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March 2010
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Archive for March, 2010

Always a way to do up a micro unit

‘A LOT of people don’t understand that you can still make a small apartment feel comfortable if you do not put in the wrong things. Space planning to me is the most important part of interior design; it is not about decoration first,’ says William Ong, executive chairman of Axis ID.
Micro apartments and shoebox units have gained currency in the past year or so as some developers have shrunk apartm… more

Another ho-hum session

THE local stock market yesterday continued to display the same features which have been a hallmark of trading for more than a month now – low liquidity, mainly rotational activity generated by dealers and proprietary desks, and as far as blue chips were concerned, a reliance on Hong Kong first for direction, then Europe.
All of which is another way of saying that trading representatives mainly rep… more

Price targets for SGX cut ahead of results

BROKERS have cut their share price targets for the Singapore Exchange (SGX), ahead of its quarterly results next week, predicting earnings will be hit by weaker trading volumes.
But they also believe the exchange could benefit from an economic upturn and the stewardship of new CEO Magnus Bocker.
CIMB, in a research report, cut its target price for SGX to $8.38 from $8.83 and lowered its FY2010-12 … more

Govt rebuts Cheong’s free market theory

(SINGAPORE) The government yesterday defended its policy of managing price movements in the private housing market and also stood by its method of supplying developers with state land sites.
It was responding to Wednesday’s speech by the president of the Real Estate Developers’ Association of Singapore (Redas), Simon Cheong, who said that the government should allow the private property market her… more

Prices of cars rise by up to $22,000

MOTOR firms have increased car prices by as much as $22,000, in anticipation of certificate of entitlement (COE) premiums going up further.
The price rises came just a day after car premiums soared by $8,000 to $14,000, which many players see as a sign of things to come.
Toyota agent Borneo Motors, the biggest player in Singapore, has raised sticker prices by between $10,000 and $15,500. A Toyota … more

The Weekly Bottom Line

While debt concerns out of Europe rattled global stock markets and sent the U.S. dollar up 1.4% against the Euro, data on the U.S. housing sector and the final estimate of GDP growth in the fourth quarter of 2009 offered an opportunity to check up on a number of pivotal…

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