Property 

Singapore’s luxury penthouse deals fuelled by Chinese buyers

An 11,098 square foot, triplex penthouse at Boulevard Vue sold recently for S$52 million (US$4,686 per square foot) to a buyer believed to be a Chinese national. This latest transaction means the 28-unit ultra-luxury condo by Far East Organization is fully sold to date.There has been a rash of big-ticket purchases of luxury penthouses in the prime districts, driven predominantly by Chinese buyers.At Boulevard 88, a penthouse of 6,049 sq ft, which is also the biggest in the ultra-luxury condo,… Source link

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Singapore 

Singapore’s food rescuers salvage expired, ugly food to fight waste, Singapore News

He wanted to start a platform that would allow people in Singapore to trade such information. He had observed similar efforts taking off in local universities to tell students of leftover food on campus that was free for the taking. But there were no channels for a nationwide effort, and Teo, an IT professional in his 40s, sought to plug that gap. He has modest aims. “Sometimes the quantity of the leftover food is quite small, so you can’t give it to charity homes. But the rescuers can eat it…

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Singapore 

18 play zones at Singapore’s biggest indoor mall playground Kiztopia; here are the best, Lifestyle, Singapore News

Indoor play areas are a safe haven for parents and children, providing much-needed respite for adults reaching the end of their tether. Of course, it’s a delight to kids as well.   Kiztopia, touted as Singapore’s largest indoor mall playground, is parent company Baby Heroes’ first foray into Southeast Asia outside of China, where it has four outlets. The 18,000 sq ft playground is set to open its doors on June 15. With 18 play zones, there’s bound to be something for everyone. Although some of the ‘zones’ are smaller than imagined, like the AR music…

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Property 

Seller incurs US$2.3 million, 50 per cent loss on unit at Seascape as Singapore’s Sentosa Cove continues to struggle

The loss-making deals continue at Sentosa Cove, a billionaire’s playground in Singapore that has become a lesson about the pitfalls of property speculation.The seller of a 2,336 square foot, three-bedroom home at Seascape incurred a S$3.17 million (US$2.32 million) loss on May 23, the most unprofitable transaction in Singapore during the week of May 21 to 28.The ground-floor unit was one of the first to be purchased when the seafront condo in Sentosa’s residential enclave was first launched for… Source link

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Singapore 

How Singapore’s LGBT movement became a force where others struggle, Singapore News

For example, under Singapore’s Public Order Act, a police permit is required before any form of public gatherings can be held. The only exception is at the Speakers’ Corner in Hong Lim Park, the city’s only free speech site. But authorities have said that a permit is still needed if foreigners are involved, or if race and religion are discussed as part of the protest. “The issue of public assembly is a problem that many activists face, and organising gatherings in public spaces is difficult here,” said Jean Chong, the…

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Home 

Blackstone buys logistics assets from Singapore’s GLP for record US$18.7 billion

Private equity giant Blackstone has agreed to buy US$18.7 billion worth of assets from Singapore logistics firm GLP in a deal that is touted to be the largest private real-estate transaction ever, and a vote of confidence in the future of online retailing.The transaction will see Blackstone buy assets from three of GLP’s US funds, including 179 million square feet of urban, infill logistics assets, which would nearly double the size of Blackstone’s existing US industrial footprint.Blackstone… Source link

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Singapore 

Malaysian law minister Liew denies interfering with Singapore’s judicial system, Malaysia, Singapore News

PETALING JAYA – De facto Law Minister Datuk Liew Vui Keong has denied interfering with the Singapore Court of Appeal’s decision to stay the execution of P. Pannir Selvam, a Malaysian citizen convicted of a drug charge. Liew, who is Minister in the Prime Minister’s Department, said “a certain quarter” in Singapore – whom he did not identify – had made serious allegations against him about the matter in the past few days. “The allegation that I have interfered with their judicial system is totally unfounded and baseless. It’s purely a…

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Singapore 

Singapore’s largest indoor mall playground to open at Marina Square, Singapore News

Parents of hard-to-handle children will be happy to know that there’ll soon be another souped up playground in town to let your kids run wild. Kiztopia, marketed as Singapore’s largest edutainment playground in a shopping mall, will be opening its doors on June 15 at Marina Square.  The mall is already home to another popular kids’ playground, Pororopark. So how does it compare? Based on information that’s been released to the media, Kiztopia boasts a whopping 18 different play areas, including an indoor driving school, role-play rooms, a ‘ninja warrior’ course and even ‘augmented…

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Singapore 

Singapore’s largest indoor playground located in a mall to open at Marina Square, Singapore News

Parents of hard-to-handle children will be happy to know that there’ll soon be another souped up playground in town to let your kids run wild. Kiztopia, marketed as Singapore’s largest edutainment playground in a shopping mall, will be opening its doors on June 15 at Marina Square.  The mall is already home to another popular kids’ playground, Pororopark. So how does it compare? Based on information that’s been released to the media, Kiztopia boasts a whopping 18 different play areas, including an indoor driving school, role-play rooms, a ‘ninja warrior’ course and even ‘augmented…

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Home 

Hong Kong investors take advantage of a correction in Singapore’s property prices

Hong Kong investors are renewing their interest in Singapore, betting property prices will recover in the second half of this year, according to property consultants.Just 29 homes were sold to Hong Kong buyers in 2018, some 42 per cent fewer than the previous year, after the Singaporean government introduced cooling measures to curb foreign buying demand.The Additional Buyer’s Stamp Duty for foreign buyers was increased to 20 per cent from 15 per cent in July last year, while the loan-to-value… Source link

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