April 2010

(rented) CHELSEA GARDENS $11,800/MTH CONDO 4+1 ROOMS (2500SQFT, NEAR ORCHARD, EXCLUSIVE)

* UPDATED JULY 2010 *

CHELSEA GARDENS    $11,800/MTH    CONDO    4+1 ROOMS

SPACIOUS 2500SQFT, MID-FLOOR, NEAR ORCHARD, CONDO FACILITIES, EXCLUSIVE DEVELOPMENT, NEAR SHANGRI-LA HOTEL, THE PINES CLUB, AVAILABLE IMMEDIATE

3+1 ROOMS APARTMENT IN CHELSEA GARDENS ALSO AVAILABLE FOR RENT @ $9,500/MTH

CALL (65)9100-1090

http://www.onemap.sg/?SearchVal=CHELSEA%20GARDENS&LW:Y&wO5d:JaRbJ_R,IJaIh_a,Jcchc_I,IIqJY_c,c

(sold) THE TESSARINA $1,380,000 CONDO FH 980SQFT 2 ROOMS (PREMIUM STACK, GREENERY VIEW, FUTURE MRT)

THE TESSARINA    $1,380,000    CONDO    FH    980SQFT    2 ROOMS

PREMIUM STACK, SWEEPING GREENERY VIEW, PRICE NEGOTIABLE, CORNER UNIT, GOOD INVESTMENT, NEAR GOOD SCHOOLS, FUTURE MRT

CALL 9001-1207    http://gothere.sg/maps#q:the%20tessarina

En-bloc rules changes – amendments to LT(S)A

Proposed – Amendment bill to Land Titles (Strata) Act.

Purpose -

1. Address the role of the Strata Titles Board,
2. Balance the interest of property owners and
3. Streamline the collective sale process

Details -

2 years restriction period after a failed en-bloc attempt

• Within these 2 years, 1st re-attempt require at least 50% approval to convene Extraordinary General Meeting (EOGM)
• Subsequent re-attempts within the 2-year period will require at least 80%

Strata Titles Board

• empowered to issue a “stop order” to cease mediation – faster for owners to proceed to Court
• maximum time period spent on mediation will be set at 60 days

Sales Committee

• Sales Committee members to declare the “extent of ownership”

- see news article for more details

- direct from Ministry of Law

(rented) HOLT RESIDENCES $8,500/MTH CONDO 4+1 ROOMS (SPACIOUS, EXCLUSIVE, RIVER VALLEY, GREAT WORLD CITY)

* UPDATED JULY 2010 *

HOLT RESIDENCES    $8,500/MTH    CONDO    4+1 ROOMS  (SPACIOUS, EXCLUSIVE, RIVER VALLEY, GREAT WORLD CITY)

AVAILABLE IMMEDIATE, POOL VIEW, EXCLUSIVE PROJECT, RIVER VALLEY, NEAR GREAT WORLD CITY, SPACIOUS 2000SQFT, WITH BALCONY

CALL (65)9851-2159

http://www.onemap.sg/?SearchVal=HOLT%20RESIDENCES&LW:Y&wO5d:JabJI_f,IYhcf_I,Jcfbc_b,IYRaq_h,c

Singapore home loan rates – end of April 2010

Sibor Rate ~ 0.63% (as at end April 2010). Loan Packages in March.

See Inter-Bank Rates from 1988 to 2009 (take note of 2003 to 2004 and 2004 to 2005 period; the rates can catch you by surprise)

Completed Private Properties (Variable Rate @ 3-mth SIBOR + %, No Lock-In Period)
Bank	Year 1	Year 2	Year 3	Thereafter
STANCHART	3-mth + 0.95%	3-mth + 0.95%	3-mth + 0.95%	3-mth + 0.95%
HSBC	3-mth + 0.88%	3-mth + 0.88%	3-mth + 0.88%	3-mth + 1%
DBS	3-mth + 0.50%	3-mth + 0.75%	3-mth + 1.25%	3-mth + 1.25%
HSBC	3-mth + 0.90%	3-mth + 0.80%	3-mth + 0.70%	3-mth + 0.70%
STANCHART (LOAN > $800K)	3-mth + 1.15%	3-mth + 1.15%	3-mth + 1.15%	3-mth + 1.15%
CITIBANK	3-mth + 1.10%	3-mth + 1.10%	3-mth + 1.25%	3-mth + 1.25%
Completed Private Properties (Fixed Rate with Lock-In, then 3-mth SIBOR + %)
Bank	Year 1	Year 2	Year 3	Thereafter
DBS	1.25%	3-mth + 1.15%	3-mth + 1.25%	3-mth + 1.25%
STANCHART	1.25%	3-mth + 1.15%	3-mth + 1.25%	3-mth + 1.25%
CITIBANK (1 year fixed, 1 year lock-in)	1.70%	3-mth + 1.25%	3-mth + 1.25%	3-mth + 1.25%
STANCHART (1 year fixed, no lock-in)	1.95%	3-mth + 1.25%	3-mth + 1.25%	3-mth + 1.25%
DBS (2 years fixed, 2 years lock-in)	2.20%	2.20%	3-mth + 1.50%	3-mth + 1.50%

(rented) TATE RESIDENCES $18,300 CONDO 4 ROOMS (SPACIOUS, BRAND NEW, ORCHARD ROAD)

TATE RESIDENCES    $18,300    CONDO    4 ROOMS

SPACIOUS 3200SQFT, GREENERY, PRESTIGIOUS, BRAND NEW, CONDO FACILITIES, WALK TO ORCHARD RD

CALL 9100-1090    http://sneak.gothere.sg/maps#q:tate%20residences

(withdrawn) MAYFAIR GARDENS $1,550,000 CONDO 99YRS 1,884SQFT 4 ROOMS (RENOVATED, EN-BLOC POTENTIAL, NEAR KTMB RAILWAY, BUKIT TIMAH, DUNEARN AREA)

* UPDATED JULY 2010 *

MAYFAIR GARDENS    $1,550,000   CONDO    99YRS    1,884SQFT    4 ROOMS

RENOVATED UNIT, BUKIT TIMAH DUNEARN AREA, EN-BLOC POTENTIAL, NEAR GOOD SCHOOLS, NGEE ANN POLY, SHOPPING, FUTURE MRT

Owners to collect gains for homes near KTM

CALL 9851-2159

http://www.onemap.sg/?SearchVal=MAYFAIR%20GARDENS&LW:Y&8Knn:JJJaY_a,IffJh_R&wO5d:qaqhf_a,IqaIa_J,JbIcf_a,IRhqI_c,I

(rented) OFFICE @ BEACH ROAD $9,000 1800SQFT OFFICE (OPPOSITE SHAW TOWERS, NEAR SUNTEC CITY)

OFFICE @ BEACH ROAD    $9,000    OFFICE

1800SQFT OFFICE SPACE FOR RENT, RENTAL NEGOTIABLE, NEAR BUGIS MRT, OPPOSITE SHAW TOWERS, NEAR SUNTEC CITY

CALL 9380-7211

http://www.onemap.sg/?SearchVal=67%20BEACH%20ROAD&LW:Y&wO5d:JRRcJ_q,IYbcq_J,Iqqqb_c,IqIbI_a,c

Marina Bay Sands IR to open April 27th 2010 (hur? a Tuesday?)

Preview opening is set for 27th April 2010 … it’s this coming Tuesday ( … well, about time!!!)

Hotel rooms, shops, part of convention and exhibition will be open.

The Marina Bay Sands Integrated Resort features three 55 storey hotel towers, connected by a Sky Terrace, named Sands SkyPark.

The SkyPark holds the world’s longest elevated swimming pool, with a 474-foot vanishing edge. The pools are elevated 975 feet above the ground … hmm, any transparent bottom?

In front of the hotel towers, there’s a Theatre Block, a Convention & Exhibition Block, a Casino Block

Grand opening is scheduled for 23rd June 2010 (Wednesday).

- read more from Channel NewsAsia

StanChart New Ad “here for good” video – very nice

hope you like it, text below the video

can a bank really stand for something
can it balance its ambition, with its conscience
to do what it must, not what it can
as not everything in life that counts, can be counted
can it not only look at the profit it makes, but how it makes that profit
and stand beside people, not above them
where every solution depends on each person
simply by doing good can a bank in fact be great
in the many places we call home our purpose remains the same
to be here for people, here for progress
here for the long run
here for good

interested to consider a home loan with stanchart? let us know via the comments box below

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