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Resale units sold last month was down to 200. Resale transactions dipped in 4Q12, likely a seasonal effect, said CIMB. The bulk of the drop, it said stemmed from mass market units priced under S$1,000 psf. Resale prices inched up by 6% from 3Q12. Overall, CIMB notes that the resale market appears to be picking up and it expects more policy headwinds if no further correction is seen in the next few quarters. Martin Koh | 86666 944 | R020968Z Sherry Tang | 9844 4400 | R020241C Senior Sales Director Email: marshe_inc@yahoo.com.sg DTZ Debenham Tie Leung (SEA) Pte Ltd (L3006301G) | www.marshe.sg | www.marsheproperties.com.sg | www.hudcsg.blogspot.com | | www.hausatserangoon.sg | www.8riversuites.com | www.newagents.sg |

Singapolitics Tuesday, Jan 29, 2013 SINGAPORE - Singapore's planners have set aside land for 700,000 more homes to be built by 2030, in anticipation of a 6.9 million population by then. The National Population and Talent Division said on Tuesday that the government has done its long-term planning to accommodate the bigger population. The rail network is set to double to 360km, and new towns will be developed even while more green spaces are built. In the nearer term, it is ramping up infrastructure developments to support a population of 5.8 million to 6 million in 2020, while also tackling the infrastructure bottlenecks experienced today. Some steps it has taken include adding 800 new buses over the next five years, building 110,000 more public housing units and 90,000 private homes by 2016, and adding 4,100 new hospital beds by 2020. The government will continue to explore new technologies and innovative solutions to optimise Singapo

The Korea Herald/Asia News Network Tuesday, Jan 29, 2013 KOREA - Samsung Electronics chairman Lee Kun-hee owns the most expensive houses among the nation's top 50 business leaders, data showed Monday. Lee owns three homes in Seoul's Itaewon, Samseong and Seocho areas, whose combined value stood at 26.31 billion won (S$24.32 million) last year, according to Chaebul.com, a conglomerate-tracking website. Lee is followed by Shin Choon-ho, chairman of food giant Nongshim Group, who has two houses together worth 8.57 billion won (S$9.8 million). The two top owners, Lee and Shin, were once involved in a dispute in 2005 over the view obstruction of their adjacent Itaewon houses near the Han River. Hur Young-in, chairman of SPC Group, a leading food firm with bakery brand Paris Baguette, is ranked third with 8.11 billion won (S$9.23 million). Next to him is Hyundai Motor Group chairman Chung Mong-koo, who owns two houses with a total value of 6

My Paper Tuesday, Jan 29, 2013 SINGAPORE - Property buyers undeterred by the latest round of cooling measures may want to look towards the eastern part of Singapore, where a new residential enclave is slowly but surely springing up. Specifically, the area around Tampines Avenue 10 and 1 - which some property analysts say has the potential to give the popular waterfront developments at the nearby Bedok Reservoir locale a run for their money. Situated opposite Tampines Quarry and near Bedok Reservoir, three developments are already being built along that stretch. While it can easily be mistaken for a reservoir, Tampines Quarry was actually a disused sand quarry pit. It was abandoned in the early 1980s, and had been filled with water over the years. This man-made lake is 30m deep and as big as 10 National Stadiums. The 630-unit Q Bay Residences, developed jointly by Frasers Centrepoint, Far East Organisation and Sekisui House, was the latest

Prices of completed private apartments and condos generally fared worse in December over November The Business Times January 29, 2013 [SINGAPORE] Prices of completed private apartments and condos generally fared worse in December over November, according to latest figures from the National University of Singapore. The university's December flash estimate for the Singapore Residential Price Index (SRPI) series showed that the most marked price deterioration was in Central Region, which is defined as Districts 1-4 (including the financial district and Sentosa Cove) and the traditional prime residential districts of 9, 10 and 11. The sub-index for Central Region (excluding small units) fell 1.3 per cent month-on-month in December, reversing a 2.2 per cent gain in November. The sub-index for Non-Central Region (again excluding small units) rose 0.5 per cent in December, a more modest gain compared with November's 1.3 per cent rise. Accordi