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Singapore Moves To Chill Down Real Estate

Category: Real estate, Posted:27 Sep 2010 | 06:00 am

The Singapore Government is staging an intervention to slow down speculation amid growing concerns of a property bubble.
At the heart of the matter are concerns in the residential second home or investment sector. One of the key growth markets has been overseas buyers from mainland China which matches the trend felt in Hong Kong for the past few years.
Key moves are limitations on debt leveraging ratio's and a stamp duty penalty on property 'flippers' who only hold for one or two years before selling on and taking profit.
With interest rates remaining in a comatose state, anxious investors have been searching far and wide where to actually park money with a view to high returns.
Bangkok has also seen early warning signs of rampant speculation but for now the Government has been sidelined in domestic matters

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Phuket’s Koh Siray Adds A New Hotel

Category: Hotels, Posted:22 Jan 2022 | 15:45 pm Phuket’s east coast has a new hotel with the recent opening of the Sinae Hotel in Koh Siray. The resort offers a collection of 64  studio units, and lifestyle as well as private pool villas. A key feature of Sinae is its elevated hillside ocean views. Access to nearby Phuket Town is ten minutes from […]
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The Aussies Are Coming

Category: Hotels|Tourism, Posted:22 Jan 2022 | 14:53 pm For Phuket hotel sales and marketing teams, the go-to-market has been Russia during the height of the winter snowbird season. With March fast approaching and Thailand’s approval of a revised Test & Go program from the beginning of February, hoteliers are looking at the vast void of the second quarter of the year. Certainly, domestic […]
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Patong Hotel Conversion For Banyan Tree’s New HOMM Brand

Category: Hotels, Posted:12 Jan 2022 | 08:00 am The 71-room Bliss hotel in Patong, Phuket has been converted to Banyan Tree’s HOMM brand. Banyan Tree is looking to fast-track expansion with three new brands a key strategy of conversions of existing hotels. The HOMM Bliss Southbeach Patong is the debut for the lifestyle-focused HOMM. Expect more announcements shortly on new Banyan Tree brands […]
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