Reit : Self-owned property securitised.

Shorten lease and get money back.

Retirement Estate In Time or

Really (can) enjoy in time (your retirement?)

Compulsory annuities?

So long as monthly payout slightly more than enough to sustain "comfortable" life?

Club transfer membership fees rise

'070805

But who knows, could be "sticky" for years,
not forgetting the agent and Good and Services Tax when transferring membership ?

Fees rise :
American Club,
Singapore Island Country Club with new clubhouse,
Sentosa's expected to rise with the development of the Integrated Resorts,

Expiring land lease stagnate fees at :
Fairway, Arena, Superbowl

Attractive, Lower transfer fees :
Warren
Keppel

Need to know if Member's Club or subj to Proprietary "Control"

Creditors inflate service cost, lawyers' fees ...

Can serve summon (stating ... enter appearance within 8 days of service) w/o issuing reminder, judgement on matter could have been entered ... writ of seizure of assets to pay for debts.

Creditor and lawyer no need to negotiate with debtor, if not responded to, on time, to summons.

Legal cost specified under Rules of Court (High, magistrate, district), excludes stamp, filing, transport, postage fees, etc. If amt owed >10 k and cannot be recovered, co can be wound up

Debtor can apply to set aside judgement, dispute sum, stop sale.

No need for solicitor, may seek legal aid but not helpful if action has begun, consult Law Soc

Spore Retail Sales

Jul 07 :

+ 1.5 % compared to

May 06.

Clothing up. Sales increased in Supermkts and Dept Stores