Singapore Real Estate

Tightening foreign labour policy ‘not only way to create level playing field’

Creating a level playing field between Singaporeans and foreigners is a key issue for the Government, but tightening the inflow of immigrants should not be the sole solution, said Deputy Prime Minister Tharman Shanmugaratnam yesterday.

http://www.todayonline.com/ge2015/tightening-foreign-labour-policy-not-only-way-create-level-playing-field


77 Robinson Road back on the market

THE former SEB Asset Management, which has been acquired by Savills Investment Management, is set to put 77 Robinson Road on the market again, more than four years after it last attempted to sell the 35-storey office building. The property was formerly known as SIA Building. Market watchers say the pricing expectation this time is in the region of S$2,200 psf on net lettable area (NLA), which would work out to S$649 million based on net lettable area of about 295,000 sq ft.

http://www.businesstimes.com.sg/real-estate/77-robinson-road-back-on-the-market


The 'Hungry Ghost month' effect on housing

Just as Americans have Halloween, the Chinese have the month-long Hungry Ghost Festival, which is also known as Zhong Yuan Jie, that falls in the seventh month of the Chinese lunar calendar. Based on Taoist beliefs, the gates separating the realm of hell and the realm of the living will open during the Hungry Ghost month.

http://www.straitstimes.com/opinion/the-hungry-ghost-month-effect-on-housing


Views, Reviews & Forum

DC decisions speak volumes

Anyone seeking clues as to how the Government sees the property sector ought to study the changes to development charges (DCs) announced on Monday. They provide a handy snapshot about a complex sector that is experiencing strains in some areas but regarded as healthy enough in others.

http://www.straitstimes.com/business/property/dc-decisions-speak-volumes


Global Economy & Global Real Estate

Bangkok blast expected to further weaken property market

http://www.businesstimes.com.sg/real-estate/bangkok-blast-expected-to-further-weaken-property-market


China's August home prices rise for first time in 2015: surveys

http://www.businesstimes.com.sg/real-estate/chinas-august-home-prices-rise-for-first-time-in-2015-surveys


Dubai Property Prices Fall Most in the World, Knight Frank Says

http://www.bloomberg.com/news/articles/2015-09-01/dubai-property-prices-fall-most-in-the-world-knight-frank-says


Manhattan Gets First Crowdfunded Condos

http://www.bloomberg.com/news/articles/2015-09-01/manhattan-s-first-condos-built-with-crowdfunding-arrive-near-un


Luxury Home Sales Soar as Foreigners Seek Canadian Stability

http://www.bloomberg.com/news/articles/2015-09-01/luxury-home-sales-soar-in-canada-as-foreigners-seek-stability