Great Accomplishments Come From Hard Work.
If You Work Hard, You Will Never Go Hungry And You Will Discover That All The Hard Work Was Worth It Afterall.
Work Hard And Don’t Wish That Your Life Were Any Other Way Round.
Get Accustomed To Doing What Others Won’t Do Or What Others Said Can’t Be Done.
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No road is too long to the man who advances deliberately and without undue haste; and no honors are too distant for the man who prepares himself for them with patience.
Bruyere
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For the first time since 2003, prime office rents in Raffles Place fell.
In the final quarter (Q4) of 2008, prime office rents at Raffles Place dropped a whopping 15.8% on a quarterly basis. The average prime office rent now stands at $16 psf per month.
Office rents in the Marina Centre micro market also fell by a big percentage of 12.9% on a quarterly basis to $13.50 psf pm.
Likewise, office vacancies edged up further in Q4 2008 as demand slowed in tandem with the global economic downturn.
In Raffles Place, the average office occupancy fell 1.3% compared with Q3 2008 to 95.6% in Q4 2008. Island-wide, office occupancies slid 0.8% to 95.6%. Only Tampines Finance Park bucked the trend with 96.8% occupancy.
Major developers have reacted to the situation by delaying the development of new office buildings, for example, City Developments (CDL) has delayed the South Beach project. Plans to extend office buildings by other developers were also shelved, for example, Tampines Mall and Funan DigitaLife Mall and the redevelopment of Marina House. As such, potential office supply from 2009 to 2013 would be at 11.3 million sq ft, instead of the earlier estimate of 12.1 million sq ft.
Occupancy rates and rents are expected to decline further in 2009.
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Many of our life’s circumstances are created by 5 basic choices that we made:
1)the disciplines and values you choose to keep,
2)the people you choose to be with,
3)the laws you choose to obey,
4)the religion you choose to follow
5)the things you choose to read
There are two ways to live your life ; One is as though nothing is a miracle and the other is as though everything is a miracle. You only live your life once, but if you work it right, once is enough….
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Dear Diary,
I had a minor medical problem so my doctor referred me to a female
urologist. I saw her yesterday. She is absolutely gorgeous and
unbelievably sexy.
The first thing she told me is that I have to stop masturbating.
When I asked her why she said, ”Because I’m trying to examine you!”
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‘Contentment is not the fulfillment of what you want, it is the realization of how much you already have.’ When the door of happiness closes, another opens, but often times we look so long at the closed door that we don’t see the one which has been opened for us. It’s true that we don’t know what we’ve got until we lose it, but it’s also true that we don’t know what we’ve been missing until it arrives.
The happiest of people don’t necessarily have the best of everything; they just make the most of everything that comes along their way. The brightest future will always be based on a forgotten past,you can’t go on well in life until you let go of your past failures and heartaches.
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Prime Orchard Road shop rents have fallen 1.9% quarter-on-quarter to an average of $36.10 per sq ft per month (psf pm) in the final quarter of 2008 (Q4). This is the first time in five years these rents have fallen.
Measured year-on-year, prime retail rents in the Orchard Road area fell by 0.8%, reversing their 5.4 % growth in the same quarter in 2007.
Outside of Orchard Road, prime suburban rents also dropped, though by a moderate 1% quarter-on-quarter to an average of $29 psf pm in Q4 2008. This is the first time in nine years since these rents fall.
In the next few years, there will be ample supply of about six over million square feet of retail space with the completion of new malls, shops within the integrated resorts, and refurbished shopping centres. As such, prime Orchard Road rents could contract another five to 10% in the first half of 2009; while prime suburban malls another two to three per cent.
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Too often, we focus on the negative aspects of any given situation. We imagine that people are always out to hurt or humiliate us; very often, these are our own family members. Every little word or action ill-perceived is twisted into a personal attack. We see our road to our goals as paved with barriers and can’t understand why. The world seems full of enemies when really, the only enemy is our attitude.
If we can learn to look at every difficult situation as a present - to see the possibilities it holds as a gift, a great weight is immediately lifted. Every setback is now an opportunity. Imagine the immense empowerment of that kind of attitude! So, start thinking out of the “BOX” and see the positives in our daily life.
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A beautiful, young lady about 21 went to a doctor and asked for a check-
up. The doctor claimed that he had to use a thermometer for the check-
up. So the doctor asked her, “Where shall I put the thermometer?”
The girl replied, “…uh …not in my mouth, Doc. I might swallow it.”
“Okay…let’s try your armpit.” the doctor suggested.
“Well, it might tickle me, Doc. How about my butt?” the girl queried.
“Okay then,” so he put the thing in the girl’s butt.
Later, the girl while giggling exclaimed, “that’s not my butt, Doc!”
The doctor replied, “That’s okay dear… it’s not really a
thermometer, either.”
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BEIJING: An 18-year-old man died Monday of bird flu in southwestern China, the government said, bringing to five the number killed since the start of the year and adding to fears of a possible mass outbreak.
The man, surnamed Liang, died in the city of Yulin in the Guangxi region after falling ill on January 19, the Health Ministry said in a news release posted on its website.
Tests by the Chinese Centre for Disease Control and Prevention confirmed he had contracted the deadly H5N1 strain of the virus, it added.
The five deaths compare with just three in the whole of 2008.
The spate of fatalities has fuelled fears of an outbreak during this week’s Lunar New Year holiday. Huge numbers of China’s 1.3 billion people have gathered in their home towns and will consume poultry in vast quantities in holiday feasts.
The Health Ministry sought to quell the fears last week, saying in a statement faxed to AFP that there was no evidence that the risk of a general outbreak had increased.
The statement noted that the deaths were widely scattered across the country.
“There is no epidemiological connection between them - they are sporadic cases,” the ministry said in a statement.
Cold weather encourages the spread of the virus and large swathes of China have been hit by sub-zero temperatures in recent days. All three of last year’s deaths also occurred in the first two months of the year.
A 31-year-old woman succumbed to the disease last Friday in northwest China’s Xinjiang region, and a 16-year-old boy died earlier in the week in the central province of Hunan, although he initially fell ill in Guizhou.
On January 17, a 27-year-old woman died in the eastern province of Shandong.
The first fatality of 2009 occurred on January 5 when a 19-year-old woman died in Beijing.
However, at least two other cases have been reported, including a two-year-old girl in northern Shanxi province. Xinhua reported last week the girl was out of danger.
The agency reported on Monday that another man who had contracted the disease in Guizhou was now in a “stable” condition.
The latest death brings to 25 the number of people killed in the world’s most populous country since the disease re-emerged in 2003, according to World Health Organisation figures.
China is considered one of the nations most at risk of bird flu epidemics because it has the world’s biggest poultry population and many chickens in rural areas are kept close to humans.
Health experts fear that the virus could mutate into a form that spreads more easily among humans, leading to a global pandemic.
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