SG Huat Kah Liao to win ATAs foreign investors to buy SG property at 6000sq/ft…no foreign honour guest SG will withered and up lorry de woh

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Singapore wins when a foreigner pays S$6,274 psf for a luxury condo here​

Lowering ABSD for sales of big ticket luxury condo homes to foreigners could yield benefits

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Leslie Yee

Leslie Yee

Published Mon, Oct 13, 2025 · 11:09 AM

  • Amid some countries erecting trade barriers and multilateralism being undermined, Singapore could do well to build closer ties with rich foreigners.

  • Amid some countries erecting trade barriers and multilateralism being undermined, Singapore could do well to build closer ties with rich foreigners.

  • Amid some countries erecting trade barriers and multilateralism being undermined, Singapore could do well to build closer ties with rich foreigners.

  • Amid some countries erecting trade barriers and multilateralism being undermined, Singapore could do well to build closer ties with rich foreigners.

  • Amid some countries erecting trade barriers and multilateralism being undermined, Singapore could do well to build closer ties with rich foreigners.
  • Amid some countries erecting trade barriers and multilateralism being undermined, Singapore could do well to build closer ties with rich foreigners. PHOTO: YEN MENG JIIN, BT
  • Amid some countries erecting trade barriers and multilateralism being undermined, Singapore could do well to build closer ties with rich foreigners. PHOTO: YEN MENG JIIN, BT
  • Amid some countries erecting trade barriers and multilateralism being undermined, Singapore could do well to build closer ties with rich foreigners. PHOTO: YEN MENG JIIN, BT
  • Amid some countries erecting trade barriers and multilateralism being undermined, Singapore could do well to build closer ties with rich foreigners. PHOTO: YEN MENG JIIN, BT
  • Amid some countries erecting trade barriers and multilateralism being undermined, Singapore could do well to build closer ties with rich foreigners. PHOTO: YEN MENG JIIN, BT
[SINGAPORE] Recently, my colleague Kalpana Rashiwala reported that a Swiss national bought a 3,057 square foot (sq ft) apartment at the freehold condominium The Marq on Paterson Hill, near Orchard Road, at S$6,274 per square foot (psf), amounting to a total of S$19.18 million.

SC Global Developments was the seller of the mid-level four-bedroom unit, and the buyer is understood to be Kristian Jebsen. He is a Swiss citizen and his family is selling out of integrated global shipping company Gearbulk Holding.

For sure, achieving over S$6,000 psf is not typical for transactions at The Marq based on a check of the Urban Redevelopment Authority’s (URA’s) Realis data. Caveats lodged for transactions of four-bedroom apartments between 2022 and 2024 showed prices in the range of S$4,208 psf to S$4,580 psf.
 

POLITICS

K Shanmugam defends population rise to 6.11 million, says Singapore would collapse without foreign workers​


Home Affairs and National Security Minister K Shanmugam said Singapore’s population increase to 6.11 million stems mainly from foreign workers, who are essential to economic growth. Speaking at the Asia Future Summit on 9 Oct, he said Singapore would “collapse without them”, while noting the citizen and PR numbers have remained stable.

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Published


on

10 October 2025
By

The Online Citizen
Shanmugam1-tile.jpg

Home Affairs and Coordinating Minister for National Security K Shanmugam has said Singapore’s population increase to 6.11 million in June 2025 is largely driven by foreign workers.

He stressed that these workers are vital to sustaining the country’s economic growth.
 


No wallorry, SG just switch to welcome more ATAS unskilled high end guest other than traditional Jiuhu de woh
 

'I felt helpless, demoralised and lost': Unemployed Singaporeans share their mental health struggles in a challenging job market​

'I felt helpless, demoralised and lost': Unemployed Singaporeans share their mental health struggles in a challenging job market

Dave (left) and Lena (right) are two individuals who have struggled to find jobs over the past few months.
PHOTO: Dave Peter Ho, Lena Ng
Melissa Teo PUBLISHED ONOctober 11, 2025 4:00 PMBYMELISSA TEO






To mark World Mental Health Day (Oct 10), AsiaOne looks at how everyday Singaporeans cope with mental health issues in their lives.


With a comfortable amount of savings to back her up, Lena Ng assumed that quitting her full-time job as a client account manager, despite not having another job lined up, was a risk worth taking to spend more time with her child.

She took this leap of faith in December last year and began seriously job hunting in March, but to this day, she has yet to secure a new role.
 
We need more good ATAs foreign honoured guest to create a bowl of rice for Sinki de woh
 
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