Posted on February 14, 2008 by lushhomeonline
I REFER to the letter, ‘Conservancy charges: Is HDB giving value for money collected?’ (ST, Feb 12), and would like to add my two cents worth.
I live in a private condominium and currently pay $970 for three months in conservancy/management fees/sinking fund.
Although this includes the use of a covered carpark lot, swimming pool and gym, [...]
Filed under: General, Property Management | Tagged: Conservancy Charges, Maintenance Fee, Property Development, Singapore Condos, Sinking Fund | No Comments »
Posted on October 27, 2007 by lushhomeonline
I REFER to the letters, ‘Why GST on condo sinking fund?’ (ST, Oct 11 and ‘GST on management, sinking funds inequitable’ (ST, Oct 11).
The Goods and Services Tax (GST) is chargeable on supply of goods and services, i.e., anything done for a consideration.
GST-registered persons have to charge and account for GST at the earliest happening [...]
Filed under: General, Property Management | Tagged: Goods and Services Tax (GST), Sinking Fund | No Comments »
Posted on October 26, 2007 by lushhomeonline
AN UNUSUAL proposal is being pitched at apartment owners at Richmond Park:
Its management corporation (MC) is seeking the power to co-broke the sale and rental of their units in return for half the commission from the transactions, which will go into the management fund.
Owners who let the MC play co-broker will get a 20 per [...]
Filed under: General, Property Management | Tagged: Property Mangement, Richmond Park | No Comments »
Posted on September 27, 2007 by lushhomeonline
Effective deployment of funds can boost the capital appreciation and rental yield of an estate, says JORDAN NEO
IT IS an important mandate of the management council to keep watch over the expenditure of their estate, ensuring that funds are sensibly ploughed into areas which best meet the estate’s needs.
For example, should the money in your [...]
Filed under: General, Property Management | Tagged: Defects Management, Property Management, Sinking Fund | No Comments »
Posted on September 27, 2007 by lushhomeonline
A team with passion, balanced objectives and judicious management can help enhance an estate’s value, writes JORDAN NEO
WITH the current boom in the real estate industry, we are witnessing a sudden, across-the-board escalation in property prices. In this exuberant state, the contribution and achievement of your council may become less evident and often unappreciated.
On [...]
Filed under: General, Property Management | Tagged: Estate Council, Property Management, Property Valuation | No Comments »
Posted on August 7, 2007 by lushhomeonline
For more than 11 years, the manager of The Arcade received cheques to the tune of nearly $5 million. That sum, said to have gone to his own company, is now missing.
Missing too, since October 2005, is Mr Wilson Loh, building services manager of the 20-storey office-cum-commercial complex in Raffles Place.
It is believed $4.76 million [...]
Filed under: General, Property Management | Tagged: Office Space, Property Management, Singapore Office, The Arcade | No Comments »
Posted on December 8, 2006 by lushhome
Singapore’s Banyan Tree Hotels and Resorts will manage a new resort in Bali, Indonesia.
The Banyan Tree Ungasan Resort has just been launched by Indonesian developer, PT Surya Semesta Internusa Group.Perched upon a 70-metre cliff, the high-end 10-hectare US$30 million resort comprises 73 villas which are being offered for sale to prospective investors.
250 socialite guests, [...]
Filed under: Overseas Property, Property Management, Real Estate Facts & Figures | No Comments »
Posted on December 8, 2006 by lushhome
UOL Group will take over the management of the 198-room Meritus Negara Singapore hotel in the prime Claymore area from Jan 1, 2007.
The 20-storey property will be renamed Negara on Claymore.
Market watchers say it makes sense for UOL to operate the freehold property as a hotel for the time being - given the [...]
Filed under: Hotel, Property Management, Real Estate Facts & Figures | No Comments »
Posted on November 24, 2006 by lushhome
Jones Lang LaSalle (JLL) has been appointed by Unisys to manage the technology company’s real estate transactions and leases on a global basis.
The property firm said in a press release yesterday that this covers a total of 9.77 million sq ft of office and commercial space leased or owned by Unisys.
The potentially multi-year deal covers [...]
Filed under: Property Management, Real Estate Facts & Figures | No Comments »
Posted on November 17, 2006 by lushhome
Overseas Union Enterprise (OUE) could spend as much as $450 million to do up three of its properties - Meritus Mandarin hotel, office building Overseas Union House, and the adjacent Change Alley Aerial Plaza - chief executive David Lee told BT yesterday, as the property group unveiled new looks for all three developments.
OUE, which is [...]
Filed under: Hotel, Office / Retail Space, Property Management, Real Estate Facts & Figures | No Comments »
