Malaysian development Danga Bay set to attract global firms - Daily TelegraphThe first building to be constructed is expected to be a luxury waterside condominium called Tropez. British expat James Wong said: “Singapore is getting very expensive to live in so I’m always looking at alternatives in the region. The problem is ...
Columbus Circle Condo Sells for .4 Million [PHOTOS] - International Business TimesA condo in the shimmering twin towers at 25 Columbus Circle ... NYC Real Estate Opportunities Inc., a Singapore-based company, was the buyer. The company's address, One Raffles Place, matches that of real estate company Overseas Union Enterprise ...
PropertyChitChat.Sg Launches New Real Estate Forum and Property Marketplace in Singapore - Online PR NewsThe buying section allow member to post the properties they are looking for, whether one is looking to buy a flat, apartment or condo in certain district in Singapore, they can post it there. All visitors can also seek out real estate experts and ask ...
Town council cleaners see pay rise - Channel NewsAsiaSINGAPORE: Cleaners working for town councils run by the ... The father of two used to earn S0, working as a cleaner in a condominium. Since he switched to cleaning public housing estates three years ago, his pay has gone up.
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Some money from mortgage settlement to be diverted (AP)AP - The ink wasn't even dry on a settlement with the nation's top mortgage lenders when Missouri Gov. Jay Nixon laid claim to a chunk of the money to avert a huge budget cut for public colleges and universities.
Summary Box: Home sales up 4.3 pct. in January (AP)AP - SALES UP: Sales of previously occupied homes rose in January to a seasonally adjusted annual rate of 4.57 million, the National Association of Realtors said Wednesday. That's the highest level since May 2010.
Home resales at 1-1/2 year-high, supply falls (Reuters)Reuters - Home resales rose to a 1-1/2-year high in January, pushing the supply of properties on the market to the lowest level in almost seven years in a hopeful sign for the housing sector. Past foreclosure means waiting years for new loan (AP)AP - Next to filing for bankruptcy protection, nothing wrecks your chances of qualifying for a home loan like a foreclosure.
Rising sales point to better year for housing (AP)AP - The housing market is flashing signs of health ahead of the spring-buying season. U.S. mortgage applications sagged last week: MBA (Reuters)Reuters - Applications for U.S. home mortgages tumbled last week as demand for loan refinancing sagged, an industry group said on Wednesday.
Fannie, Freddie need to tighten legal expenses: regulator (Reuters)Reuters - A government watchdog on Wednesday said Fannie Mae and Freddie Mac's regulator needs to curtail the rising cost of their legal expenses since there is no end in sight to the widening taxpayer tab keeping the two firms afloat.
Watchdog: Limit Fannie, Freddie legal fees more (AP)AP - The U.S. government regulator for Fannie Mae and Freddie Mac must do a better job limiting legal expenses paid by the two mortgage giants to their former executives facing lawsuits, a new watchdog report says.
Regulator outlines new plan for Fannie, Freddie (Reuters)Reuters - The regulator of housing giants Fannie Mae and Freddie Mac on Tuesday outlined a new strategic plan for the two government-controlled firms, stepping into a void left by congressional inaction. Gov't seeks smaller role for Fannie, Freddie (AP)AP - The government regulator for Fannie Mae and Freddie Mac has submitted a plan to Congress that would shrink the mortgage giants' role in the housing market.
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CapitaCommercial : CCT Buys DPU-accretive, New Office Tower In Singapore - 4-traders (press release)The Property was completed in the fourth quarter of 2009 during the global financial crisis when all leases were signed at the recent trough of Singapore's office market cycle. Comparing between the Property's average passing rent of S.18 per sq ft per ...
Singapore Stocks-May fall; Wilmar, transport firms in focus - Reuterssaid on Wednesday it has agreed to buy an office building on the outskirts of Singapore's central business district for S0.0 million (2.37 million). CapitaCommercial Trust will purchase the property from fund managed by LaSalle Investment ...
Indians in Singapore Lured to Property at Home by Rupee Drop - Businessweek“I missed the opportunity to buy property in Singapore when I moved here 2 1/2 years back ... The government Central Statistical Office on Feb. 7 cut India’s growth forecast to 6.9 percent for the year ending in March from 7.6 percent ...
Profile: Wheelock and Co Ltd (0020.HK) - Reuters... property leasing and hotel operations and its property portfolio consists of retail, office, service apartments and hotels, which are primarily located in Hong Kong, Mainland China and Singapore; property development, which include activities relating ...
Growth in office occupancy costs to slow over next five years: DTZ - Channel NewsAsiaaccording to property services firm, DTZ. Driven by downward pressure from negative rental growth in 2012 and 2013, Singapore joins Bangkok and Kuala Lumpur as locations that will see the lowest growth in office occupancy costs. Factors that ...
Sheffield's Meadowhall shopping centre comes on the market at £1.4bn - The GuardianThe Government of Singapore Investment Corporation's real estate ... It is the company's third-biggest property after the Broadgate office complex, which has been pre-let to Swiss bank UBS, and Regent's Place in London. The developer bought ...
Singapore Stocks-Little changed at midday, property outperforms - Life Style ExtraHongkong Land, which owns mainly office assets in Hong Kong, also bucked the broader trend and climbed 3.9 percent to .54. Another Singapore property developer Overseas Union Enterprise Ltd (OUE) rose as much as 5 percent to a five-month high after CIMB ...
Singapore Hot Stocks-OUE rises; CIMB ups target price - Reuters UKSINGAPORE Feb 9 (Reuters) - Singapore's property developer Overseas Union Enterprise Ltd ... "Despite concerns on new office take-up, recurring earnings from its completed portfolio is expected to balloon in 2012," CIMB said in a report.
Asian retail property expected to remain bullish - star.com.myIn the biannual Asian Property Outlook and Strategy report ... the group still rates the Singapore office market as Tier 1 for its attractiveness. “Pre-commitments have been healthy and the city state remains highly favoured as a global and regional ...
New office tower at site of former Market Street Car Park - Channel NewsAsia... office block is being erected at the site of Market Street Car Park in Singapore's financial district. As the market for prime-grade office space is softening, property analysts are wary that the developers may not achieve the rentals they are seeking.
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FACT CHECK: Errant claims on auto bailout, taxes (AP)AP - Twenty Republican presidential debates later, the head-scratching claims kept coming.
Take Two: Can a Second Bailout Save Greece? (Time.com)Time.com - After months of delays, arguments and doubts, euro zone finance ministers agreed on a second, 0 billion bailout of beleaguered Greece in the early hours of Tuesday morning
HP profit plummets, CEO urges patience (Reuters)Reuters - Hewlett-Packard Co's earnings fell nearly 44 percent and the world's No. 1 computer maker forecast a second-quarter profit below Wall Street estimates as it struggles with weak sales of PCs and printers.
Romney proposes 28 percent top income tax rate (Reuters)Reuters - Republican Mitt Romney revised his proposal for overhauling the U.S. tax code on Wednesday, calling for all individual tax rates to be cut by 20 percent while declining to offer specifics on how to make up the lost revenue from lower rates.
Ford to add .8B to pension plans this year (AP)AP - Ford Motor Co. will pump .8 billion into its global pension plans this year as it tries to get them closer to fully funding their obligations.
HP CEO pleads patience as earnings fall 44 pct (AP)AP - Hewlett-Packard Co. CEO Meg Whitman pleaded for patience Thursday as she described operational challenges and other internal problems that contributed to a decline in earnings at one of the world's largest technology companies. Some money from mortgage settlement to be diverted (AP)AP - The ink wasn't even dry on a settlement with the nation's top mortgage lenders when Missouri Gov. Jay Nixon laid claim to a chunk of the money to avert a huge budget cut for public colleges and universities.
Oil prices rise on continued concern about Iran (AP)AP - Oil prices rose Wednesday on the expectation that world supplies could be squeezed further because of ongoing tensions with Iran. Burned before, Fed officials cautious on rebound (Reuters)Reuters - U.S. central bank officials have good reason to be skeptical about the strength of the economy: excessive optimism has caught them flat-footed before.
Banks sink on European economic worry (Reuters)Reuters - Banks led stocks lower on Wednesday as the S&P 500 stalled near a 10-month-high after signs of weak European business activity rekindled concerns about a recession overseas. |
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