US home sales slow less than expected in April

US home sales slow less than expected in April
 
WASHINGTON – Sales of existing US homes, the largest segment of the housing market, fell 1 per cent in April from March, a real-estate industry group said on Friday, citing tighter lending practises.
 
Existing-home sales slowed to a seasonally adjusted annual rate of 4.89 million units from an [...]

S’pore Q1 GDP fastest since ‘05, ups CPI forecast

S’pore Q1 GDP fastest since ‘05, ups CPI forecast
 
SINGAPORE‘S economy grew in the first quarter at its fastest pace since 2005, but slightly below market expectations, and the government raised its 2008 inflation forecast and warned of increased United States recessionary risks.
Singapore’s trade-dependent economy expanded at an annualised rate of 14.6 per cent in [...]

ICJ rules for S’pore on islet dispute with Malaysia

ICJ rules for S’pore on islet dispute with Malaysia 
By Lydia Lim, Senior Political Correspondent 
 
A 28-YEAR-OLD tussle for sovereignty over Pedra Branca and its outcrops came to an end on Friday when the International Court of Justice (ICJ) awarded the main island to Singapore, and two smaller outcrops nearby to Malaysia.
The court did [...]

New URA Masterplan: Kallang, Paya Lebar the new stars

New URA Masterplan: Kallang, Paya Lebar the new stars 
 
Over 10 years they will become lifestyle and commercial hubs
By Fiona Chan, Property Reporter 
 
GOOD news, Kallang and Paya Lebar: It is your turn to shine.
The two sleepy industrial estates have been identified as Singapore’s next big urban hotspots, as the nation’s land planners [...]

$63 million in conservancy and rental rebates for HDB households

$63 million in conservancy and rental rebates for HDB households 
 
By Theresa Tan 
 
OVER 770,000 HDB households will receive $63 million worth of conservancy charges and rental rebates this fiscal year, which is from April 1 to Mar 31 next year.
All eligible households will get service and conservancy charges (SCC) rebates, of which families [...]

Industry players upbeat about plans for 2 new commercial hubs

Industry players upbeat about plans for 2 new commercial hubs
 
SINGAPORE : Industry players are upbeat about the plans for two new commercial hubs, noting that both Kallang and Paya Lebar have great potential for growth, given their close proximity to the city.
 
However, they said the timing of the various projects will have to be [...]

Over 770,000 HDB households to get S$63m worth of rebates

Over 770,000 HDB households to get S$63m worth of rebates
 
SINGAPORE: More than 770,000 HDB households will be receiving S$63 million worth of rebates for their Service and Conservancy Charges (S&CC) and rents in fiscal year 2008.
 
The Finance Ministry said all eligible households will receive S&CC rebates.
 
Three and four-room households will receive two months [...]

S’pore Q1 GDP fastest since ‘05

S’pore Q1 GDP fastest since ‘05
 
SINGAPORE – Singapore’s economy grew in the first quarter at its fastest pace since 2005, but slightly below market expectations, and the government raised its 2008 inflation forecast and warned of increased US recessionary risks.
 
Singapore’s trade-dependent economy expanded at an annualised rate of 14.6 per cent in the first quarter [...]

ICJ rules for S’pore on islet dispute with Malaysia

ICJ rules for S’pore on islet dispute with Malaysia
 
THE HAGUE – The International Court of Justice ruled on Friday in favour of Singapore in a 28-year sovereignty dispute with Malaysia over a tiny but strategic uninhabited island the size of half a football field.
 
‘The court, by 12 votes to four, finds that sovereignty … belongs [...]

Mah Bow Tan says revised application rules for new flats are fair

Mah Bow Tan says revised application rules for new flats are fair
 
SINGAPORE : National Development Minister Mah Bow Tan has said that the Housing and Development Board (HDB) has no intention to raise the administrative fee for the application of new flats.
 
Speaking on the sidelines of the Draft Master Plan Exhibition on Friday, Mr [...]