#360fit: the St. Regis offers the perfect place to kick back and relax

Singapore's biggest loss-making apartment sale cushioned by currency fluctuations

Japanese billionaire Katsumi Tada suffered the biggest apartment sale loss of $15.8 million in Singapore when he sold a St Regis penthouse purchased for $28 million in May 2007 for just $12.2 million last month. Based on Bloomberg data, one Singapore dollar was equivalent to 78 yen in 2007 when Tada bought the penthouse.

  • #360fit: the St. Regis offers the perfect place to kick back and relax
    Singapore's biggest loss-making apartment sale cushioned by currency fluctuations PropertyGuru.com.sg - 10 hours ago

    Japanese billionaire Katsumi Tada suffered the biggest apartment sale loss of $15.8 million in Singapore when he sold a St Regis penthouse purchased for $28 million in May 2007 for just $12.2 million last … More »Singapore's biggest loss-making apartment sale cushioned by currency fluctuations

    #360fit: the St. Regis offers the perfect place to kick back and relax

    Japanese billionaire Katsumi Tada suffered the biggest apartment sale loss of $15.8 million in Singapore when he sold a St Regis penthouse purchased for $28 million in May 2007 for just $12.2 million last month. Based on Bloomberg data, one Singapore dollar was equivalent to 78 yen in 2007 when Tada bought the penthou …

  • Swanky apartments register significant losses at auctions PropertyGuru.com.sg - 11 hours ago

    More high-end homes went under the hammer at significant losses to opportunistic buyers during the first quarter of 2015, revealed Colliers International and reported in the media. The Colliers report … More »Swanky apartments register significant losses at auctions

    More high-end homes went under the hammer at significant losses to opportunistic buyers during the first quarter of 2015, revealed Colliers International and reported in the media. The Colliers report noted that five units in the central region were sold at auctions in Q1 2015, including two apartments at Twin Regency …

  • Singapore residential market: correlation with crude oil prices? PropertyGuru.com.sg - 12 hours ago

    Recent headlines have been dominated by the volatility of global crude oil prices. In early February, oil prices hit a 52-week low at around USD 44 per barrel, more than 50 percent down from a 52-week … More »Singapore residential market: correlation with crude oil prices?

    Recent headlines have been dominated by the volatility of global crude oil prices. In early February, oil prices hit a 52-week low at around USD 44 per barrel, more than 50 percent down from a 52-week high of around USD 100 per barrel in mid-2014. While prices have recovered slightly to USD 47 per barrel as at the time …

  • Eye on Holland Village: From kampong to bohemian enclave PropertyGuru.com.sg - 12 hours ago

    With its artisanal coffee shops, numerous dining spots and lively atmosphere, Holland Village, which was once a kampung filled with plantations and nurseries, has developed to become one of Singapores … More »Eye on Holland Village: From kampong to bohemian enclave

    With its artisanal coffee shops, numerous dining spots and lively atmosphere, Holland Village, which was once a kampung filled with plantations and nurseries, has developed to become one of Singapores hottest lifestyle destinations. When one thinks of Holland Village, the images that usually come to mind are: cool bars, …

  • Fringe areas in London a hit with overseas buyers PropertyGuru.com.sg - 13 hours ago

    Many Singaporeans are still turning to overseas property investments to avoid paying the seven percent stamp duty on second properties, and 10 percent for third properties in the city-state. From 2012 … More »Fringe areas in London a hit with overseas buyers

    Many Singaporeans are still turning to overseas property investments to avoid paying the seven percent stamp duty on second properties, and 10 percent for third properties in the city-state. From 2012 to 2013, the value of such purchases made through real estate agents in Singapore grew from $1.4 billion to $2.0 billion, …

  • Two owners appeal ruling on Gilstead Court sale PropertyGuru.com.sg - Fri, Mar 27, 2015 10:00 AM SGT

    Two homeowners at Gilstead Court in Newton have appealed a decision by the High Court which gave the green light for the en bloc sale of the condominium, according to media reports. Represented by Stamford … More »Two owners appeal ruling on Gilstead Court sale

    Two homeowners at Gilstead Court in Newton have appealed a decision by the High Court which gave the green light for the en bloc sale of the condominium, according to media reports. Represented by Stamford Law Corporation director Adrian Tan, the minority owners are asking the Court of Appeal to review a part of last months …

  • Keppel Land privatisation bid deadline extended PropertyGuru.com.sg - Fri, Mar 27, 2015 9:30 AM SGT

    Keppel Corp has extended the deadline for its offer to buy all the remaining un-owned shares in Keppel Land to next Tuesday, according to a filing with the Singapore Exchange (SGX). This comes after the … More »Keppel Land privatisation bid deadline extended

    Keppel Corp has extended the deadline for its offer to buy all the remaining un-owned shares in Keppel Land to next Tuesday, according to a filing with the Singapore Exchange (SGX). This comes after the group secured 93.2 percent of Keppel Lands stake during the original deadline yesterday afternoon from 90.9 percent a …

  • North Dakota: More come forward PropertyGuru.com.sg - Fri, Mar 27, 2015 12:05 AM SGT

    One investor, who wishes to remain anonymous, told PropertyGuru: I want to help Singaporean investors not to be victim of another possible scandal. The Asia-based investor, who divulged he was also a … More »North Dakota: More come forward

    One investor, who wishes to remain anonymous, told PropertyGuru: I want to help Singaporean investors not to be victim of another possible scandal. The Asia-based investor, who divulged he was also a victim of the now failed EcoHouse Brazilian social housing project, alleged there were striking similarities between NDDs …

  • Botanique at Bartley Draws Unusually Strong Crowd At Its First Public Viewing PropertyGuru.com.sg - Fri, Mar 27, 2015 12:03 AM SGT

    Botanique at Bartley, UOL Group Limiteds latest residential development, attracted more than 4,000 potential buyers to its public viewing last weekend despite the current soft property market. Just what … More »Botanique at Bartley Draws Unusually Strong Crowd At Its First Public Viewing

    Botanique at Bartley, UOL Group Limiteds latest residential development, attracted more than 4,000 potential buyers to its public viewing last weekend despite the current soft property market. Just what is it about this condominium that has piqued the interest of so many? Enter Botanique at Bartley, UOL Group Limiteds …

  • Iskandar confident of RM30bil investment target PropertyGuru.com.sg - Thu, Mar 26, 2015 5:10 PM SGT

    Based on its achievements since launching nine years ago, the Iskandar Malaysia economic growth corridor is confident of achieving the RM30 billion target set for new investments this year. According … More »Iskandar confident of RM30bil investment target

    Based on its achievements since launching nine years ago, the Iskandar Malaysia economic growth corridor is confident of achieving the RM30 billion target set for new investments this year. According to Iskandar Regional Development Authority (Irda) Chief Executive Officer Datuk Ismail Ibrahim, the region already attracted …

  • Keppel Land to delist soon PropertyGuru.com.sg - Thu, Mar 26, 2015 2:00 PM SGT

    Keppel Corps stake in Keppel Land reached 90.9 percent at the end of trading yesterday, allowing the company to delist its property arm from the Singapore Exchange (SGX). Under Rule 1303(1) of the Listing … More »Keppel Land to delist soon

    Keppel Corps stake in Keppel Land reached 90.9 percent at the end of trading yesterday, allowing the company to delist its property arm from the Singapore Exchange (SGX). Under Rule 1303(1) of the Listing Manual, as the offeror has, through acceptances or otherwise, succeeded in holding more than 90 percent of the total …

  • From slums to riches: How Lee Kuan Yew built Singapore PropertyGuru.com.sg - Thu, Mar 26, 2015 1:04 PM SGT

    The late Mr Lee felt poor housing conditions in Singapores early years would negatively impact the population and focused on improving the public housing system while pushing for more green spaces. For … More »From slums to riches: How Lee Kuan Yew built Singapore

    The late Mr Lee felt poor housing conditions in Singapores early years would negatively impact the population and focused on improving the public housing system while pushing for more green spaces. For Singaporeans, the name Lee Kuan Yew is synonymous with modern Singapore. My life, is a quote from Mr Lee in 2011. Born …

  • House of pioneering eye surgeon goes on sale PropertyGuru.com.sg - Thu, Mar 26, 2015 11:15 AM SGT

    A prime landed property along Chancery Hill Road in the Thomson area has been launched for sale by expression of interest (EOI), revealed marketing agent Knight Frank. More »House of pioneering eye surgeon goes on sale

    A prime landed property along Chancery Hill Road in the Thomson area has been launched for sale by expression of interest (EOI), revealed marketing agent Knight Frank.

  • SIBOR rises anew, hits 1% mark PropertyGuru.com.sg - Wed, Mar 25, 2015 11:31 AM SGT

    The three-month Singapore interbank offered rate (SIBOR) on Tuesday charged past the 1 percent level, rising 0.9 percent to 1.001 percent from Monday's fixing of 0.992 percent, according to the data posted … More »SIBOR rises anew, hits 1% mark

    The three-month Singapore interbank offered rate (SIBOR) on Tuesday charged past the 1 percent level, rising 0.9 percent to 1.001 percent from Monday's fixing of 0.992 percent, according to the data posted on Bloomberg. The rate is now at a level not seen in more than six year, and as SIBOR is the rate to which most home …

  • Developers show strong interest for Little India site PropertyGuru.com.sg - Wed, Mar 25, 2015 10:07 AM SGT

    A 99-year leasehold residential site at Sturdee Road in the Little India district received 16 bids from developers after its tender closed on Tuesday, according to the Urban Redevelopment Authority (U … More »Developers show strong interest for Little India site

    A 99-year leasehold residential site at Sturdee Road in the Little India district received 16 bids from developers after its tender closed on Tuesday, according to the Urban Redevelopment Authority (URA).

 

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