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Wednesday, May 25, 2016
How Did Macau Casino Tycoon Buys Singapore Bungalow Become Attention? Find Out.
Macau casino tycoon buys Singapore bungalow for RM600mil
Ready for development: An aerial view of the freehold property at No.9, Cuscaden Road in the Orchard Road area.
SINGAPORE: Shun Tak Holdings, a company founded by gambling billionaire Stanley Ho, has made its first foray into the Singapore property market.
It is paying a total of US$145mil (RM600mil) for the property at No. 9, Cuscaden Road, a bungalow put up for sale by the descendants of famous philanthropist Tan Tock Seng.
The sum, one of the highest ever paid for a landed house, works out to about US$2,145 (RM8,825) per square foot per plot ratio for a hotel redevelopment, including development charges.
The 25,741sq ft freehold site is zoned for hotel use with allowable gross plot ratio of 4.2 but could alternatively be used for residential development as well, subject to approval.
Shun Tak said it is at a preliminary stage of planning and will announce further details later.
However, given the company’s expertise in hospitality, a hotel would be a perfect fit for the company, experts said.
Shun Tak is firmly rooted in Macau’s tourism business, with operations including hotels, entertainment attractions, travel consultancies, conventions and exhibitions and transportation.
Pansy Ho, managing director of Shun Tak and Stanley’s daughter, said the firm would capitalise on its strength in hospitality and real estate development and “apply our experience in serving the demands arising from the burgeoning China and Asian markets”.
Ho is also co-chairman and executive director of MGM China Holdings and is said to be Hong Kong’s richest woman.
The Cuscaden Road site was put on sale last month with an asking price of US$160-170mil (RM660-700mil). It was the family home of late businessman Tan Hoon Siang, who headed several rubber companies in Malaysia and was a great-grandson of Tan Tock Seng.
The land parcel was bought by the family in the 1950s.
The house on the site is named Villa Marie, presumably in tribute to Tan’s second wife Marie Windsor who died in 2007. — The Straits Times / Asia News Network
Source | The Star
Note: This piece of property is in CBD area and next to Tanglin Shopping Centre, St Regis Singapore.
Boldly go. LLAP
Saturday, May 7, 2016
HTTPS | Insider's Guide On Benefits When You Are In Secured Site
If you going to read one article about secured website, read this one.
You are in secured website. At VULCAN INTERNATIONAL Real Estate Investors Club, we value your security as you're our valued reader and customer. The level of security is similar to the banking transactions encryption that you used to.
- It helps check that your visitors open the correct website and aren’t being redirected to a malicious site.
- It helps detect if an attacker tries to change any data sent from Blogger to the visitor.
- It adds security measures that make it harder for other people to listen to your visitors’ conversations, track their activities, or steal their information.
When you enable HTTPS, visitors can access the encrypted version of your blog by typing https://<your-blog>.blogspot.com
.
What is HTTPS and how does it work?
HTTPS (Hypertext Transfer Protocol Secure) is an internet communication protocol that protects the integrity and confidentiality of your users' data between the user's computer and the site. For example, when a user enters data into a form on your site in order to subscribe to updates or purchase a product, HTTPS protects that user's personal information between the user and the site. Users expect a secure online experience when providing data via a website. We encourage you to adopt HTTPS in order to protect your users' connection to your website.
Data sent using HTTPS is secured via Transport Layer Security protocol (TLS), which provides three key layers of protection:
- Encryption—encrypting the exchanged data to keep it secure from eavesdroppers. That means that while the user is browsing a website, nobody can "listen" to their conversations, track their activities across multiple pages, or steal their information.
- Data integrity—data cannot be modified or corrupted during transfer, intentionally or otherwise, without being detected.
- Authentication—proves that your users communicate with the intended website. It protects against man-in-the-middle attacks and builds user trust, which translates into other business benefits.
Boldly go. LLAP