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Singapore’s eighth wonder

Faced with competition from regional countries also eyeing the benefits of the casino gaming industry, the two IRs cannot afford to be complacent A FEW weeks ago, Singaporeans watched in awe the...

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Under S$50 tickets for Universal Studios theme park on Sentosa

Visitors are one step closer to visiting Southeast Asia’s first and only Universal Studios theme park opening on Sentosa’s Resorts World, now that ticket prices have been revealed. Sale of tickets...

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Catch the buzz, fine-tune the theme park pricing

It is just a matter of months now until the grand opening of the Universal Studios theme park in Singapore, but that excitement was tempered somewhat when the much-awaited ticket prices were finally...

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30 bookings for events so far at Resorts World

Interest rising as world economy recovers, boosting Mice industry AHEAD of its soft opening early next year, Resorts World Sentosa (RWS) said that it has confirmed 30 event bookings, a number of which...

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It’s getting hotter at Sentosa Cove

More over-$10m home sales in Jan-Oct than in previous four years Homes in Sentosa Cove drew strong interest from high-net- worth investors in the first 10 months of this year – more properties costing...

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Foreign buyers’ share of Sentosa Cove homes on the rise

Proportion hits 43% in first 10 months, from 39% in ‘07-’08 Foreigners, including permanent residents, picked up nearly 43 per cent of the homes transacted in Sentosa Cove in the first 10 months of...

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Sentosa IR hotels open on Jan 20

 Among the four hotels to open first at Resorts World Sentosa are Hard Rock Hotel and Festive Hotel. — PHOTOS: RESORTS WORLD SENTOSA RESORTS World Sentosa (RWS) announced yesterday that it will throw...

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No dice, RWS may open on Jan 20

Phased opening planned as it waits for casino licence TECHNICALLY, Resorts World at Sentosa (RWS) can now open for business as it has received TOP (temporary occupation permit) from the authorities. It...

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Sentosa IR off to a good start

Shops, eateries thriving but casino numbers could be higher, say analysts Business has more than doubled at retail outlets like Victoria’s Secret, since the casino opened, says The Valiram Group, which...

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DC rates take striking hike in scenic Sentosa

SENTOSA has seen a big jump in development charge (DC) rates, reflecting higher land values on the island following this month’s opening of Resorts World Sentosa (RWS). On average, the government is...

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Singapore luxury property: A strong long term investment

The most costly landed properties in Singapore are on Sentosa Island. Landed luxury properties are still hot and in demand due to scarcity of land in Singapore especially in prime areas. The costliest...

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CDL posts 44.5% fall in Q1 net profit

Singapore real estate developer City Developments Limited (CDL) posted a 44.5 per cent on-year decline in its first-quarter net profit at S$156.8 million. In a statement issued on the Singapore...

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Fish House, Sentosa’s most ecofriendly property

Private homeowners in Singapore are now exercising greater effort to integrate the latest environmentally-friendly features into their homes, according to an article first published in The New Paper....

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Singapore the new tourism hotspot

Singapore is now widely considered the leisure and tourism capital of the 21st century, offering a wide mix of cultures, modern developments and strong economy, according to the San Francisco Examiner....

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Private home prices in Singapore continue to fall in Q2: URA

URBAN Redevelopment Authority’s official private home price index fell one per cent in the second quarter of this year compared with the first quarter. This is a smaller drop than the 1.3 per cent...

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UOB’s non-performing housing loans hit 10-year high

UOB’s non-performing housing loans soared to 34.2 percent in Q2 2014, or its highest level since Q4 2004, reported the media. The sharp spike surprised Maybank Kim Eng given the perception that UOB is...

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Outlook for luxury market worsens on weakening sales

There is now sluggish demand for luxury homes, following recent announcements by two developers – SC Global and Ho Bee that sales figures have dwindled. With weak profits recorded for its ready for...

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Sentosa Cove bungalow asks a whopping S$108m

A two-storey bungalow located at Ocean Drive in Sentosa Cove has been put up for sale at a whopping price of S$108 million, which works out to around S$9,000 psf. Multiple listings of the 103-year...

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Sale of Sentosa villa scrapped after China buyer arrested

The sale of a $23.8 million bungalow along Lakeshore View in Sentosa Cove was scrapped after the would-be-buyer was arrested for her involvement in a Ponzi scheme, reported The Business Times. In...

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Lawyer fined $10,000 for failure to report suspicious property transaction

Sterling Law Corporation MD Kang Bee Leng suspected that the money used for the Sentosa Cove property purchase was linked to a multi-billion dollar Ponzi scheme. A conveyancing lawyer has been fined...

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