CCR vs RCR vs OCR

[teddybear]

Then how to get more customers since it is well known that these places are mostly for rentals to finance side FTs? Finance side FTs sell investment products to each other?

they will sure stay in D1, near their office. D1 - Sail, Clift, S1, icon, etc

[Jadey]

Then how to get more customers since it is well known that these places are mostly for rentals to finance side FTs? Finance side FTs sell investment products to each other?

if you want to look for customers go orchard tower

[amk]

I have friends getting recruited by GS and its nothing to shout about..

recently ? in the anson bdg side ? can share what kind of job and what kind of range GS is paying ?

What I know is, in the US, a fresh grad starts at 100k USD. an ex-developer (not banker) was recently sued by GS for bringing along trade secrets when he left. He was paid 1mil USD back in GS.

[Jadey]

S'pore Q2 luxury home prices stay flat in wake of govt curbs

(SINGAPORE) Luxury residential prices in Singapore stayed flat in the second quarter as buyers remained cautious after recent tightening measures by the government, said Jones Lang LaSalle (JLL) yesterday.

According to a report from the property consultancy, prices in Singapore's luxury prime market remained stable in Q2 - there was no change either from the previous quarter or the previous year.

Across Asia, the mood in luxury residential markets was generally muted. Average capital values rose 1.6 per cent quarter- on-quarter in Q2, slightly lower than the 1.8 per cent increase seen in the previous quarter.
'Sales activity cooled in Q2 11, with fewer launches and sales recorded in most markets as a result of ongoing tightening measures by various governments,' JLL said.

It monitored eight luxury residential markets and prices remained stable in three of them in Q2: Mumbai, Shanghai and Singapore. In Beijing, prices declined 1.9 per cent quarter-on-quarter. In the other four cities - Bangkok, Hong Kong, Jakarta and Kuala Lumpur - capital values increased during the quarter.

Hong Kong's market was particularly strong, with luxury residential prices surging 7.3 per cent quarter-on-quarter and 28.3 per cent year-on-year in Q2, due to continuing rental growth and tight supply. Prices rose despite government measures aimed at curbing speculative demand.

JLL expects luxury residential prices to generally remain stable or see slower growth this year due to policy and interest rate risks.

'Prices in China are expected to either remain flat or edge down slightly over the rest of this year as developers will likely introduce more price discounts and launch less high-priced units over the next 12 months,' it said.

In Singapore, prices are likely to remain largely stable over the second half of the year, with 'continued demand from end-users and long-term investors'.

[Jadey]

SINGAPORE (REUTERS) - Luxury home prices in Singapore fell during the second quarter as Asia's high-end
residential market showed signs of softening amid tighter mortgage lending and rising interest rates,
property services firm CB Richard Ellis said on Monday.

Singapore luxury home prices declined by 1.7 per cent in local currency terms in April-June from the preceding
quarter, while average rents fell by 1.9 per cent as completed units
came onto the market, CBRE said in a statement.

In contrast, Hong Kong property values rose 8.9 per cent quarter-on-quarter although the pace was slower than the
14 per cent seen in the first three months of the year.

'Tightened mortgage lending and rising interest rates continued to impact on buyer demand in most Asian markets in the second
quarter of 2011,' CBRE said.

[rockinsg]

recently ? in the anson bdg side ? can share what kind of job and what kind of range GS is paying ?

What I know is, in the US, a fresh grad starts at 100k USD. an ex-developer (not banker) was recently sued by GS for bringing along trade secrets when he left. He was paid 1mil USD back in GS.

arnd 10yr experienced IT guy got arnd 160K SGD..
Thinks they have office in Internation business plaza..

Sure traders will be paid a lot..but usually very few traders and mostly its support staff..

GS is hiring 1K..
but Barcap would be moving jobs to india by mid-next year.. transition already is progress..... its a guess work..but think 2-3 K jobs in SG will be cut by them..