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Thread: Southbank (D7, Leasehold, UOL Group)

  1. #1
    elements Guest

    Default Southbank (D7, Leasehold, UOL Group)



    comprises 194 residential apartments, 3 penthouses and 60 SOHO units complete with 16 retail outlets. Southbank also offers picturesque and breathtaking panoramic views of Kallang Basin, Tanjong Rhu and the city.

  2. #2
    Unregistered Guest

    Default Re: Southbank (D8, Leasehold, UOL Group)

    Brief details of SOUTHBANK SOHO:

    - North Bridge Road/Crawford Street (District 7)

    - Elevated pool with scenic view of Kallang Basin, Gym, lavish landscaping and BBQ pits on the 10th Storey

    - Multi-storey carpark below apartment block

    - Full unobstructed views of Kallang Basin

    - Highly accessible. Minutes to town and CBD. Lavender MRT station and buses at your doorstep.

    - Available in 1 bdrm, 2 bdrms, 3 bdrms, Penthouses, SOHO Single level and SOHO Duplex

    - Indicative prices: $600 psf for apartments; $950 psf for SOHOs

    - Tenure: 99 years

    With effect from 30th June 2006, SOHOs can no longer be purchased with CPF.

  3. #3
    Marina East Guest

    Default Re: Southbank (D7, Leasehold, UOL Group)

    Piling has just started.

    The launch of Riverine By The Park may push the Southbank subsale prices up.

  4. #4
    Observer Guest

    Default Re: Southbank (D7, Leasehold, UOL Group)

    Quote Originally Posted by Marina East
    Piling has just started.

    The launch of Riverine By The Park may push the Southbank subsale prices up.
    It's called The Riverine By the Park. The thread is in District 12.

  5. #5
    Unregistered Guest

    Default Re: Southbank (D7, Leasehold, UOL Group)

    Quote Originally Posted by Marina East
    Piling has just started.

    The launch of Riverine By The Park may push the Southbank subsale prices up.
    Southbank looks beautiful! The thing about UOL projects is that, whatever they do, in which ever location whether good or bad, they place really heavy emphasis on the architecture and design + good quality building and construction materials.

    When I say architecture and design, I mean really really stylish and well-designed buildings, and not the run-of-the-mill edgy squarish style that every developer has these days. I can safely say that all UOL projects look very beautiful and their designs can stand the test of time and trends.

    When I say good quality, I don't necessarily mean branded equipment, but solid and steady build quality of the building. Quality that lasts beyond all the flashy brands.

    Southbank will be iconic. So will The Riverine. Citylights is not even in the competition as i do feel that it looks very much like a HDB flat.

  6. #6
    Southbank Guest

    Default Re: Southbank (D7, Leasehold, UOL Group)

    Does anyone know whether UOL have started selling the retail shops in Southbank?

  7. #7
    Unregistered Guest

    Default Re: Southbank (D7, Leasehold, UOL Group)

    I agree about UOL's developments. Even one-north is very well designed. They are certainly one of Singapore's better property developers, if not the best, in terms of quality.

  8. #8
    Southbank Guest

    Default Re: Southbank (D7, Leasehold, UOL Group)

    How are the subsales doing?

  9. #9
    The Darkness Guest

    Default Re: Southbank (D7, Leasehold, UOL Group)

    Southbank has that Canary Wharf kind of feel to it. Or is it just the rendering

  10. #10
    Southbank Guest

    Default Re: Southbank (D7, Leasehold, UOL Group)

    Quote Originally Posted by The Darkness
    Southbank has that Canary Wharf kind of feel to it. Or is it just the rendering

    Like Australia Southbank and Northbank?

  11. #11
    Southbank Guest

    Default Re: Southbank (D7, Leasehold, UOL Group)

    Southbank above-30-storey units are now doing at $1,300 psf.
    Cool!

  12. #12
    Unregistered Guest

    Default Re: Southbank (D7, Leasehold, UOL Group)

    Quote Originally Posted by Southbank
    Southbank above-30-storey units are now doing at $1,300 psf.
    Cool!

    Helped by Riverine By The Park and Citylights.

  13. #13
    District 7 Guest

    Default Re: Southbank (D7, Leasehold, UOL Group)

    Not much properties in District 7 leh.

  14. #14
    Southbank @ Kallang Basin Guest

    Default 加冷煤气厂旧址一带 料将发展更多市区住宅

    吴汉钧
    联合早报
    2007-06-29

    根据650万人口规划新加坡,当然得安排足够的住屋,政府接下来除继续发展榜鹅及盛港组屋区,也开始把目光聚焦于滨海南加冷煤气厂旧址一带地段,发展更多市区住宅。

    国家发展部长马宝山本星期一受访时透露,加冷煤气厂旧址一带是发展市区住宅的另一个重点地段。由于这个地区衔接中央商业区和巴耶利峇区域中心,具备发展潜能,而且毗邻加冷河畔公园,环境优美,他相信那里会是个受欢迎的市区住宅地段。

    马宝山说:那一带刚好在市区边缘,不在市区内,就好像是进入市区的大门。我们希望那里会有办公室、SOHO(居家办公单位)项目、零售和娱乐设施、酒店等。那里也靠近加冷河,有发展河畔住宅的潜能。

    市区重建局正在考虑的地段,南北以尼诰大道和加冷路为界,东西以哥罗福街和沈氏大道为线,与体育城为邻,整个地段涵盖旧加冷机场、加冷河、加冷河畔公园及加冷煤气厂旧址。

    加冷煤气厂俗称火城,拥有130多年历史的煤气厂拆除后,那一带就一直是个定位相当模糊的地区,没有明确的发展蓝图。

    不过,近年来附近出现许多发展计划,使加冷煤气厂旧址一带的发展逐渐明朗化。这些发展计划包括嘉德置地在劳明达的瓅之尚都(Citylights)、华业集团位于新桥路的Southbank和永泰控股位于加冷路及加冷河畔的Riverine By The Park,位于加冷路及捷利歌路(Jellicoe Rd)之间的地段最近也被列为酒店发展备售地段。

    滨海湾公园周围地段将发展成优质住宅区

    另外,滨海南围绕滨海湾公园(Gardens by the Bay)周围的地段将发展成优质住宅区,这些住宅的居民将拥有无敌海景和公园风景。

    马宝山在访谈中畅谈2001年发展概念总蓝图(Concept Plan 2001)需要进行中期检讨的缘由,以及政府打算如何规划下来五年的发展总蓝图(Masterplan 2008)。

    概念总蓝图勾画出未来40至50年的土地规划发展大方向,每10年检讨一次。2001年概念总蓝图原定2011年检讨,不过这几年来人口和经济发展变化迅速,市建局因此决定今年展开中期检讨。发展总蓝图则是每五年修订一次。

    对于新加坡人很关注650万人口的问题,马宝山知道这引起了一些人的焦虑,他重申这并不是政府的目标,而是规划时的依据。不过,他也认为,新加坡要维持经济和社会活力,就有需要增加人口。

    今年2月,以650万人口作为新加坡未来四五十年的规划依据的消息见报后,很多人关注新加坡是否容纳得下这么多人。人们担心地比香港小、人口一旦和香港一样多的新加坡是否还能提供人民负担得起的住屋,人民是否都要挤小房子、缺乏休闲空间等现实问题。

    他说,规划需要根据一些假设才能进行,规划师没有目标就无从下手。在考虑了人口增长趋势、各领域的成长后,确立了650万人口的规划依据。

    在可预见的未来,根据我们知道的技术不论是往空中发展还是往地底开挖,根据我们的土地储备,根据我们对学校、公路、地铁、蓄水池、武装部队、办公楼、污水处理站、公园等细节的规划,我们可以安顿好这些人口。

    2001年概念总蓝图是以550万人口作为规划依据,当时人口只有390万左右,目前已增加到将近450万。一些分析家认为,新加坡有可能在20年内达到650万人口,马宝山基于人口增长的不可预测性,不苟同这样的看法。

    马宝山也谈到巴耶利峇和裕廊东区域中心的发展,以及政府会如何通过规划促进新加坡的休闲生活及打造一个人人钟爱的家园。

  15. #15
    Leon Guest

    Default Southbank 2 Bedroom (Near Lavendar MRT)

    Southbank

    Near lavender MRT
    High Floor > 25
    99yrs
    958sqft
    Unblock view
    Asking $1.3m

    Contact @ 97998614

  16. #16
    Unregistered Guest

    Default Re: Southbank (D7, Leasehold, UOL Group)

    In URA's press release today:

    "...The increase in private housing prices in recent quarters is in line with greater economic growth and rising confidence. Private housing prices are now increasing at a faster pace because of good economic prospects going forward and the increasing attractiveness of Singapore as a global city."

  17. #17
    Buyer Guest

    Default Re: Southbank (D7, Leasehold, UOL Group)

    Quote Originally Posted by Unregistered
    In URA's press release today:

    "...The increase in private housing prices in recent quarters is in line with greater economic growth and rising confidence. Private housing prices are now increasing at a faster pace because of good economic prospects going forward and the increasing attractiveness of Singapore as a global city."

    Wow!
    Southbank got subsale or not.
    What is the best psf to buy?

  18. #18
    DTZ Guest

    Default Re: Southbank (D7, Leasehold, UOL Group)

    Irene 9677-6428, DTZ

    Southbank
    #20 up, 958 sqft ...... $1,250 psf
    #30 up, 614 sqft ...... $1,500 psf
    #30 up, 969 sqft ...... $1,500 psf

    Citylights
    #20 up, 893 sqft ...... $1,500 psf

  19. #19
    Interested Guest

    Default Re: Southbank (D7, Leasehold, UOL Group)

    In the URA website, there is a 1,313sqft 3-bedder done at $1,051 psf in June. What floor is this unit?

  20. #20
    The Straits Times Guest

    Default Private Housing Prices 'May Pass 1996 Levels'

    The Straits Times
    6 July 2007

    The booming property market will drive prices for private housing above the 1996 peak by the middle of next year, according to an HSBC economist.

    Senior Asian economist, Robert Prior-Wandesforde, said on Friday, "The real estate market has probably further to run. We may be in some of the earliest stages of a bubble, but there is more for prices to go."

    "The private residential market is nowhere near that of mid-1996, so there is still room (for prices) to appreciate further even if we're in the early stages of a bubble."

    Mr Prior-Wandesforde believes that property prices will go higher partly because the ratio of home prices to income is only half that of 1996.

    Wage growth is also running at multi-year highs and interest rates are low.

    He also cited the speculative activity that is boosting prices.

    And while prices in strict number terms may pass 1996 levels soon, once factors including wage levels are accounted for, the real catch-up will be some way off.

  21. #21
    G Ng Guest

    Default Banks' Exposure To Property Loans 'Still Below 35% Limit'

    Grace Ng
    Finance Reporter
    The Straits Times
    10 July 2007

    The overall exposure of Singapore banks to property-related loans taken out by investment buyers and financial institutions amid the property boom is rising. But experts are not worried. A new Citigroup report says the percentage is set to climb from 27% of total loans currently to 'closer to 30%' by year-end.

    But this is 'still comfortably below' a regulatory limit of 35%, it said. Foreign banks may be nearer to the limit than local ones, said Citigroup economist Chua Hak Bin yesterday.

    All these figures exclude property loans taken out by owner-occupiers - about 80% of all bank loans.

    If banks approach the limit, customers could be charged higher interest rates for investment- related mortgages compared to owner-occupied ones, suggested Dr Chua.

    Mr Paul Kwee, Citigroup Singapore's corporate bank director and head of real estate, noted: 'In view of the recent increase in lending activity, it may well be that certain banks have less appetite, and may become more selective in granting loans, as well as in reviewing the terms that go with the loans.'

    Dr Chua also pointed out that while speculative buying of property has risen and may climb further over the next few years, it is still well below the level seen in the property boom of the mid-1990s.

    So bank-loan exposure to the property sector 'is likely to remain within tolerable limits'.

    In May, about 25% of mortgages taken out by investment buyers and 33% of loans to financial institutions were property-related, estimated Citigroup. This works out to an overall property-related loan exposure for the banking sector of 28.7%, well below the 35% limit.

    The limit was introduced by the MAS in May 2001, as a safeguard to limit the risks of the banking system's exposure to property loans, especially speculative activity.

    But Dr Chua expects 'mortgage growth to accelerate' to near 30% in the next 6 months, as more new property projects are completed and some homebuyers on the deferred payment scheme apply for loans.

    A higher proportion of new mortgages are likely to be investment-related, given the 'already high home ownership in Singapore of about 93%'.

    OCBC Bank has seen the ratio of new applications for investment properties to owner-occupied ones rise, but the latter is still the 'key driver of overall sales', noted head of consumer secured lending Gregory Chan.

    DBS Bank and Maybank said about a fifth of their Singapore mortgages are for investment properties, while Standard Chartered Bank said the percentage is between 15 and 20%. The rest are owner-occupied ones.

    A Maybank spokesman argued that 'there is no direct relationship between loan rates and the 35% limit'. The pricing of mortgage rates and corporate loan rates depends on a combination of factors, such as the risk profile of the borrower, the purpose of the loan and the type of property mortgaged, she said.

    In his report, Dr Chua also noted that property speculation may have increased, as reflected in the rise in sub-sale deals to about 10.5% of total transactions for the April to May period, compared with about 3% 3 years ago. But this is still much lower than the 1990s peak.

  22. #22
    J Wong Guest

    Default More Expats Buying Homes As Rents Jump 35% In First Half: Analysts

    Jeana Wong
    Channel NewsAsia
    9 July 2007 2126 hrs

    Rising rentals in Singapore have led to more expatriates buying properties here.

    Property market watchers say a growing number of foreign executives are choosing to trade off living in upscale locations for bigger properties outside the city area and home ownership.

    According to some calculations, average rents in Singapore went up by 35% in the first 6 months of this year over the same period last year.

    This is causing expatriates to move to cheaper districts.

    And anecdotal evidence is suggesting that of late, more are thinking of buying their flats.

    Nicholas Mak, Consultancy and Research Director, Knight Frank, said: "Another group of expatriate tenants are actually considering buying properties - either buying the apartments they are renting, ... or considering asking for their rental package - their housing accommodation package - to be paid as a lump sum so that they can use that to purchase a home, maybe even a landed property."

    Flats in prime districts now rent for an average of S$3.26 per square foot a month, while those just outside of the central areas are letting for $2.30 per square foot a month.

    The districts of 9, 10 and 11 may be rental hotspots for most higher-end expats.

    But analysts say those seeking to buy tend to go for the upper-mid level properties between 15 to 20 years old in outlying areas like Clementi, Toh Tuck and even Loyang and Pasir Ris.

    Such expats, some of whom are permanent residents, typically have a budget of just over a million dollars.

    Donald Han, Managing Director, Cushman and Wakefield, said: "We've actually started to see out of 10 expatriates that we serve, at least one will be looking into either leasing or potentially even buying. And quite a fair bit of those will ultimately decide to purchase rather than lease. Typically they'll look into the fringe of Districts 9, 10, and 11.

    "They will look into properties which are not the top end, more into the upper-mid level, potentially within the S$800 to as much as S$1,200 psf. And the units could be of the size of one- to two-bedroom kind of apartments. For landed property, typically perhaps a District 21, landed terrace houses which might go in the region of a million to S$1.2 million."

    Property market watchers say the upward pressure on rental prices is unlikely to let up over the next 12 months.

    Mr Mak said: "Private home rentals are still going to face a lot of upward pressure for the rest of this year and probably for the first half of next year. This year alone, we could easily see average rentals go up by anywhere from 15% to even as much as 25%."

    Mr Han said: "Rental will continue to rise by virtue that it's really a landlord's market. I suspect rental in the next 12 months will probably continue to rise between the range of about 20% to 25% from current levels."

    This comes as demand continues to grow and collective sales aggravate the already limited supply available.

  23. #23
    Unregistered Guest

    Default Re: Southbank (D7, Leasehold, UOL Group)

    No wonder people keep telling me the expats and foreigners are here cos they can't make it in their own countries. So stupid to jump into a hot pool now. Pay so high. Locals, stay back. Let the show begins. It's a comedy. It's a tragedy. On the foreigners.

  24. #24
    Registered Guest

    Default Re: Southbank (D7, Leasehold, UOL Group)

    Quote Originally Posted by Unregistered
    No wonder people keep telling me the expats and foreigners are here cos they can't make it in their own countries. So stupid to jump into a hot pool now. Pay so high. Locals, stay back. Let the show begins. It's a comedy. It's a tragedy. On the foreigners.

    Let the show begins? What show?
    See your stupid clown acts?
    Talking rubbish!

    We need these FTs.
    We don't need you idiot!

  25. #25
    Puzzled! Guest

    Thumbs up SOUTHBANK @ LAVENDER VS DAKOTA RESIDENCES

    southbank does not much publicity. Why? Isn't Southbank @ Lavender a better buy compared to Dakota Residences in terms of view, proximity to MRT station, proximity to Kallang Bay Area & CBD, height of the development (Max 40 storeys), design of development (like Canary Wharf in London), address, etc. Price is comparable if not more value for $? The last $psf in June caveat sale was just over $1000.

  26. #26
    family-oriented Guest

    Default

    Quote Originally Posted by Puzzled!
    southbank does not much publicity. Why? Isn't Southbank @ Lavender a better buy compared to Dakota Residences in terms of view, proximity to MRT station, proximity to Kallang Bay Area & CBD, height of the development (Max 40 storeys), design of development (like Canary Wharf in London), address, etc. Price is comparable if not more value for $? The last $psf in June caveat sale was just over $1000.

    Man, I am so in agreement with you!

    Southbank is one of the more exciting projects to come our way here in Singapore.

    But you see, people who buy mass market condos in Singapore are also the family-family type, the type who drive practical Corollas and Camrys (not saying that those are their only cars). So Dakota Residences fits the bill perfectly as the family-oriented condo to buy and stay in.

  27. #27
    Join the crowd Guest

    Default

    Singaporeans are weird. They like to join the crowd and chiong and snatch the new showflats. Within a few mths, the novelty will die. Then Dakota showflat will be empty and the newer showflats will be full of people.

    Quote Originally Posted by family-oriented
    Man, I am so in agreement with you!

    Southbank is one of the more exciting projects to come our way here in Singapore.

    But you see, people who buy mass market condos in Singapore are also the family-family type, the type who drive practical Corollas and Camrys (not saying that those are their only cars). So Dakota Residences fits the bill perfectly as the family-oriented condo to buy and stay in.

  28. #28
    Happening Area!!! Guest

    Thumbs up MORE GOOD NEWS NEAR SOUTHBANK @ LAVENDER AREA

    More good news in this area

    Home > Latest News > Singapore
    June 30, 2008
    URA puts up prime site at Ophir-Rochor Road for sale

    A 2.7 ha prime site in the heart of the city centre along the Beach Road, Ophir and Rochor Road corridor was put up for sale by the Urban Redevelopment Authority on Monday.
    The site is in the confirmed list of the Government Land Sales Programme in the first half of this year.

    The strategic site is a natural extension from the established convention, office, hotel hub at Marina Centre.

    This new growth area is envisioned to become an exciting 24/7 mixed-use cluster, said the URA on Monday. It will comprise integrated developments with office, hotel, retail, entertainment and residential uses, all set within an attractive garden-like environment.

    'New developments in the Beach Road/Ophir-Rochor Corridor will inject vibrancy and activities into this part of the city and form a new office cluster for financial and business institutions that will complement the existing financial district at Raffles Place and Marina Bay,' said URA.

    Flanked by the historical districts of Kampong Glam and Beach Road and in close proximity to the bustling, arts, cultural, entertainment and educational hub at Bras Basah. Bugis, this new growth area has the potential to be an exciting commercial hub offering a diverse range of entertainment, cultural and lifestyle attractions.

    With a maximum gross floor area (GFA) of about 160,000 sqm, it is slated for a mixed-use development.

    In line with the planning visions for the Ophir-Rochor Corridor, the proposed development will have at least 40 per cent of the total GFA for office use, and at least 15 per cent of the total GFA for hotel and hotel-related uses. The remaining GFA can be for office, hotel or other complementary commercial and residential uses.

    Future development will have direct basement level connections to the new Bugis Interchange MRT station, with immediate access to the existing East-West RTS line and the Downtown RTS line that is expected to be ready in 2013.

    This will provide the future development with convenient rail connection to the financial and business hub at Raffles Place and Marina Bay as well as the shopping, dining and entertainment destinations at Orchard Road and Singapore River. It will also have a direct access to Singapore Changi Airport via the East Coast Parkway.

    'Given its strategic location, the site is envisioned to be developed with high-quality buildings with contemporary architecture and innovative urban design that respond positively to the surrounding fine-grain, street-based conservation areas and the lush, mature greenery to create a high-density, sustainable development, incorporating environmentally-friendly design and technologies,' said URA.

    The land parcel, which has the potential for a high-rise 40-storey development, will also enjoy unobstructed panoramic views across the city to Marina Bay and the new Sports Hub at Kallang.

  29. #29
    WEE Guest

    Default NEW THINGS NEAR BUGIS! NOT FAR FROM SOUTHBANK!

    http://www.straitstimes.com/Singapor...ry_256608.html

    July 11, 2008

    Bugis makeover wins global award

    Past winners include Tokyo's Roppongi Hills and Shanghai's Xintiandi

    By Hong Xinyi


    RICH HISTORY: The area is home to many well-preserved old buildings. -- PHOTO: URA

    BOASTING a mix of lovingly preserved old buildings and swanky new developments, the Bras Basah-Bugis area is home to funky arts schools, museums and theatres.

    The transformation of the neighbourhood, once infamous for its population of transvestites, has been more than 20 years in the making.

    Now, the makeover has won the Urban Redevelopment Authority (URA) plaudits from an international non-profit institute that specialises in land use and urban development.

    The Urban Land Institute (ULI) handed the URA an excellence award for its work in the Bras Basah-Bugis area yesterday in Tokyo.

    The annual honours are regarded by those in the land-planning industry as the most prestigious in the world.

    As one of five award recipients this year, Bras Basah-Bugis joins past winners like Tokyo's Roppongi Hills and Shanghai's Xintiandi - both hip hot spots famous for their shopping and nightlife - in the winners' circle.

    Calling the award a 'great honour', URA chief executive Cheong Koon Hean said: ' I'm very glad that our hard work over the past two decades has paid off and our planning efforts have been recognised at an international platform.'

    This is the second time that the URA has won an ULI award. It was also recognised in 2006 for its conservation efforts.

    Minister for National Development Mah Bow Tan credits the Bras Basah-Bugis success to a programme of development that built on the area's rich history and architectural heritage.

    The 95ha area, the equivalent to about 190 football fields, includes 12 places of worship.

    'What the URA did was to identify those features of the district that many Singaporeans hold dear, preserve its authenticity, enhance the distinctive character and introduce new uses that are complementary to existing ones,' Mr Mah told The Straits Times in an e-mail.

    Once known for its rambunctious night bazaars, the area's modern-day rejuvenation began in 1989 with sale of a site for shopping mall Bugis Junction.

    The URA also wooed schools like Singapore Management University and Lasalle College of the Arts to set up campuses here. Today, the 12,000 students from these institutions are a key part of the area's buzz.

    Later this year, arts centre The Arts House will launch a school offering performing arts courses for children at Paradiz Centre.

    Said Ms Adelina Ong, the centre's assistant manager of artistic development: 'It is an ideal location because it allows us to connect with these institutions and independent collectives, creating opportunities for our students to pursue further development in the arts through them.'

    The arty vibe has been good for business as well. There has been an increase of over 30 per cent in median rent for the area's office space from 2000 to last year.

    [email protected]


    Springing up soon in Bugis and Bras Basah

    # South Beach

    Scheduled for completion in 2012, this 3.5ha site in Beach Road includes three blocks in the former Beach Road Camp and non-commissioned officers' club building, as well as new offices, luxury hotels, apartments and shops.

    # Bras Basah MRT station

    Designed by local architecture firm Woha, this station will feature a reflecting pool that stretches between the National Museum and the Singapore Art Museum. It is part of the Circle Line, which is scheduled to be operational in 2010.

    # Stamford Green

    Expected to be ready later this year, this landscaped path will connect the Singapore Management University to Fort Canning Park.

    # Iluma

    This mall, located on a 8,921 sq m site opposite Bugis Junction, is expected to be ready by the end of this year. Sixty per cent of its space will be devoted to arts and entertainment outlets such as cineplexes and theatres.

    # Former Nanyang Academy of Fine Arts campus in Middle Road

    The National Arts Council has expressed an interest in turning the building into a centre for artists. Mr Andrew Fassam, the Urban Redevelopment Authority's deputy director of urban planning and design, said details had not been finalised.

  30. #30
    buy value Guest

    Default

    if dakota and clover and the rest can be priced at that kind of price, then this southbank is severely undervalued!

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