Saturday, February 9, 2008

News Highlights Tuesday 5 February 2008



The Business Times

Subsale may spike again as projects near completion
Prices could soften if 'specuvestors' are forced to offload properties



The Business Times

Prime properties in for 5% fall in '08: UBS
Bank expects modest 0-5% growth in mass and mid-tier segments


The Business Times

Markets will recover after 3-6 mths of mild recession: S&P analyst
He warns of one more major market collapse between now and rosier H2



The Business Times

$14m bid triggers tender of Ubi industrial site
A 60-year leasehold reserve list industrial site at the corner of Ubi Avenue 4 and Ubi Road 3 has been triggered for release ....


The Business Times

Budget may soothe fears over costs creeping up
Businesses worry over transport bills, economists expect some goodies


The Business Times

S'pore population hits 4.6 million
Number of foreigners increasing faster than citizens, PRs