SINGAPORE PROPERTY WISE
Darren Goh, ERA Marketing Director
Your Real Estate Advisor for Prime Properties
(65) 9106 - 5661    darrenG@singnet.com.sg    

FOR THE  GLOBAL
MULTI-MILLIONAIRES !
S'PORE LUXURY
PROPERTIES! 


Waterfront Living
@ SENTOSA COVE

PROPERTIES FOR SALE!

PRIME DISTRICT
Orchard.RiverValley.Grange

Aspen Heights
3/4 rm                   Fr Psf S$1300

Abode@Devonshire
1012sqft, 2rm          Psf S$1900
Ardmore Park
2885 sqft, 4+1         Psf S$3050
Cuscaden Royale
937 sqft, 2rm          Psf S$3000
Cosmopolitan
2/3/4 rms           Fr Psf S$1800
Cairnhill Residences
3rm / Penthse         Psf S$1900
Casa Jervois
1227sqft, 3rm          Psf S$1250
Orchard Res (Ion Mall)
1800 sqft, #17        Psf S$4500
Orchard Court
1600 sqft, 4rm        Psf S$1000
Park Infinia
1335 sqft, 3rm         Psf S$1280
Paterson Residence
1313 sqft, 3rm        Psf S$2500 
Rivergate
2/3/4 rms            Fr Psf S$1520
Robertson 100
1313 sqft,3+patio   Psf S$1380
Scotts Square
1/2/3 rms            Fr Psf S$4200
Urbana
1012 sqft, 2rm         Psf S$1800
Trillium
1400 sqft, 2+1        Psf S$1900
Valley Park
1109 sqft, 2rm         Psf S$1320
Vision Crest
926 sqft, 2rm           Psf S$2100
Watermark
2/3/4 rm              Fr Psf S$1550
Waterford Res
1195 sqft, 3+1    Fr Psf S$1450
Yong An Park 
6878 sqft, P/hse     Psf S$1480
NEAR PRIME
Balmoral.Bukit Timah
Holland.Newton
Braddell View
1701 sqft, 3+1           Psf  S$570
Beaverton Court
9700 sqft, P/hse     Psf S$1100
Balmoral Heights
2207 sqft, P/hse     Psf S$1800
Chatsworth Court
3305 sqft, 5rm        Psf S$2000
Huntington
969sqft, 2rm            Psf S$1500
Levelz
786 sqft, 2rm           Psf S$1650
Lincoln Modern
1410 sqft, Loft         Psf S$1700
Mackenzie 88 
807 sqft, 2rm           Psf S$1500
Proximo
1119sqft, 3rm           Psf S$1650
Parc Emily
1733 sqft, 4rm        Psf S$1450
Sixth Ave Residences
1357 sqft, 3rm         Psf S$1600
Soleil@Sinaran
2/3rm                    Fr Psf S$1350
Sky@11
3+Study/4rms   Fr Psf S$1300
The Shelford
2347 sqft, P/hse     Psf S$1720
The Tessarina 
2/3/4 rm             Fr Psf S$1280
The Ford@Holland
1325 sqft, 2+1          Psf S$1800
CITY FRINGE
Thomson.Tiong Bahru
Kallang
Carabelle
883 sqft, 2rm              Psf S$850
Citylights
2/3 rm                   Fr Psf S$1350
City Square Res
861sqft, 2rm             Psf S$1200
Hillington Green
1356sqft, 3rm            Psf S$800
Kovan Melody
904sqft, 2rm               Psf S$830
MonteBleu
1475sqft, 4+1          Psf S$1200
Thomson View
2024sqft, 3+1             Psf S$550
EASTERN COAST
Tanjung Rhu.Meyer.Amber
Upp East Coast
One Amber
2/3/4 rms            Fr Psf S$1150
Meyer Residence
904 sqft, 2rm           Psf S$1350
Makena
1292/1517 sqft        Psf S$1150
Riviera Residences
1216 sqft, 3rm         Psf S$1000
Tierra Vue
1033 sqft, 2rm          Psf  S$950
Waterplace
2/3/4 rms            Fr Psf S$1300
NEW CBD LIVING
Sentosa Cove.Old CBD Raffles Pl. New Marina Bay & South
Berth by Cove, Sentosa
1668sqft, 3+1          Psf S$1900
Beacon
1109sqft, 2rm          Psf S$1250
Icon
1/2rm/1+1Loft  Fr Psf S$1380
Lumiere - 10% YIELD!
678 sqft, studio      Psf S$1950
Marina Bay Residences
1055 sqft, 2rm        Psf S$2500
Read Your
Weekly Newsbite

(news, tips, good buys)

Calling All Foreign And Local Investors  

Is It Still A Good Time To Invest? 
Where Are The Good Buys ... 
Find Out In A 12-Page Special Report

  • What is driving real estate prices in Singapore in the past 2 years and what is the effect now with looming recession. 
  • How & where do we invest in Year 3 of the property cycle (which started in 2005)?
  • Understanding the fundamentals of real estate investment

    PLUS ...
  • Receive my weekly "Newsbite" on new launches, top10 buys of the month, latest market news 
  • Access the best bargains in the market (unvalued properties by 15-20%) through "Darren Recommends" series.

     And you do not have to be physically in Singapore!

Join Darren's Power List Now!

First Name:
Email address:
Country of Residence:
Telephone:
(include country/area code)

(No information will be ever be disclosed or sold to any third party.
And we do not spam. You may also unsubscribe at any time.)

Specialized Projects That TOP 2008!
Click on picture for more details.  Various units available for sale in each project.  Call for latest pricing information.  Owners welcome to list!


WATERMARK
@Robertson Quay

TOP Dec'08

RIVERGATE  TOP Mar'09

THE COSMOPOLITAN
 TOP Sep'08

PATERSON RESIDENCE
 TOP!!

The Trillium  
TOP 2010

URBANA
TOP 2007!!

NewsBite

Business Times - 19 Dec 2007

S'pore becoming a magnet for the world's wealthy

Non-residents' deposits rise, fuelled by strong S$, private banking drive

By SIOW LI SEN

(SINGAPORE) As wealth from across the globe seeks new homes, a growing chunk is finding its way to Singapore. In fact, more rich people who live elsewhere have decided to let their money reside in the Republic.

According to the Monetary Authority of Singapore, deposits by non-residents grew 46 per cent to almost $30 billion at end-October from a year ago. This is almost three times the $10.6 billion parked here in 2002.

Singapore's strong fundamentals and its growing reputation as a private banking hub have obviously proved to be a strong magnet. Most of the money - $20.4 billion - is in longer-term fixed deposits. The rest is in short-term demand deposits and savings and other deposits.

Domestic resident deposits were up a more sedate 20 per cent at $232 billion in October.

Bankers and economists say that Singapore's efforts to be a private banking hub are paying off. Much of the money piling up here is from rich individuals in the region, the Middle East and even as far away as Russia, they say.

Standard Chartered Private Bank this year became the first international bank to make Singapore its global private banking headquarters.

More boutique private banks are also setting up shop here. Lombard Odier Darier Hentsch, a Geneva-based institution with a history going back more than 200 years will open a Singapore office next month. Its target clients are predominantly family entrepreneurs from Singapore, Malaysia, Indonesia, Brunei and Thailand.

'It shows that people are comfortable putting money in Singapore,' said Citigroup economist Chua Hak Bin. In addition, an explicit policy change towards steeper appreciation of the Singapore dollar has led many private bankers to recommend that clients hold more Sing dollars, he said. The forecast is for the Sing dollar to rise about 5 per cent against the US unit by the end of 2008.

'It has become a store of value, and it has helped that interest rates have not come off despite the Fed cuts,' Dr Chua said.

The US Federal Reserve this month cut interest rates. But interest rates globally, including Singapore, did not slide because of a continued liquidity squeeze in the credit markets.

Singapore's economic fundamentals, well-regulated markets and stable currency are also attractive for wealthy entrepreneurs.

Standard Chartered economist Alvin Liew believes much of the increase in non-resident deposits here is from the growing ranks of wealthy individuals and the level of wealth in the non-Western world, from Asia to Middle East to Eastern Europe.

Standard Chartered global head of private bank Peter Flavel said: 'From our research, the majority of wealth is in cash or near cash, and a lot of wealth created in Asia is relatively recent - first or second generation.'

Singapore's strong regulations, good infrastructure and government support for the wealth management business are magnets, he said. These factors, coupled with an attractive tax environment and a stable currency, have made it a top place to do business. Interest on non-resident funds deposited here is tax-exempt.

Some non-resident deposits could be parked here before the money is invested in property, though some is also used by those betting on the appreciation of the Chinese renminbi.

The Singapore unit is the best proxy for investors betting on renminbi appreciation, according to United Overseas Bank's head of economics and treasury research, Jimmy Koh.

'The Sing dollar has the least restrictions and is the most liquid currency in the region,' he said.

 Additional Resource :

Find out where are foreigners buying in Singapore
Find out how Progressive & Deferred payment scheme works
See how Singapore's new MRT network looks like by 2018
New MRT Train Line Through Thomson By 2018

New MRT Train Line Through East Coast By 2020

URA data on performance of property market in 2007
URA data on rentals in Q1 2008


To Your Real Estate Profits! 

Cheers
Darren Goh

Your Real Estate Partner
Marketing Director
ERA Singapore
(65) 9106 - 5661
darrenG@singnet.com.sg

PS.  If you have a property to sell in Singapore (any district), get exposure from my growing list of international buyers!  Call me for appointment now.