Property prices really have gone up across all segments, even the extreme luxury end. Good class bungalows (GCBs) have been all the rage in 2021: From $144 million worth in transactions in 48 hours (in July), to news of tech billionaires developing a penchant for these. There’s also a good likelihood that, with Covid-19 continuing to wreak havoc, the GCB trend will be ongoing for quite a while longer. Here’s what’s happening: GCB transaction volumes are close to the last highs of 2010 The last peak for GCBs was in 2010, when transactions totalled $1.85 billion , with around 101 transactions. By comparison, the first half of 2021 alone saw about $2.05 billion in transactions, with 68 transactions. The contrast is even sharper, between 2020 and 2021. Last year, total GCB transactions only reached around $415.8 million, with 21 transactions. On a year-on-year basis (January to August), GCB prices averaged $1,391 psf in 2021, but have since jumped to about $1,713 psf. The ... » Learn More about Why are Good Class Bungalows (GCBs) headed for a record high in 2021?
Hill house haunting ending
KOTA KINABALU: Datuk Seri Ismail Sabri Yaakob took time off during his first official trip to Sabah to mark Malaysia Day on Thursday (Sept 16) to visit landslide victims in Penampang. The Prime Minister got a first-hand look at the aftermath of the landslip at Segumau Madsiang along the Penampang-Tambunan road, where three families from two houses were affected by the disaster. Ismail Sabri, who was accompanied by Chief Minister Datuk Seri Hajiji Noor and state Community Development and People’s Wellbeing Minister Shahelmey Yahya, also handed over contributions in the form of daily essentials to the 19 landslide victims. During Wednesday’s (Sept 15) landslide caused by a heavy downpour, cars and debris hit and damaged the low-lying structures while 11 people were inside the houses. Fortunately, only minor injuries were reported. Another landslide at Forest Hill construction quarters claimed the lives of three persons, while areas around Penampang, Kota Kinabalu and Putatan ... » Learn More about PM visits landslide victims in Penampang during official Sabah trip to mark Malaysia Day
Follow us on Telegram for the latest updates: https://t.me/mothershipsg On Sep. 15, Gardens by the Bay launched its Mid-Autumn Festival 2021 that will run until Oct. 3, 2021. It features a total of nine lantern sets and community displays across the outdoor garden and Flower Dome. Outdoor Gardens displays Located at the Golden Garden near the main entrance are the Sky Lanterns and Rabbit Trails. Measuring 32m wide and 19m tall, the Sky Lanterns is the largest lantern set this year with 70 lanterns floating up the Supertrees. It represents this year's theme, blessings, and is inspired by the eponymous Chinese lanterns that are traditionally released to the sky for good blessings. Rabbit Trails is a series of eight rabbit-shaped lanterns that lead the way to the Flower Dome, where there are more rabbits. Korean period drama lovers should check out the Korean Genre Painting at The Rose near the Floral Clock outside the Flower Dome. It ... » Learn More about Mid-Autumn lantern sets & displays at Gardens by the Bay from now till Oct. 3, 2021
HDB will offer 3,520 flats across seven projects in one mature and four non-mature estates in the November 2021 BTO sales launch. The Jurong West BTO will be one of the three projects to be launched in the west, with 220 units of 3-room and 4-room flats. Here’s 99.co’s detailed review of the November 2021 BTO at Jurong West Project name: To be announced Location: Jurong West Street 93 Classification: Non-mature estate Number of units: 220 units (3-room and 4-room) Number of blocks: To be announced HDB’s estimated completion date: To be announced Indicative price range: Prices will only be announced during the November 2021 BTO launch. In the meantime, SRX has come up with these estimations based on nearby resale transactions and launch prices from recent BTO launches. Price range 3-room $200,000 – $260,000 4-room $280,000 – $390,000 Source: SRX . These estimations take into account property age and location. If a launch is nearer to ... » Learn More about HDB November 2021 BTO in-depth review: Jurong West
Funeral parlor attendants carry the body of Ed Borces, a suspected drug lord, who was shot and killed by Talamban police after raiding the suspect’s house in Sitio San Jose, Barangay Talamban, Cebu City. CDN PHOTO/LITO TECSON President Rodrigo Duterte’s war on drugs is spiraling out of control, a top human rights lawyer and opposition lawmakers said on Friday as police confirmed killing more than 100 drug suspects and at least two senators expressed support for a proposed Senate investigation of the killings. “President Duterte’s war on crime has spawned a nuclear explosion of violence that is spiraling out of control and creating a nation without judges, without law and without reason,” said Manuel Diokno, chair of the Free Legal Assistance Group. Diokno, a prominent law professor, likened the killings to the actions of the late dictator Ferdinand Marcos, accused of killing thousands of dissidents during a 20-year rule that ended in 1986. Rep. Teddy Baguilat said the ... » Learn More about Drug war ‘spiraling out of control’
President Benigno S. Aquino III takes his last view of the Pasig River as seen from the Private Office in Left-leaning activists asked the Office of the Ombudsman on Friday to indict former President Benigno Aquino III for corruption in connection with his administration’s Disbursement Acceleration Program (DAP), an economic pump-priming measure that the Supreme Court ruled as unconstitutional two years ago. The suit is the second filed against Aquino since he stepped down and lost his immunity, in what his camp brands as pure harassment. He is also facing a criminal complaint over the botched Mamasapano counterterrorism operation that left 44 police commandos dead in a clash with Moro rebels last year. READ: Citizen Noy sued over SAF 44 deaths In a 26-page complaint, Bagong Alyansang Makabayan (Bayan) and Bayan Muna party-list group pressed malversation, usurpation of powers and graft charges against Aquino and his budget secretary, Florencio Abad, for the controversial ... » Learn More about Aquino faces charges over DAP
By Vasundhara Rastogi Phnom Penh, once known as the ‘Pearl of Asia’, is the capital and largest city of Cambodia. Located at the confluence of three major rivers – the Mekong, the Tonle Sap River, and the Bassac River -, the city serves as Cambodia’s major economic, business, and trading destination. Though the city is located 120 miles away from the sea, its proximity to the Mekong river valley makes it an ideal port – connecting the landlocked region to the South China Sea via Vietnam by the Hau Giang channel of the Mekong Delta. Phnom Penh is home to 1.5 million people, and serves as a major global and domestic tourist destination in Cambodia. Khmer, the most popular and official language of the country is the main language; English and French are also widely spoken. RELATED: Pre-Investment and Market Entry Advisory from Dezan Shira & Associates Regional connectivity Since the end of Cambodia’s civil war in 1975, the city has undergone rapid development in ... » Learn More about Investing in Cambodia’s Phnom Penh – ASEAN Business News