Category Archives: Sentosa Property

Universal Studios theme-park at Sentosa to offer 18 unique rides and attractions

Posted on 20 Oct 2009 | Comments Off on Universal Studios theme-park at Sentosa to offer 18 unique rides and attractions

World’s tallest duelling roller-coasters, one seated and the other suspended, in Battlestar Galactica CYCLON vs HUMAN ride – picture (right)

Island resort Sentosa will soon be home to the world’s tallest duel roller-coaster ride and movie stars such as Marilyn Monroe, Shrek and the motley mob of Alex, Marty, Melman and Gloria last spotted in Madagascar,the movie.

The Universal Studios theme-park which will be housed on the 49 hectares Resorts World at Sentosa, revealed Tuesday its two dozen attractions, including 18 rides and attractions specially created or adapted for Singapore.

“Universal Studios Singapore will be its own unique experience and family destination with many new rides, shows and themes that can’t be found at other Universal Studios parks around the world,” said Tom Williams, chairman and CEO, Universal Parks & Resorts. Continue reading →

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Posted in Sentosa Property

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Supply, interest rates frame housing debate

Posted on 16 Oct 2009 | Comments Off on Supply, interest rates frame housing debate

The property market yesterday toasted the sale of a record 5,719 private homes in the third quarter, even though the industry posted a second consecutive month-on-month drop in sales to 1,143 units in September. Despite the high point, the discussion in property circles was marked by circumspection.

The number of homes that developers manage to sell in the fourth quarter as well as next year will be limited by the shrinking stock of launch-ready homes and developers’ fast-depleting landbanks.

While the economic outlook is improving, the accompanying scenario of rising interest rates may cause some to re-evaluate their property investment decisions as mortgage rates rise. If savings rates on bank deposits also increase, this will take some shine off parking money in property, which is what many investors have been doing this year, says DTZ executive director (consulting) Ong Choon Fah. Continue reading →

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Posted in Property Market / Real Estate, Property Price, Sentosa Property

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