Eight adorable buildings

Eight adorable buildings

Over the years most of the people tend to think all what can be seen or heard is just the same as what has been said or seen before as well. This is not the case when it come to the buildings in the Singapore. Specifically, the best eight buildings which have made Singapore get most of the glory as a result of such tall buildings therein. They have been designed by the most known architects in the whole world. For sure they must be very amazing to many even if not to everybody. Let us look the following Eight tall buildings in Singapore as follows:

The first one is Keppel bay reflections (photo), finished in the year two thousand and eleven. This building is known worldwide due to all what it contains. It is in Asia whereby the building is used by the residents. They live in the wonderful building which has amazing curves which brings the idea of a art. This building was built by the architect called Daniel Libeskind who is one of the best architects in the whole world. The building is tall and it contains short other buildings as well. The building has combination of towers which are six in total. Some have floors which are from twenty-four to forty-one. This is such a tall building indeed. It also has other apartments which also entail some gardens used by the residents. In all the towers there is a bridge which connects who those who live in there as well as the guests. The bridge enables both those who are guests as well as the residents to have a clear view which is mount sentosa and Faber.

The second building is Interlace which was completed in the year two thousand and thirteen. This is one of the buildings which brings wonders to those who pass near it as well as those who spend therein. This building was the best recognized in the year two thousand and fifteen. In addition, it was the one which won 2014 award for the urban habitat. It has a total number of thirty-one floors which look like pockets to allow light and air to pass through. This building enhances the sites of waterfall terrace and lotus pond, water park at central square, Theatre plaza, valley spa, play hills and Bamboo Garden which are the most prestigious places visited.

The third building is the Bank Apartment pearl. Over the years this building has known as the one tallest in the in the URA projects. In Singapore this building has been a residential building. It has a total number of thirty-eight floors. It has been located at Outram park. This building was planned by Archurban architect's planners and was finished to be built in the year1976.By this time this building was the only one with the largest apartments hence made it to be a site to be viewed. This building has area for shopping, communal and parking space located on floor 28th.

The fourth building is the sky habitat which was completed in the year two thousand and fifteen. This building has a total number of thirty-eight towers with three bridges linking them. It is a building which has a form of transformed habitats by Bishan skyline. There are sky gardens on the fourteen and twenty fourth floors and also a pool feature in thirty-eight floor. It has adequate ventilation and greenery features vertically.

The fifth building is the Orchard scotts Residents which was completed in the year two thousand and eight. This building is outstanding on its own way because it has facades which are shimmering. It is entailing three blocks which are clearly displayed in artworks contemporary. This building was designed by the firm Arquitectonica who also won FIABCI awards. It is one of the buildings in Singapore which is of great site to be viewed by many.

The sixth building is The colonnade which was completed in the year 1986. This building took quite a while to be completed since 1980 up to 1986.This was due to lack of enough capital in order to build it as it was initially planned by Paul Rudolph as the architect. This is one of the buildings in Singapore which is in Grange road. It has interlocking units. It is one of the amazing buildings in Singapore.

The seventh building is Sculpture Ardmore. This building was completed in the year 2014.It has 36 floors and is built at Ardmore park. It was planned by Carlos Zapata who was the architect. It has carvings and also glass fins.

The eighth one is Oliv building. Was completed in the year 2013.This building has open spaces in a vertical gardens and has 23 units. Each floor has only 2 units. It has irregular wall in shape and resembles round which is wavy. Was built by Mok Wei. It is one of the rare buildings in Singapore.

Singapore is Great for Businesses

Singapore is Great for Businesses

For over a decade now, the nation of Singapore has had the friendliest economy as it relates to business and the demand and supply of the economies of the world. The guiding environment of the country makes it perfect and very beneficial for striving entrepreneurs. The evidence to support this claim comes from the league table of the World Bank. The ease at which business is conducted is measured and reported on the ‘Doing Business' report that is released on an annual basis. It is measured for a hundred and eighty nine economies and is based on business regulation of ten areas including, acquiring credit and electricity, getting a firm started and trading over borders. Singapore leads this report with New Zealand close behind with measurements of 87.34 and 86.79 respectively.

According to the report it will take approximately two and a half days to get a company assembled by entrepreneurs in Singapore while in lower ranking economies such as in countries like Eritrea it will take about eighty four days for the same process to be completed. The report determined that is has gotten a lot easier to start a new business worldwide in recent times thanks to the radical growth of the eastern world's economy. It took approximately fifty one days previously to start a business and that number has half in recent times to about twenty five days.

This report is aimed at global coverage disclosing the economic state of the countries of the world. The data that is able to be realistically collected in the lower world countries' economy determines the indicators used for the country. The report lacks certain important information that may be crucial to firms. There are two sides to a coin but this reports is made only on the factors that positively affects the economies of the world. Some information that is excluded includes the market size, security, bribery, corruption and other unlawful acts and the possible stability of micro economy.

The nations that perform the best are not usually the ones that have little regulation or less regulations and rules. The strongest nations are usually the ones that have good rules and regulations that can be determined as the best. These nations ensure transparent and efficient business function along with in their markets as well. The interest of the public is also protected by the country thanks to these good rules and regulations. The nation of Singapore needs to stay current by always upping their value and staying abreast of the competing entities regardless of the fluctuating costs of business, labor policies and slowing down of economic growth.

Switzerland has the number one competitive economy for years now with Singapore's economy right behind it. The World Economic forum is the reference that supports the claim of the top world economies. The yearly Global Competitiveness Report states the position of the world economies annually and this has been the state of the report for almost a decade now, Switzerland leading with Singapore right behind it. This will change in coming years as the Chinese economy is growing rapidly and exponentially and is expected and predicted to be the vastest economy in the world in the very near future. The global reports will be significantly different in the coming years with the increase in size of a lot of Asian countries economies. Investors will have to also keep abreast of the radical trends of the economies of the world's countries. The radical changes of the markets of the world will be significantly advantageous to a lot of entrepreneur and investors that are seeking new business venture in this time of change.

Laying the foundation for the Future

Laying the foundation for the Future

Executive director for logistics for

Economic Board of Development for Singapore

commented that focus on manufacturing innovation, which is Singapore's core strength will allow the country to take advantage of trade growth around Asia. There is a marked slowdown in Asian trade, but the growth will resume with increasing young adult population and booming middle class. Asia will see booming growth for coming future years, far better than other parts of the globe. Singapore's EDB, the main economic agency is in charge of almost 40% GDP for the country.

The Singapore Economic Development Board (EDB), a government agency under the Ministry of Trade and Industry, is responsible for strategies that enhance Singapore's position as a global centre for business, innovation, and talent.

"EDB is selective in engaging and promoting investments which meet the resource profile and the aspirations of Singaporeans. We are committed to ensuring that activities in Singapore are fit for the future and sustainable in the medium to long term.

We are confident that these efforts will accelerate our shift from being a value adding economy to being a value creating one, to bring about sustainable economic opportunities for all."

Dr Beh Swan Gin, Chairman, Singapore Economic Development Board

Looking back in time, South East Asia trade harmonization in 2015 will see 10 member nations doubling trade volume, with 25% originating from inter Asia trade. ASEAN countries comprising of Brunei, Malaysia, Cambodia, Laos, Malaysia, Singapore, Myanmar, Philippines, Vietnam and Thailand has 600 million strong population. ASEAN relationship will see higher commitment for freer cargo flow and finance movement. There will be convergence and standardization of trade practices as well as transportation infrastructure. Singapore Port suffered lower port volume movement due to global trade slowdown. Container traffic at five main terminals operated by one and only PSA Singapore rose only 1.4% year on year during the 1st half for the year, down from 5.2% growth in 2011 and 2012. Jurong Port is another port facility handling containers. Manufacturing output in the island city state fell 5.9% year on year in the month of June. If biomedical manufacturing products are excluded, the total output fell just 0.5%. Biomedical production is more cyclical in nature hence the demand fall is more severe compared to other stable industry.

Rolls-Royce Singapore is the sole company based in Asia to manufacture Boeing's engine for its latest 787 Dreamliner model as well as Airbus A300 jumbo jets. This solidified Singapore's status as a high value chain manufacturer. 40 years ago Singapore were known to American consumers as a low cost manufacturing hub. Engineering products are another key output where almost 70% of jack up oil rigs originating from Singapore. Singapore is also a top manufacturer for semiconductor components. If we analyze the history of Singapore manufacturing scene, over the last 40 years low value manufacturing has been replaced with high value production output.

Comprehensive infrastructure has enabled Singapore's factories to be more competitive against its global peers. Changi Airport was ranked 12th in terms of cargo handling volume in 2014 and its port ranked 2nd in the whole globe right behind Shanghai. Singapore topped the World Bank ranking for logistics and trade flow in 2012. The logistics industry in Singapore employs around 200,000 skilled labor and contributes 8% to the nation's GDP. Manufacturing on the other hand contributes 25% for Singapore's GDP. Singapore port is not spared from competition from all fronts. In South East Asia alone, Colombo Port in Sri Lanka as well as Port Klang are vying a piece of the trade pie. Singapore has managed to come out tops due to its dominant container capacity and reliable and efficient service coupled with stable political scene.

85% of roughly 30million TEUs that passes through Singapore annually are transshipped, with the remainder 15% being direct exports and imports. A planned new port located in Tuas will be expected to expand Singapore's capacity to 65 million TEU by 2027. Tuas will serve as the new western transshipment hub. Its Pasir Panjang Port Terminal will undergo expansion in order to increase capacity by fifteen million TEU. Total amount spent will be around $3.5 billion. Singapore has the potential to provide specialized service that serve the healthcare, aerospace and oil & gas industry. About 20 top global 2rd party logistics enterprises have solid base in Singapore. This will help Singapore advance the specialized service sector. DHL, UPS as well as World Courier have started launching healthcare logistics services, using Singapore as a main hub. DHL and Panalpina had used Singapore as an oil & gas hub for logistics.

Singapore's strong economic development focus and world class education system can assist companies in refining their operational procedures to excellent levels. There is unlimited growth potential for supply chain solutions providers. Asia has yet to come to a standardized operating landscape hence shippers will have difficulty attaining efficiency for the supply chain management. There is much to be learned from European and US counterparts. Manufacturers are constantly on the lookout for efficient supply chain management solutions across all geographical regions. Trade within Asia and with countries outside of Asia will continue to grow and companies should be well positioned to capture the growth.

Property Acquisition trend in Singapore

Property Acquisition trend in Singapore

After 3 years of falling prices, 2018 is looking like the year that Singapore property market turnaround finally rises up again.

Real estate value rose in excess of 80% in Singapore from 2008 to 2013. Government stepped up its regulatory measures to control the overheating market for fears of a market bubble. The measures worked effectively bringing down prices by 1.4% in 2014 and another 3.7% in 2015. In 2016, everyone is closely watching the market outlook. Jones LangLasallereseach director MrOng expects prices to fall another 8% in view of the slowing ecnomoy.MAS conducted a study which concluded that Singapore home prices would be 17% higher if government had not introduced a slew of cooling measures.

The government has been cautious to ensure first time home buyers whom were citizens of Singapore were not affected. Home buyers acquiring their 2nd and 3rd residential units had seen their transaction cost skyrocketed. Some complained that government measures were too stringent, causing a higher than expected fall in property prices. For 4Q 2015, prices fell for the 9th consecutive quarters. This is by far the longest continuous fall for the past 17 years.

2016 1st quarter saw sharp uptick in residential property sales for new launches. 500 units were said to be sold, reflecting a 64% q-on-q and 73% y-o-y increase. The uptick were mainly contributed by strong demand for Cairnhill Nine, a residential project on the back of a 99 year leasehold land with total of 268 units launched near Orchard. Other indicators signaled a still depressed property market. Rents for prime sector decreased 1.3% on a quarterly basis while luxury sector rental rates decreased 2.7%. Economic slowdown is the main contributing factor. Singapore's large oil & gas sector is at an industry low point due to excess inventories and low oil prices. Industrial production, trade and retail sales continue to underperform.

Government policy to reduce population growth saw falling demand for private houses. New residential projects continue to be launched via large suburban township development and public housing building schemes. Excess supply over housing demand caused real estate values to drop. Government took public feedback on lacking of infrastructure to heart by slowing down immigration into Singapore due to rapidly increasing number of residents. Government increased public funding for new MRT lines construction, healthcare centers and public welfare projects. 2017 will be most projects reached their completion states. Government policy for relaxing immigration will see a rise in population, thus dirving up house prices.

Property market is dependent on economic growth rate. For 2016, economic growth is expected to fall within 1% to 3% only. Finance Minister, Mr. SweeKiatHeng announced that government would spend 7.3% more (totaling $73 billion). Fund allocation increase for public infrastructure spending will spur growth.

China slowdown has severely affected global growth. The electronics manufacturing in Singapore is feeling the heat and slowing demand. Government will provide assistance for businesses to brace for tough times. Income tax rebate for corporations increase 50% from 30% of tax to be paid, with a max cap amounting to S$20,000 every year in 2016 as well as 2017. Marine sector and other industry in worse conditions were given assistance in the form of foreign labor levy increment deferment for work permit holders. NUS and REDAS conducted a Real Estate survey that shows 90.6% view global slowdowns as biggest risk affecting Singapore's property market. The index for current as well as future sentiment stands at only 3.5, between 0 and 10. Slowdown is the current trend in property markets.

About 64% felt that there will be further liquidity and finance tightening. Job retrenchment will pull down the markets. Real estate values may see a recovery when government withdraws its property stabilization mechanism and policies. The Finance minister clarified that current level and price conditions do not warrant relaxation of property market tightening measures. It is still too early.