Articles worth reading
Image : Russian ambassador Andrey Karlov's killer took sick leave on day of attack ...

Russian ambassador Andrey Karlov's killer took sick leave on day of attack ...

person Orange Themes access_time Dec 20,2016

Turkey, Russia, Russian Ambassador Shot, Russian Ambassador Turkey Video, Andrey Karlov, Ankara, Russian Ambassador Video Russian ambassador Andrey Karlov's killer took sick leave on day of attack ... The Russian ambassador was giving a speech at

Image : More than 80 children sickened by food poisoning in Cambodia

More than 80 children sickened by food poisoning in Cambodia

person Orange Themes access_time Oct 19,2016

PHNOM PENH, Cambodia (AP) — Officials say more than 80 schoolchildren in Cambodia have fallen ill after eating contaminated food distributed by a local volunteer group.

Image : World Juniors Game Day Blog: Canada vs. USA on New Year's Eve

World Juniors Game Day Blog: Canada vs. USA on New Year's Eve

person Orange Themes access_time Dec 31,2016

World Juniors Game Day Blog: Canada vs. USA on New Year's Eve In World Junior action, Team Canada (3-0) takes on the USA (3-0) with first place in Group B on the line. Follow along with TSN.ca's live Game Day Blog to stay in touch with the

Latest blog articles

Singaporeans to invest in "local Sentosa" Phu Quoc

access_time Oct 10,2016 chat_bubble_outline 155 views
Singaporeans to invest in "local Sentosa" Phu Quoc

Phu Quoc island has the potential to become another Sentosa while prices for luxury villa and apartment on the island are much lower. — VNS Photo
SINGAPORE (Biz Hub) — Singaporean investors and realty professionals attended Sun Group's realty event held recently in Singapore introducing its projects on the southern island of Phu Quoc.

Sam Ong, director of Savills Singapore, compared local Phu Quoc Island with Sentosa of Singapore, saying there were similarities in geography, natural beauty and tourism potential, adding that Phu Quoc is on the journey to becoming Viet Nam's Sentosa in the near future.

Ong said Sentosa used to be a small fishing village, but 20 years later, it was now a small tourist paradise. Ong also suggested Phu Quoc would enjoy similar success, with investors changing the island immensely in the future.


Singaporeans to invest in "local Sentosa" Phu Quoc

Singaporean investors attend Sun Group's realty event in Singapore. — Photo VNS

Thus, with Singapore realty investors tending to expand their investment portfolio outside the traditional market of Thailand and Bali (Indonesia), Phu Quoc was set to be the new destination.

Further, under the Monetary Administration of Singapore, investors had to pay another seven per cent tax on the value of their second real estate investment and another 10 per cent tax on the value of the third one. To avoid such high tax, a lot of Singaporeans had chosen to invest outside the country.


Singaporeans to invest in "local Sentosa" Phu Quoc

Savills Singapore said investors in Singapore, which has the third-highest number of rich people in the world, were "very fastidious", adding that they only eyed high-end projects with good profitability and prestigious investors.

Victor Hong, an investor with experience of the international realty market, said he was attracted to Sun Group projects as he had stayed at the InterContinental Danang Sun Peninsula Resort and was subsequently convinced about the potential.


Singaporeans to invest in "local Sentosa" Phu Quoc

At Sentosa, most of the two-bedroom beachfront apartments with an area of some 110sq.m2 cost $3 million (or some US $27,000 per sq.m.), while a very high value apartment close to the sandy beaches can cost nearly $7 million. The price of each villa at Sentosa is over $11 million.

Meanwhile, with the potential to become another Sentosa, a villa of Sungroup's Phu Quoc Resort costs between $1 million and $2 million, while an apartment costs some $150,000- $1 million.

According to Sungroup's representative, along with the prestige, popularity and quality of its resorts in the international market, the competitive prices, especially the commitment of a minimum nine per cent profit within 10 years, were attractions for realty products on Phu Quoc Island.

In the month of October, Sungroup is offering buyers of Premier Village Phu Quoc Resort and Condotel Premier Residences Phu Quoc Emerald Bay a two-night stay at the 6-star JW Marriott Phu Quoc Resort & Spa Emerald Bay and other attractive deals. — VNS

AP PHOTOS: Merkel opens weekly cabinet meetings colorfully

BERLIN (AP) — Each Wednesday since German Chancellor Angela Merkel took office in November 2005, the ritual has been the same.Federal ministers, starting just after 9 a.m., arrive one by one at a 6th floor conference room at the chancellery in Berlin. They take a seat at the central table or stop to chat with their colleagues. Lower-ranked officials arrive, sit at desks in the corner and wait for the weekly meeting of the German Federal Cabinet to begin.The Federal Cabinet is the chief… chat_bubble_outline Read More...

Minta Pengamanan, Jaksa Sidang Ahok Dikawal Resmob Polda Metro

Read on the original site chat_bubble_outline Read More...

What media are saying after Seahawks' Wild Card win

Read on the original site chat_bubble_outline Read More...

Penjelasan Kiostix & PSSI Soal Sulitnya Membeli Tiket Laga ...

Read on the original site chat_bubble_outline Read More...

Slovenian bank was recipient named in failed Vietnam cyber-heist

Swift code bank logo is displayed on an iPhone 6s on top of Euro banknotes in this picture illustration made in Zenica, Bosnia and Herzegovina, January 26, 2016. Cyber-criminals unsuccessfully tried to send money from a Vietnamese bank to a Slovenian one in December, but there have been no other cases of attempted fraudulent transfers identified in Vietnam, a top central bank official there said on Tuesday. Le Manh Hung, head of the State Bank of Vietnam's (SBV) Information Technology… chat_bubble_outline Read More...

folder_open Assigned tags

Comments

Loading...

Trends in Singapore

Trends in Indonesia

Trends in Philippin