Category Archives: Developers

Buying interest in new homes still high

HOME buyers are still biting, if the preview sales at Hundred Trees condo in the West Coast area are anything to go by.

The 956-year leasehold condo, at the former Hong Leong Garden condominium site in the West Coast area, has 396 units priced between $500,000 and $2.6 million. — ST PHOTO: SHAHRIYA YAHAYA

City Developments (CDL) said it had sold 200 of the 280 units released so far as at 6pm yesterday. Buyers included a significant number of HDB upgraders, sources said.

The 956-year leasehold condo at the former Hong Leong Garden condominium site boasts 396 units priced from $500,000 to $2.6 million.

The first 40 units – out of 150 units released at $895 per sq ft (psf) on average – were sold on Thursday at a preview for staff and former owners of Hong Leong Garden condo, sources said. Continue reading

SC Global gives charity for kids a taste of F1

THANKS to an invitation from SC Global Developments Ltd, 40 children, caregivers and staff from Beyond Social Services were able to experience the heart-stopping moments of Formula One and the Porsche SC Global Carrera Cup Asia.
GLIMPSE OF THE FAST LIFE
Some of the children from Beyond Social Services with SC Global’s driver, Danny Watts

The property developer also donated $5,000 to the charity – which aims to help children and youth from disadvantaged backgrounds – in aid of its learning support programme.

The 40 children, aged six to 14, went for the practise sessions of the FI and the Porsche SC Global Carrera Cup Asia yesterday. On top of that, they also visited the Porsche support paddock, where they sat in the cockpit of the SC Global racing car and had their photo taken with SC Global’s driver, Danny Watts.

To sweeten the treat, the children also received a miniature model of SC Global’s race car as a memento.

Said SC Global chairman and chief executive Simon Cheong: ‘We are delighted to take the children to the Grand Prix – it is very heartwarming to see the excitement on their faces as the cars roar by.

‘While they may not all aspire to become racing drivers, perhaps this experience might stir in them big dreams of their own.’

Since 2008, SC Global has partnered Porsche Asia-Pacific to present the Singapore leg of the Porsche Carrera Cup Asia (PCCA) – which supports several rounds of the F1 season.

Source : Business Times – 26 Sep 2009