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UK House Prices Down In July

UK house prices in July fell for the first time since February last, from an average of 170 111 169 347 Pounds to Pounds.

According to a study by Nationwide Building Society, house price declines of about 5 per cent inflation that shows the average house price in England in July fell 6.6 percent from the previous position which amounted to 8.7 percent.

"So far this year housing demand is still smaller than the demand last year," said Nationwide chief economist Martin Gahbauer.

Gahbauer added, although the government has provided incentives and benchmark interest rates too low, but home sales and purchase transactions that occurred in the whole of England still counted little. "The financial crisis and the recession that occurred in the UK still seem burdensome to the community," said Gahbauer.

This has obviously resulted to the financial condition of the community. Where, only rich people are likely still active trade. "The reason most people still resist the temptation to buy a house, due to the economic situation that still beset the uncertainty," said Gahbauer.

Ring Road in the Autonomous City of Cape Flower Built

2.5 kilometer-long road that runs from beside the Trans Losari translucent Studio will be built with block paving construction 20 meter wide boulevard design.


"Construction of roads in the CPI has been started and conducted in accordance with preliminary design," said Head of Spatial Planning and Housing (Tarkim) of South Sulawesi, Sharif Burhanuddin, in Makassar, Wednesday.

2.5 kilometer-long road that runs from beside the Trans Losari translucent Studio will be built with block paving construction 20 meter wide boulevard design.

Tarkim Department as a person in charge of infrastructure development, managing budgets Rp7 billion on a special 2010 budget Sulsel to build roads in the area that would later become New Losari.

Sharif said that the development path aimed at both interesting and open access for investors to invest in the area of the CPI. In addition, she said the road will become the new tourist resort for the people of South Sulawesi, as well as running sports facilities while enjoying the sunset (the sunset).

In the area of the CPI, will be constructed for the New Karebosi (New Karebosi) with an area of 16 hectares, or about twice the size of the field Karebosi now, Government House, the Mosque Asmaul Husna, and various modern facilities.

Previously the Chairman of Commission D of Parliament of South Sulawesi, Hery Suheri Attas criticized because it assessed Tarkim Office is slow in following up on the ring road which is located coastal area of Tanjung Bunga grow soil.

According to him, the land passed by this street is in already dikapling design community, so Tarkim must liberate the land back. Commission D said he would not tolerate the construction of roads which deviated from the initial concept.

Lease Rates Rise Mall Average 9 Percent

Rising electricity basic tariff (TDL) would come raise a number of mall rental rates and service charges.

"The rental fee mall will increase on average by 9 percent due to increase in TDL," said Chairman of the Association of Indonesian Shopping Center Manager (APPBI) Stephanus Ridwan, Tuesday (20 / 7).

This is similar to the count of the Head of Research Jones Lang LaSalle Anton Sitorus which shows no signs of trend decline in mall rental rates in the second half of this year. Section, during the past year to first quarter, rental rates have experienced a trend decline in the mall to 10 percent. Now, in the second quarter of this year, rental rates have started terkerek mumbul mall.

In addition to the rental rates go up, the retailers likely will also change its rate fix. For example, current rental retailer set a fixed rate of U.S. $ 8,000, then that number will increase to U.S. $ 9,000.

In addition to a mall rental rates rose, tariffs, service charges will also rise. Only, the rate increase service charges every mall is different. Stephanus count, increase in service charge rates between 12 percent and 20 percent.

Leading Hotels of the World Will Open Second Hotel in Singapore

International hotel chain Leading Hotels of the World (LHW) will open two luxury hotels in Singapore. The hotel is scheduled to operate this 2010 year end, but time must not be confirmed.


LHW hotel which currently operates in the new Singapore Capella Singapore, a luxury resort on the resort island, Sentosa. But worldwide, LHW network totaling more than 450 hotels, resorts, and spas.

Capella Singapore luxury resorts opened early in 2009, is located at more than 12 hectares of land on the island of Sentosa. This reflects the luxury resort because many luxury elements ranging from fine-dining to recreation and health here. This makes the resort is the main goal for a wedding and honeymoon with a very romantic atmosphere.

Leading Hotels of the World mentions, in the first six months of 2010, branding and marketing of the resort Capella helped generate sales worth 2 million Singapore dollars. This figure increased by 53 percent per year.

Philip Ho, vice president of The Leading Hotels of the World Asia Pacific said it plans to make new ideas for guests, including Leaders Club Reward, namely those who stay five nights, will get one night free.

"We also increased our sales in Asia Pacific," said Philip.

LHW group is now seeking new locations in the city center for their second hotel in Singapore.

LHW said the new hotel will have the same quality with the Capella, which offers guests a unique experience for high-end class.

This group saw opportunities in Singapore, which recorded a record number of tourists after the Marina Bay and Sentosa Resort opened.

LHW group reached 28 million U.S. dollars from 60 luxury hotels in Asia.

24 Multinational Companies Move Headquarters to Shanghai

The Walt Disney Co., Kraft Food Inc., and Novartis International AG including 24 multinational companies that decide to move their regional headquarters to Shanghai, China.

Multinational companies, including six of them entered the Fortune Global 500 list of the world, get a certificate to move their regional headquarters to Shanghai.

Currently the total number of multinational companies headquartered in Shanghai, 795, including a regional research and development center. These conditions make the status of Shanghai as a major destination for multinational corporate headquarters.

"Growth of foreign firms is a recognition of the conducive investment climate for foreign investors in Shanghai," said Sha Hailin, Chairman of Trade Commission of Shanghai.

"This is a special moment when the World Expo held in Shanghai. This exhibition is more and more foreign people aware of the potential of Shanghai, "he continued.

During the global economic decline, foreign investment in Shanghai increased 4.5 percent compared with a year earlier (2009), which reached a record 10.5 billion U.S. dollars.

In the first six months of this year, foreign investment in Shanghai reached 5.4 billion U.S. dollars, according to the Trade Commission of Shanghai.

Accumulated foreign investment in Shanghai from carrying up to 110.7 billion U.S. dollars. This figure makes Shanghai the third city in China foreign investment-friendly, after Guangdong Province (230 billion U.S. dollars) and Jiangsu Province (200 billion U.S. dollars).

Paragon Hotel Solo in Solo, Central Java, began operations in August. Four star hotel located in Jalan Dr. Soetomo, Solo City, will be managed by Tauz

Paragon Hotel Solo in Solo, Central Java, began operations in August. Four star hotel located in Jalan Dr. Soetomo, Solo City, will be managed by Tauzia Hotel Management. During this Tauzia known manage Hotel Harris.

Location Solo Paragon Hotel near Jalan Slamet Riyadi, the main street of Solo which is identical with cultural attractions and tourism activities along the road. ?
"Solo Paragon Hotel & Residences is a modern accommodation combined with a strong character of the city of Solo with tradisonalnya culture," said Hengky Tambayong, General Manager of Paragon Hotel & Residences Solo.

The hotel has 237 rooms, including 31 suites, a lounge with live music, an international restaurant and bar, four meeting rooms, and the main ballroom that can be a capacity of 1,500 people, service spa and fitness center with three on three basketball courts. Furthermore this hotel has a resort-style swimming pool and Nemo Kid's Club for children.? All the rooms are equipped with LCD TVs, air conditioning, mini bar, coffee and tea facilities, safe deposit box, free internet access.

Treasure On Balmoral, Luxury Investments in Singapore.

Limited is a luxury, and also can mean big profit. Maybe that's an appropriate expression of property investment in Singapore. With a small land area, but will be solid business activity, making people more willing to sacrifice their money to be able to 'shelter' of this multicultural land.

A survey of even saying that, this year it will be no increase in the total population of 500,000 inhabitants, the majority due to the arrival of businessmen from all over the country. This property menigindikasikan demand will also increase.

Meanwhile Vibizconsulting CEO, Alfred Pakasi said that investment in property is a wise and profitable option considered stable, simple, but has a very attractive rate of return. Especially when these investments are made in areas such as rare in Singapore.

Alfred added that the investment in this sector, promising at least two advantages, namely an increase in asset value and income benefits (income) that exceeds the cost of credit and taxes.

"Singapore's property market is rising dramatically, as part of the economic recovery phase. So, this is the right time to use the investors "he said.

Moment is utilized by real estate mega-developer HSR Realtors Ltd to develop a luxury residential heart of Orchad Road, 10 district centers,? named "Treasure on Balmoral".

Luxury apartment which only has 48 units, first launched in Jakarta on Friday (21 / 5) with consideration to meet the high demand in Indonesia will be properties in Singapore. This is as stated Head HSR Project, Dennis Young.

Excellence?
Dennis explained that the apartments are built with attention to details the location, architecture and various facilities in the surroundings.

Two blocks of three and four bedroom units, which are equipped with private elevator and indoor and outdoor dining area in a unit big enough and broad and wide balconies.

For fitness enthusiasts, provided a modern fitness center with complete facilities and gorgeous scenery.

He also explained that this property is located close to various prestigious club for families and educational institutions who have a good reputation in Singapore, such as the Chinese International School and Anglo Chinese Primary School.

Leisure Investment?
Dennis explained further that the increase in property prices in Singapore quite high, about 10% to 20% per year. with the level of rental rate (profit rent) of about 5% per year.

Also in the Singapore property can be sold in the form of property or leasing. The status of property rights allows property allows the owner to take control of the eternal, while providing property leasing transactions during the leasing period. After a period of leasing, both the rights of property ownership and interest back into the hands of the state.

Added to him, since 2005 foreign citizens are given the opportunity to buy an apartment without having to obtain approval of the authorities in Singapore, known as the property of Strata-Property (Strata-titled properties). Besides the property owners were also given a visa facility for a period of five years.

"We're open. Singapore does not distinguish between local with foreign nationals "he emphasized.

Investment Security?
According to Dennis, there are several reasons why foreign investment like in Singapore. First, the certainty of law in this country is clear, and transparent. And Secondly, social conditions, economic and political is very stable. Security of investorpun supervised and guarded by the Supervisory Authority Property (Building Control Authority) of Singapore.

Price and When?
48 units were offered at prices starting at Sing $ 4.35 million, with a DP of 5%. And within eight weeks of payments has reached 50%. This property development has started in December 2009, and will be opened in the upcoming July 2013.