ABV
Area — 1302
Bedroom — 3
PSF — 4.69
Price$ — 6100
Type — C
District — 9
Estate — TIARA, #23-ABV
Area — 1507
Bedroom — 3
PSF — 4.51
Price$ — 6800
Type — C
District — 9
Estate — TIARA, #26-ABV
Area — 1475
Bedroom — 3
PSF — 4.75
Price$ — 7000
Real estate in Singapore - property of Singapore, Buy, sales, rents, investment,

MINDY YONG

( +65 ) 91002985

mindy@mindyyong.com ( email me )

For Rent - The Morningside - District 09 -Singapore Apartment Condo Listing- 30.04.2008

For Rent - The Morningside - District 09 -Singapore Apartment Condo Listing- 30.04.2008

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 — 9
Estate — THE MORNINGSIDE, #04-ABV
Area — 1722
Bedroom — 3
PSF — 3.77
Price$ — 6500
Type — C
District — 9
Estate — THE MORNINGSIDE, #07-ABV
Area — 1700
Bedroom — 3
PSF — 3.82
Price$ — 6500
Type — C
District — 9
Estate — THE MORNINGSIDE, #09-ABV
Area — 1760
Bedroom — 3
PSF — 3.86
Price$ — 6800
Type — C
District — 9
Estate — THE MORNINGSIDE, #12-ABV
Area — 1776
Bedroom — 3
PSF — 3.94
Price$ — 7000

Real estate in Singapore - property of Singapore, Buy, sales, rents, investment,

MINDY YONG

( +65 ) 91002985

mindy@mindyyong.com ( email me )

For Rent - Orchard Scotts - District 09 -Singapore Apartment Condo Listing- 30.04.2008

For Rent - Orchard Scotts - District 09 -Singapore Apartment Condo Listing- 30.04.2008

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 — 9
Estate — ORCHARD SCOTTS, BLK 3 #03
Area — 1625
Bedroom — 3
PSF — 0
Price$ — 0
Type — C
District — 9
Estate — ORCHARD SCOTTS, BLK 3 #03-BELOW
Area — 1150
Bedroom — 2
PSF — 6.96
Price$ — 8000
Type — C
District — 9
Estate — ORCHARD SCOTTS, BLK 3 #05-BELOW
Area — 1100
Bedroom — 3
PSF — 7.27
Price$ — 8000
Type — C
District — 9
Estate — ORCHARD SCOTTS, BLK 7 #04-BELOW
Area — 1044
Bedroom — 1
PSF — 7.18
Price$ — 7500
Type — C
District — 9
Estate — ORCHARD SCOTTS, BLK 7 #06-ABV
Area — 2300
Bedroom — 4
PSF — 7.61
Price$ — 17500
Type — C
District — 9
Estate — ORCHARD SCOTTS, BLK 7 #11-ABV
Area — 2110
Bedroom — 4
PSF — 7.11
Price$ — 15000
Type — C
District — 9
Estate — ORCHARD SCOTTS, BLK 7 #12-ABV
Area — 2300
Bedroom — 3
PSF — 0
Price$ — 0
Type — C
District — 9
Estate — ORCHARD SCOTTS, BLK 7 #14-ABV
Area — 936
Bedroom — 2
PSF — 7.48
Price$ — 7000

Real estate in Singapore - property of Singapore, Buy, sales, rents, investment,

MINDY YONG

( +65 ) 91002985

mindy@mindyyong.com ( email me )

For Rent - The Paterson Edge - District 09 -Singapore Apartment Condo Listing- 30.04.2008

For Rent - The Paterson Edge - District 09 -Singapore Apartment Condo Listing- 30.04.2008

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 — 9
Estate — THE PATERSON EDGE, #01-ABV
Area — 990
Bedroom — 2
PSF — 6.57
Price$ — 6500
Type — C
District — 9
Estate — THE PATERSON EDGE, #02-ABV
Area — 990
Bedroom — 2
PSF — 0
Price$ — 0
Type — C
District — 9
Estate — THE PATERSON EDGE, #03-ABV
Area — 1000
Bedroom — 2
PSF — 5.5
Price$ — 5500
Type — C
District — 9
Estate — THE PATERSON EDGE, #04-ABV
Area — 1000
Bedroom — 2
PSF — 6
Price$ — 6000
Type — C
District — 9
Estate — THE PATERSON EDGE, #04-BELOW
Area — 1011
Bedroom — 2
PSF — 6.43
Price$ — 6500
Type — C
District — 9
Estate — THE PATERSON EDGE, #04-BELOW
Area — 1313
Bedroom — 3
PSF — 5.33
Price$ — 7000
Type — C
District — 9
Estate — THE PATERSON EDGE, #05-BELOW
Area — 1012
Bedroom — 2
PSF — 5.93
Price$ — 6000
Type — C
District — 9
Estate — THE PATERSON EDGE, #06-BELOW
Area — 1000
Bedroom — 2
PSF — 5
Price$ — 5000
Type — C
District — 9
Estate — THE PATERSON EDGE, #07-ABV
Area — 1200
Bedroom — 2
PSF — 5
Price$ — 6000
Type — C
District — 9
Estate — THE PATERSON EDGE, #08-BELOW
Area — 1313
Bedroom — 3
PSF — 5.18
Price$ — 6800
Type — C
District — 26
Estate — THE PATERSON EDGE, #06-BELOW
Area — 1206
Bedroom — 2
PSF — 5.39
Price$ — 6500

Real estate in Singapore - property of Singapore, Buy, sales, rents, investment,

MINDY YONG

( +65 ) 91002985

mindy@mindyyong.com