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However, market singapore property price index data watchers say that underneath Grasp Plan 2008, the positioning is zoned for residential use with a 1.4 plot ratio (ratio of potential gross flooring area to land space). This means that the plot can be redeveloped into a private residential project up to singapore property forum five storeys, subject to payment of a development cost (DC) to the state for the change of use.

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IPOS advises that sequence listings must be filed as part of the Description and Claims". This accords with the PCT Guidelines, which treat the sequence itemizing formally as part of the description. The sequence listing may either be filed between the description and the claims, or after the claims. Your agent must also have access to complimentary services for instance referral to a banker or to a renovation firm.

The IIT Board of Administrators has unanimously accepted the deal, though stockholders of the non-traded REIT must additionally OKAY the transaction. If all of the approvals are in place, the acquisition by Western Logistics II L.L.C., a GLP affiliate, might be accomplished no later than Nov. sixteen. IIT said in a prepared statement that it will also transfer eleven properties that are below development or in the lease-up stage to a liquidating entity, which will promote the excluded properties following the closing of the GLP deal to maximise the worth for IIT's stockholders. IIT stated it estimates stockholders could receive roughly $11.12 per share.

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Nicely, investors who purchased into luxury residential properties in Singapore had been in all probability going for potential capital gains and not rental earnings, anyway. Which means they hope to sell their properties at a better price to a different purchaser afterward. The early birds did fairly effectively but, increasingly, more buyers are resorting to leasing out their properties because of a lack of shopping for interest. This has depressed leases additional in this section.