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Thread: Soleil

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    Medical tourism on the mend
    Shuli Sudderuddin
    The Sunday Times
    Sunday, 14 December 2009


    The medical tourism industry looks to be in the pink of health again, after suffering the recession. - Photo: Chew Seng Kim, ST

    The medical tourism industry looks to be in the pink of health again.

    Things are looking up after the recession — which hit last year and continued for much of this year — caused some pain.

    As many countries’ economies have stabilised, industry folk like Dr Wong Seng Weng are more upbeat.

    Wong, medical director at The Cancer Centre, said the end of last year was “a quiet period but there’s been a return of confidence”.

    Over at Parkway Health, its spokesman said it has seen a “steady recovery” since the middle of this year.

    “Generally, in a downturn, patients tend to postpone non-critical surgery,” noted the spokesman.

    In the 4th quarter of last year, Parkway’s 3 hospitals saw a 7% to 8% drop in the number of Indonesian patients.

    At Pacific Healthcare Holdings, which runs specialist centres and clinics, things are also looking up. It suffered a 10% fall in medical tourists last year.

    Indonesians form the largest group of medical tourists. The financial crisis last year weakened the rupiah, and there were also uncertainties about the economy and when it would rebound,” said Dr William Chong, chief executive of Pacific Healthcare.

    Those in the industry noted that while treatments in Singapore are not cheap, our reputation as a hub of medical excellence continues to be a draw.

    Comparing prices, Nanyang Technological University’s Professor David Reisman said a procedure for cardiac bypass costs US$18,500 here, versus US$9,000 at a reputable hospital in Malacca or Penang.

    “The same procedure would cost US$130,000 in the US, so Asia is still a good buy,” he added.

    Medical groups are targeting patients from places as far away as Russia, Germany and Sweden. They are also attracting patients from the US who are covered by their companies, or personal health insurance.

    The medical travel sector is fairly resilient, given that health-care treatments are often a matter of necessity, and we continue to work towards the 2012 target,” said a spokesman for the Singapore Tourism Board.

    It aims to attract 1 million patients by 2012.

    Figures from SingaporeMedicine show that last year, 646,000 visitors were associated with the nation’s health-care services, up from 571,000 in 2007.

    This number counts both patients and those who accompanied them here, as well as tourists who received incidental health care.

    SingaporeMedicine is a government-industry partnership to promote the country as a world-class health-care destination.

    Efforts include that of Dr Wei Siang Yu, who founded medical tourism portal Fly Free For Health. Users can get opinions from doctors and nurses online so that they feel reassured about travelling here, said Wei, who has also seen heavier traffic over the last 4 months.

    Certainly, while many people may still be careful about spending, even as the global economy is mending, they take health — a matter of life and death — seriously.

    Take the case of Dzung Nguyen, 30, who took his father Nguyen Van Hung, 53, to The Cancer Centre when the latter was diagnosed with gastro-intestinal cancer 3 months ago.

    So far, Dzung, a letter carrier in Vietnam, has spent about $10,000 on chemotherapy, lodging and airfare.

    “We’ve been tightening our budget because of the recession, but we decided to come to Singapore. While it’s the most expensive place in South-east Asia, it’s also one of the best and one of the closest to us,” he said.

  2. #242
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    Quote Originally Posted by URA
    Private Residential Units Sold in the Month of November 2009

    Project Name .. Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
    Soleil @ Sinaran . CCR ......... 373 ......................... 1 ................................
    1,511 ............. 1,511 ........... 1,511
    This long-awaited primary sale should officially mark the end of the fire sale in the sub-sale market.

    Congratulations to those who have grabbed yourselves a good bargain in the sub-sale market.

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    Quote Originally Posted by Reporter
    This long-awaited primary sale should officially mark the end of the fire sale in the sub-sale market.

    Congratulations to those who have grabbed yourselves a good bargain in the sub-sale market.
    I know of rich people from VN and other South East Asia coming to SG for medical health check.

    Does this mean this bad "feng shui" thing around centre of excellence for medical care will eventually pass?

  4. #244
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    Feng Shui is something that many people assume they know and yet is actually almost totally ignorant of or completely misinterpret. The study itself is deep, and in the olden days people who practise feng shui are the very well-educated (but can't make it to the top 3 scholars). Even nowsdays, there may be quite many people purporting to be 'feng shui' masters but not really sure they are actually the got 'substance' type.

    Quote Originally Posted by andy
    I know of rich people from VN and other South East Asia coming to SG for medical health check.

    Does this mean this bad "feng shui" thing around centre of excellence for medical care will eventually pass?

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    Quote Originally Posted by Reporter
    This long-awaited primary sale should officially mark the end of the fire sale in the sub-sale market.

    Congratulations to those who have grabbed yourselves a good bargain in the sub-sale market.
    How come still got primary sale? I thought this was launched long ago?

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    Quote Originally Posted by Newbie Homebuyer
    How come still got primary sale? I thought this was launched long ago?
    It was launched long ago but was not sold out. Many loft units could not find buyers. As of 31 December 2009, there are 44 unsold units.

    Here is the latest primary sale - a 2-bedder:
    Soleil @ Sinaran
    Address ........................ psf .............. Area ......... Price ............. Contract Date
    6 Sinaran Drive #29-14 ..... $1,511 psf ..... 958 sqft .... $1,448,000 ..... 26 Nov 09

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    i thnk its all loft units they have left. advertising those around 1150 - 1200 psf a while back, but if you calculate the "real floorspace" u get, its more like 1500 ++

    still think one can get lower floor one bedders for this below 1300 (no loft), which in my personal opinion is a good price for this location and project (I did buy a few months back)

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    Default Jan 2010 Highest price sold for Soleil is 1675 psf !!

    Private Residential Units* Sold in the Month of January 2010
    Soleil @ SinaranSinaran DriveRiverside Investments Pte Ltd Non-Landed CCR 4174173754202 1,645 1,614 1,675

    Here is the latest deal made for Soleil !
    It seems to be recovering more faster since last month`s highest price is 1675psf.

    Is there anybody knowing which level and size of Soleil unit was sold for 1675psf?
    Last edited by trump7; 17-02-10 at 19:25.

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    I cant find that alleged sale at 1675 in URA, r u sure ? In any case, it must have been a very high floor

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    Quote Originally Posted by hk2313, 23 February 2010 5.30 pm
    I cant find that alleged sale at 1675 in URA, r u sure ? In any case, it must have been a very high floor
    Very-high-floor unit for this $1,675 psf? Could be ... but for non-city-facing stack.

    Above-30th-floor city-facing units start from slightly below $1,800 psf to the highest $1,845 psf.


    Private Residential Units Sold in the Month of January 2010
    Project Name .. Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
    Soleil @ Sinaran . CCR ....... 375 ....................... 2 ........................... 1,675 ........... 1,645 ........... 1,614

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    Soft Launch Of Medical Suites at Parkway Novena Specialist Centre
    Parkway Holding Limited
    Friday, 12 March 2010, 6.49 pm

    The Board of Directors of Parkway Holdings Limited (the "Company") refers to the announcement of the full year financial statements on 23 February 2010 (the "Announcement") wherein it was announced, inter alia, that the launch of the Phase 1 sale of the medical suites was imminent.

    Following the Announcement and pursuant to Rule 703 of the Listing Manual, the Board of Directors of the Company wishes to inform that they have commenced the soft launch of the sale of the medical suites at Parkway Novena Specialist Centre. The medical suites available for sale at the soft launch ranged in size between 452 sqft and 1431 sqft and are priced between S$3,588 psf and S$3,828 psf (prices excluding GST).

    By Order of the Board

    June TAY Kwok Fung
    HO Li Li
    Company Secretaries
    12 March 2010

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    Could anybody upload the picture of Soleil construction site? or explain by words?
    I am out of town and hope to see and know the progress of its construction.

    It will be highly appreciated. Thanks!

  13. #253
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    From FCL Website :-

    Progress On Site For Soleil @ Sinaran As At January 2010
    S/N Items Progress Status
    1 Foundation Work Completed
    2 Reinforced Concrete Framework In Progress
    3 Brick Walls In Progress
    4 Ceilings In Progress
    5 Door and Window Frames In Progress
    6 Car Parks, Roads and Drains In Progress
    7 TOP issued Nil
    BE CENTRED BY ALL AT THE FRINGE OF THE CITY @

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    Quote Originally Posted by Property_Owner, Property market sentiments 2010, 15 March 2010 10.23 am
    L'VIV at 2100psf to 2200psf ? deja vu of soleil?
    If $1,511-psf deal in November 2009 cement Soleil @ Sinaran's foundation, then this $1,640-psf deal would signal the start of $2,000-psf subsales soon.


    Private Residential Units Sold in the Month of February 2010
    Project Name .. Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
    Soleil @ Sinaran . CCR ....... 376 ...................... 1 ............................ 1,640 ............ 1,640 .......... 1,640
    Quote Originally Posted by Reporter, 15 December 2009 11.45 am
    This long-awaited primary sale should officially mark the end of the fire sale in the sub-sale market.

    Congratulations to those who have grabbed yourselves a good bargain in the sub-sale market.

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    Quote Originally Posted by sleek
    From FCL Website :-

    Progress On Site For Soleil @ Sinaran As At January 2010
    S/N Items Progress Status
    1 Foundation Work Completed
    2 Reinforced Concrete Framework In Progress
    3 Brick Walls In Progress
    4 Ceilings In Progress
    5 Door and Window Frames In Progress
    6 Car Parks, Roads and Drains In Progress
    7 TOP issued Nil
    =========================================================

    Thanks a lot !!

  16. #256
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    A caveat was lodged in February for a subsale of a high-floor-hotel-facing unit? Cool!


    Soleil @ Sinaran
    Address ....................... psf ............... Area ........ Price ........... Contract Date
    2 Sinaran Drive #30-07 .... $1,675 psf .... 936 sqft .... $1,569,000 .... 10 Feb 10

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    Quote Originally Posted by Reporter
    A caveat was lodged in February for a subsale of a high-floor-hotel-facing unit? Cool!


    Soleil @ Sinaran
    Address ....................... psf ............... Area ........ Price ........... Contract Date
    2 Sinaran Drive #30-07 .... $1,675 psf .... 936 sqft .... $1,569,000 .... 10 Feb 10
    Selling @ loss you say cool?

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    Quote Originally Posted by Property_Owner, 17 March 2010 9.48 am
    Selling @ loss you say cool?
    Why did you say it is selling at loss?

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    Quote Originally Posted by Reporter
    Why did you say it is selling at loss?
    hope i didn't pull wrong info, i think is bec of the history of this unit:

    2 Sinaran Drive #30-07 .... $1,742 psf .... 936 sqft .... $1,630,720.... 10 Sep 07
    2 Sinaran Drive #30-07 .... $1,675 psf .... 936 sqft .... $1,569,000 .... 10 Feb 10


    loss $61,720 leh... +stamp fee?

    but why cut loss now leh ?

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    Quote Originally Posted by taggy, 17 March 2010 10.09 am
    hope i didn't pull wrong info, i think is bec of the history of this unit:

    2 Sinaran Drive #30-07 .... $1,742 psf .... 936 sqft .... $1,630,720 .... 10 Sep 07
    2 Sinaran Drive #30-07 .... $1,675 psf .... 936 sqft .... $1,569,000 .... 10 Feb 10


    loss $61,720 leh... +stamp fee?

    but why cut loss now leh ?
    I was too lazy to search on its past. Thanks for doing so and sharing with us.

    I agree with you that the owner have sold too early. However, the person may have his/her personal reason that we can't comprehen.

    So it's now a "Cool?".

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    Quote Originally Posted by taggy
    hope i didn't pull wrong info, i think is bec of the history of this unit:

    2 Sinaran Drive #30-07 .... $1,742 psf .... 936 sqft .... $1,630,720.... 10 Sep 07
    2 Sinaran Drive #30-07 .... $1,675 psf .... 936 sqft .... $1,569,000 .... 10 Feb 10


    loss $61,720 leh... +stamp fee?

    but why cut loss now leh ?
    Jlrx, your PROPERTISM had not reach this guy that sold.

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    Quote Originally Posted by taggy
    hope i didn't pull wrong info, i think is bec of the history of this unit:

    2 Sinaran Drive #30-07 .... $1,742 psf .... 936 sqft .... $1,630,720.... 10 Sep 07
    2 Sinaran Drive #30-07 .... $1,675 psf .... 936 sqft .... $1,569,000 .... 10 Feb 10


    loss $61,720 leh... +stamp fee?

    but why cut loss now leh ?
    The potato is just too 'HOT'. He has to let it go!!!!!!!

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    Quote Originally Posted by moneyspinner
    The potato is just too 'HOT'. He has to let it go!!!!!!!
    i hope he has taken a small loss... and put his money in better location/project ...

    agree that he must have his reasons...

    but i am always happy when people recognise their 'shorts' and quickly exit .. before his hole gets bigger ...

    not saying Soleil is bad .. but saying he recognises where his 'not so good decision' and go into another that he think is better

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    Quote Originally Posted by proud owner
    i hope he has taken a small loss... and put his money in better location/project ...

    agree that he must have his reasons...

    but i am always happy when people recognise their 'shorts' and quickly exit .. before his hole gets bigger ...

    not saying Soleil is bad .. but saying he recognises where his 'not so good decision' and go into another that he think is better
    Precisely. This is what an investor will do. Cut loss, let go his burden and reinvest in something better.

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    But Soleil many units facing the TTS Hospital entrance directly just across the road doesn't seem too good from the point of fengshui. There are many more better choices nearby.

    Quote Originally Posted by proud owner
    i hope he has taken a small loss... and put his money in better location/project ...

    agree that he must have his reasons...

    but i am always happy when people recognise their 'shorts' and quickly exit .. before his hole gets bigger ...

    not saying Soleil is bad .. but saying he recognises where his 'not so good decision' and go into another that he think is better

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    In any case, its nice to see that deals are being done again at prices of 1400 ++ as per the last caveats, and even 1600++ for high floors. Project was pretty much of a dud for a while. Bought myself a lower floor unit in October at 1265. Feng Shui does not matter for expats etc, and I do think the location is perfect for ppl who dont want to drive......walk to MRT much shorter than from Viva for example

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    Congrats! Fengshui aside, the place is actually very convenient and good both for own stay or rent out. Very good yield too.

    Quote Originally Posted by hk2313
    In any case, its nice to see that deals are being done again at prices of 1400 ++ as per the last caveats, and even 1600++ for high floors. Project was pretty much of a dud for a while. Bought myself a lower floor unit in October at 1265. Feng Shui does not matter for expats etc, and I do think the location is perfect for ppl who dont want to drive......walk to MRT much shorter than from Viva for example

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    Quote Originally Posted by teddybear
    Congrats! Fengshui aside, the place is actually very convenient and good both for own stay or rent out. Very good yield too.
    i am always puzzled when people talk about yield for un-built or uncompleted projects... surely u are just making a projection right?

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    Sure, projection based on what the rentals are in $ psf pm in nearby condos and the purchase price of $1200+ psf (which is very low by the way compared to most other projects nearby). Rents nearby can command $4.50-$5 psf pm.

    Quote Originally Posted by august
    i am always puzzled when people talk about yield for un-built or uncompleted projects... surely u are just making a projection right?

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    Quote Originally Posted by teddybear, 17 March 2010 1.14 pm
    But Soleil many units facing the TTS Hospital entrance directly just across the road doesn't seem too good from the point of fengshui. There are many more better choices nearby.
    Good (birth) or bad (death) fengshui is only applicable if the unit is at the same level as TTSH, a hospital, or even other building such as church, temple, mosque, etc..

    As per an advice from a FSM almost 10 years ago. If a property is higher a surrounding building or object, that surrounding building or object has no impact on the property.

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