Monthly Archives: May 2012

China disperses more money for affordable housing

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China’s central government has given out 66 billion yuan (S$13.3 billion) in subsidies to help build 2.3 million public homes for rent this year, said the Ministry of Finance. The homes are just one of five categories of state-subsidised public … Continue reading

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Boom in Malaysian property exhibitions

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Malaysian properties are gaining in popularity among prospective buyers in Singapore, witnessed by the large number of property exhibitions being advertised in various newspapers today that are offering good investment opportunities. For instance, there’s SkyPeak Residences by SP Setia, which … Continue reading

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Microsoft pulling free development tools for Windows 8 desktop apps, only lets you ride the Metro for free


  Microsoft has instituted a big change with its free Visual Studio 11 Express suite that’s leaving some current- and soon-to-be Windows 8 developers up in arms: it’s pulling support for creating anything but Metro-native apps. After 11 becomes the … Continue reading

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NVIDIA touts 30 Tegra 3 smartphones set for this year, teases next-gen Grey SoC with on-board LTE

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  We’re nearly halfway through 2012, but for NVIDIA, it seems the best is yet to come. The company’s GM, Mike Rayfield, announced today that 30 smartphones with Tegra 3 chips are now slated for availability this year, which is … Continue reading

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S’pore has least happy millionaires in Asia

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Singapore, Hong Kong and South Korea are home to Asia’s least happiest millionaires while those in Malaysia, Indonesia and Thailand are the most contented, according to a new report. The findings, part of the Futurepriority Report 2012published by Scorpio Partnership … Continue reading

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Is The Grass Really Greener Overseas?

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More than 400 overseas property deals are being done in Singapore every month, and that number looks set to increase as more developers look to tap into the local penchant for property. No official data exists for the number of … Continue reading

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Novena Ville sold in collective sale for S$131.5m

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The Novena Ville (pictured) mixed-use development has been sold to Fragrance Realty Ltd, a wholly-owned subsidiary of Fragrance Group Ltd for S$131.5 million. Located along Thomson Road, the freehold project comprises 33 apartment units and 10 shop units. It occupies … Continue reading

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Farrer Drive site up for tender

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A residential site at Farrer Drive (pictured) was launched for sale yesterday after a developer committed to bid a minimum price of S$88.89 million, said the Urban Redevelopment Authority (URA). The 99-year leasehold plot was made available for sale on … Continue reading

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Star City development in Myanmar selling well

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More than 50 percent of units at the third block of the Star City residential project (pictured) in Myanmar have been snapped up, according to Serge Pun & Associates Group (SPA Group), a joint development partner of Yoma Strategic Holdings, … Continue reading

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Facebook IPO debacle raises investor anger


NEW YORK: The spate of complaints and investigations over the Facebook stock offering suggests big institutions had an edge over small investors, raising questions about the process.     The initial public offering last week which raised a record US$16 … Continue reading

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