TOP
BUYS!
THIS MONTH |
Watermark
3rm 1281sqft
Psf S$1520
#0x-17 TOP Now! Brandnew Freehold Poolview, pte
lift. 5% yield! Riverside living.
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Rivergate
2rm 1023sqft Psf
S$1520
#1x-16 TOP 2009Q2! Iconic project at Robertson Quay -
big land, 3 towering presence. Beautiful
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Trillium
2rm, 1400sqft
Psf S$1890
#2x-10
TOP 2009Q1. Rare chance to buy this brandname
Lippo project opp. Great World at superb price only
cos of current sentiments!
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Hillington
Green
1356qft, 3+1rm
Psf S$790
Best buy in Hillview area - live in lush greenery and
near to all the best schools in S'pore! Unit in superb
condition, pool and greenery view!
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Casa
Jervois
1227sqft, 3rm
Psf S$1250
Top floor with greenery view in posh GCB estate.
Spacious living/master rooms.
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Makena
1517 sqft, 3+1
Psf S$1120
Blk121 Through unit with both pool & park view.
Bright, breezy. Value buy in Meyer! Upstair unit
closed $1180psf!
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Waterford
Residences
1195sqft, 3+1
Psf S$1630
Another one of those highlights in Robertson Quay area
- high rentals. This one just below penthouse with all
rooms cityview ...
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Aspen
Heights
1324sqft, 3+1
Psf S$1280
Quiet-facing B263. Breezy unit in the direction
of SW - partial view of city skyline
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City
Square Residences
2rm 861sqft
Psf S$1150
TOP Dec08. Few projects with own mall next door -
City Sq Mall which opens Mar09! Premium stack with
city skyline southwards
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Straits Times June 6, 2008
Liechtenstein bank expands S'pore operations
By Ong Bi Hui
A PRIVATE bank based in the tiny European
nation of Liechtenstein is expanding its presence in Singapore
after being granted a merchant banking licence here.
VP Bank Group plans
to lift its staff strength at its Raffles Place office from 12
to 26 in the next 12 months - and is aiming to manage US$5
billion (S$6.83 billion) of assets in Asia within five years.
The bank intends to make Singapore a hub for its Asian
operations now that the Monetary Authority of Singapore has
granted its merchant banking licence.
Europe is currently VP Bank's main market, but the bank is
optimistic that Asia's contribution will grow now that it has
set up its first Asia business booking centre in Singapore. It
already has banking operations in Europe, the British Virgin
Islands and Hong Kong.
The bank - which has no connection to Vietnam's VP Bank, in
which OCBC Bank has a stake - already manages about US$1
billion of investable assets in Asia. It is confident of
boosting that figure.
One key reason the
bank is moving out of its traditional market and into the
Asian market is the region's strong growth potential.
It aims to cater to a niche market of the super-wealthy and
attract clients with over US$30 million in investable assets.
The bank is also
aiming to woo family-run businesses. The number of these very
well-heeled investors grew to over 17,500 in 2006. Wealth from
family-run businesses in Asia is estimated at US$16 trillion.
VP Bank Singapore's managing director, Mr Reto Isenring,
said Singapore had been chosen as the hub for VP Bank's Asian
activities because it
had 'a business-friendly government and an attractive tax
environment, a skilled workforce, excellent infrastructure,
and political and social stability', among other advantages.
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