Monthly Archives: September 2012

PM Lee explains need for PSLE


PM Lee explains need for PSLE SINGAPORE: Prime Minister Lee Hsien Loong said Singapore’s education system cannot do away with the Primary School Leaving Examination (PSLE). However, he felt Singapore should look at how it can reduce the pressure of … Continue reading

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Thomson Line spells boom for nearby properties

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Singapore’s upcoming Thomson MRT Line (TSL) is expected to boost housing prices in nearby projects. In particular, older condo projects directly opposite Sin Ming station could see hefty price gains, according to MayBank KimEng Research.   Faber Garden Condominium and … Continue reading

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70 units snapped up at Gambir Ridge preview

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Gambir Ridge (pictured), a new freehold condominium at Bartley Road, saw strong take-up at its preview last Friday, with around 90 percent or 70 of the 77 units available snapped up by buyers, according to The Business Times.   Comprising … Continue reading

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Award of Tender for Residential Sites at Dairy Farm Road and Prince Charles Crescent


25 September 2012 Award of Tender for Residential Sites at Dairy Farm Road and Prince Charles Crescent The Urban Redevelopment Authority (URA) has awarded the residential sites at Dairy Farm Road and Prince Charles Crescent today. Tender for the residential … Continue reading

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Singapore developers win top awards in business and sustainability

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In recognition of their efforts towards sustainability and corporate excellence, Singapore-based developers Keppel Land and CapitaLand have been conferred international industry awards.   Keppel Land was conferred the Global Real Estate Sustainability Benchmark (GRESB), Green Mark Awards by the Building … Continue reading

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ABSD boosts taxman’s collection

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Over half a million dollars was collected by the taxman from additional stamp duties for property purchases, of which S$450 million came from the additional buyer’s stamp duty (ABSD) introduced last December, according to the Inland Revenue Authority of Singapore … Continue reading

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Temasek selling up to 500 million shares in SingTel


Temasek selling up to 500 million shares in SingTel SINGAPORE: Temasek Holdings is selling up to 500 million shares in Singapore Telecommunications Ltd (SingTel) to raise as much as US$1.34 billion.A Temasek spokeperson has confirmed this sale, saying that Temasek … Continue reading

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One Dusun Residences dominates August sales

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One Dusun Residences (pictured) off Balestier Road topped the list of best-selling projects in August, according to OrangeTee Research.   In a Singapore Business Review report, OrangeTee noted that 99 percent or 153 of the 154 units at the project … Continue reading

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MAS may relax monetary policy due to declining inflation: analysts


MAS may relax monetary policy due to declining inflation: analysts SINGAPORE: The Singapore dollar may have little room to strengthen against major currencies, given the slowdown in major Asian economies. Coupled with signs of slowing inflation growth, analysts believe that … Continue reading

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