Straits Times: Fix bank-or-CPF charge problem

EN BLOC BATTLES
By Jessica Cheam, PROPERTY REPORTER
THE Strata Titles Board’s (STB’s) recent decision to throw out the sale of Tampines Court has put an end to a three-year en bloc saga. But the issues raised during the objectors’ hearings will no doubt resurface again in future en bloc sales. They deserve a closer look.
Essentially, STB [...]

Straits Times: Big US bank ‘could go under soon’

Harvard don says worst of credit crunch still ahead, lean times loom
By Bonnie Oeni
A LEADING United States economist warned yesterday in a speech delivered in Singapore that a major US bank could collapse within months, in the continuing fallout from the global credit crunch.
Professor Kenneth Rogoff, former chief economist at the International Monetary Fund (IMF), [...]

Straits Times: Welsh school banks on first overseas campus here

THE University of Wales Institute, Cardiff (UWIC) has set up its first overseas campus in Singapore with a focus on banking and finance programmes.
With private school East Asia Institute of Management (EASB) as a partner, UWIC will hold its classes at the former’s Henderson Road campus while it looks for a permanent site.
It will offer [...]

Business Times: Transitional office sites seek niche as market cools

Analysts expect lukewarm response as fresh site is rolled out at Mohd Sultan Road
(SINGAPORE) Sentiment in the Singapore office investment market is worsening, but Urban Redevelopment Authority yesterday rolled out another 15-year leasehold transitional office site as scheduled, this time in the pubbing district of Mohamed Sultan Road.
This is the seventh transitional office site URA [...]

Business Times: More land, buildings for foreign schools

4 state buildings, 3 land parcels tagged; government inviting FSS proposals
By LEE U-WEN
THE government wants more foreign schools in Singapore to provide places for children of the growing number of expatriates moving here to work.
Four more state buildings and three land parcels have been identified for use as Foreign System Schools (FSS).
The buildings are the [...]

Business Times: Hoi Hup-led group top bidder for DBSS site in Toa Payoh

Its bid of about $198.82m works out to about $160 per sq ft per plot ratio
By KALPANA RASHIWALA
A CONSORTIUM led by Hoi Hup Realty has emerged as the top bidder for a Housing & Development Board Design, Build and Sell Scheme (DBSS) site at Lorong 1A Toa Payoh.
Its bid of about S$198.82 million works out [...]

Business Times: China property sector slowing down

(BEIJING) Property investment has slowed in China since mid-year, both in value and land area, amid tighter credit and buyers’ uncertainty, official statistics released yesterday show.
The National Bureau of Statistics said that between January and July, investment in real estate development totalled 1.588 trillion yuan (S$326.7 billion), up 30.9 per cent year-on-year.
However, the rate of [...]