Strong demand for 4-, 5-room flats at Bidadari
According to data on HDB's website, the five-room units are already more than six times subscribed as of 8.15pm on Wednesday (Nov 18).
By Patrick John Lim
POSTED: 19 Nov 2015 00:04
SINGAPORE: Demand for four- and five-room flats at Bidadari estate near Toa Payoh has already exceeded supply, just a day after HDB launched its biggest-ever sale of new units on Tuesday (Nov 17).
Of the more than 12,400 flats on sale, more than 2,140 are at Bidadari. They range from two-room flexi to five-room units.
According to data on HDB's website, the five-room units at Bidadari are already more than six times subscribed as of 8.15pm on Wednesday. A total of 948 applications for the 151 five-room units available have been registered.
Considering just second-timer applicants alone, the subscription rate stands at more than 45 times, as there are only 151 five-room units open for application.
Applications for four-room units totalled 1,537, above the 1,229 on offer.
Prices for the Bidadari new flats are higher than those for BTO units in non-mature estates.
Demand for three-room flats was more subdued, with 183 applications for 567 available units.
An analyst Channel NewsAsia spoke with anticipates strong demand for the units at Bidadari. "It has access to various amenities, and is nearby two MRT stations - Potong Pasir and Woodleigh MRT, so definitely it will command a premium in pricing. So as such, because there are not many launches, BTO flats in mature estates, I will expect demand to be good for the Bidadari flats, even despite its sort of premium pricing," said OrangeTee manager for Research and Consultancy Wong Xian Yang.
Applications for HDB's latest round of BTO and balance flats are open till 11.59 pm on Nov 26, and interested parties can apply online any time before then.
Successful applicants will be determined by a computer ballot and not on a first-come-first-served basis.
- CNA/dl
- wong chee tat :)
Thursday, November 19, 2015
BIG Hotel sold to Hong Kong-based group for S$203m
BIG Hotel sold to Hong Kong-based group for S$203m
The new owner of the property is Gaw Capital Partners, which purchased the InterContinental Hong Kong for US$938 million earlier this year.
By Kevin Lim, MediaCorp
POSTED: 18 Nov 2015 20:53
SINGAPORE: The BIG Hotel at Middle Road has been sold to a Hong Kong-based real estate investment group for S$203 million, property services firm JLL said on Wednesday (Nov 18).
Originally an office building, the 308-room BIG hotel was converted by ERC Unicampus, and it opened in 2013. Facilities include a restaurant, bar, gym, car park and convenience store. JLL advised ERC Unicampus on the sale.
The new owner of the property is Gaw Capital Partners, which purchased the InterContinental Hong Kong for US$938 million (S$1.33 billion) earlier this year.
Mr Anthony Barr, regional director of JLL Capital Markets Singapore, said: “Singapore’s appeal as an investment destination remains strong with its stable political landscape and strong economic fundamentals. For this reason, we are seeing an increasing demand for Singapore properties from investors around the region, particularly those in Hong Kong.”
- CNA/ms
- wong chee tat :)
The new owner of the property is Gaw Capital Partners, which purchased the InterContinental Hong Kong for US$938 million earlier this year.
By Kevin Lim, MediaCorp
POSTED: 18 Nov 2015 20:53
SINGAPORE: The BIG Hotel at Middle Road has been sold to a Hong Kong-based real estate investment group for S$203 million, property services firm JLL said on Wednesday (Nov 18).
Originally an office building, the 308-room BIG hotel was converted by ERC Unicampus, and it opened in 2013. Facilities include a restaurant, bar, gym, car park and convenience store. JLL advised ERC Unicampus on the sale.
The new owner of the property is Gaw Capital Partners, which purchased the InterContinental Hong Kong for US$938 million (S$1.33 billion) earlier this year.
Mr Anthony Barr, regional director of JLL Capital Markets Singapore, said: “Singapore’s appeal as an investment destination remains strong with its stable political landscape and strong economic fundamentals. For this reason, we are seeing an increasing demand for Singapore properties from investors around the region, particularly those in Hong Kong.”
- CNA/ms
- wong chee tat :)
Blog Updates
Blog Updates:
Minor updates:
- Added new feed
Will continue to make minor improvements for this blog!
- wong chee tat :)
Minor updates:
- Added new feed
Will continue to make minor improvements for this blog!
- wong chee tat :)
Scheduled Maintenance - POSB
Scheduled Maintenance - POSB
We are constantly upgrading our systems to bring you a more pleasant banking experience. During the mentioned period of scheduled maintenance, some of the services will not be available:
iBanking | ||
|---|---|---|
Date
|
Maintenance Period
|
Services under Maintenance
|
21 November 2015
|
1000hrs to 0000hrs
|
System Maintenance
- Online Equity Trading (SG) - iB trading services |
22 November 2015
|
0130hrs to 0530hrs
|
System Maintenance
- Fast Funds Transfer to Other Bank (New/Existing Payee) - Adhoc Fast Funds Transfer to Other Bank - Fast Transaction History - View/Delete Post Dated Funds Transfer |
22 November 2015
|
0000hrs to 1800hrs
|
System Maintenance
- Online Equity Trading (SG) - iB trading services |
06 December 2015
|
0130hrs to 0530hrs
|
System Maintenance
- Fast Funds Transfer to Other Bank (New/Existing Payee) - Adhoc Fast Funds Transfer to Other Bank - Fast Transaction History - View/Delete Post Dated Funds Transfer |
mBanking | ||
|---|---|---|
Date
|
Maintenance Period
|
Services under Maintenance
|
22 November 2015
|
0130hrs to 0530hrs
|
System Maintenance
- Fast Funds Transfer to Other Bank (New/Existing Payee) - Adhoc Fast Funds Transfer to Other Bank - Fast Transaction History - View/Delete Post Dated Funds Transfer |
06 December 2015
|
0130hrs to 0530hrs
|
System Maintenance
- Fast Funds Transfer to Other Bank (New/Existing Payee) - Adhoc Fast Funds Transfer to Other Bank - Fast Transaction History - View/Delete Post Dated Funds Transfer |
Automated Teller Machine (ATM) | ||
|---|---|---|
Date
|
Maintenance Period
|
Services under Maintenance
|
23 November 2015
|
0000hrs to 0600hrs
|
Selected DBS/POSB ATM, and Cash Acceptance Machines (CAM) will be unavailable as our Self Service Banking Machines are scheduled for maintenance then. You may continue to use your DBS/POSB credit or Debit Card or DBS/POSB NETS and Ezlink cards for your purchases.
For access to cash you have the following POSB Cash-points |
- wong chee tat :)
Nov 2015 Singapore Savings Bonds - GX15120V
Issuance details - GX15120V
| Bond ID |
GX15120V
|
|---|---|
| Amount available |
$1 . 2 billion
|
| Issue date |
1 Dec 2015
|
| Maturity date |
1 Dec 2025
|
| Interest payment dates |
The 1st interest payment will be made on 1 June 2016, and subsequently
on the 1st business days in December and June. |
| Investment amounts |
You can invest a minimum of $500, and in multiples of $500 up to $50,000
for this issue. The total amount of Savings Bonds held across all issues cannot be more than $100,000. |
| Application period |
Opens: 6.00pm, 2 Nov 2015
Closes: 9.00pm, 25 Nov 2015 Results: After 3.00pm, 26 Nov 2015 Keep track of the important dates with our SSB calendar. |
| Apply through |
DBS/POSB, OCBC and UOB ATMs and DBS/POSBInternet Banking,
from 7.00am - 9.00pm, Mon - Sat, excluding Public Holidays. CPF and SRS funds are not eligible. |
This bond will be reflected as "SBDEC15 GX15120V" in your CDP statement and "CDP-SBDEC15" in your bank statement.
Interest rates
* At the end of each year, on a compounded basis
Calculate the interest you will earn based on your desired investment amount using the Interest Calculator.
Any one getting?
- wong chee tat :)
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