News Highlights Sunday 24 February 2008

The Sunday Times

Bought last year, stuck this year Property agents said those who have bought condos in property fever last year with the intention of flipping are having difficulties now. HSR’s Mr. Cheng said it’s all about holding power now as most sellers still think the market will pick up. However thanks to deferred payment schemes, some buyers will have to fork up large sum soon when their properties are scheduled for completion and they are unable to find buyers. Sub-sales are already showing signs of strains. Three of the top five projects with the most sub-sales recorded slight dips in median prices last month, according to CBRE. These are Icon, Citylights and One Amber.

The Sunday Times

More carrots likely to build green buildings Panel looking into further measures. Spiralling costs a challenge and opportunity for builders to go greener (Read also ST's If they could, they'd throw out the air-con)

The Sunday Times

The kids get it too Child-friendly restaurants a draw for parents of young kids