Over 90% sold, most unoccupied

[chialc88]

Over 90% sold, most unoccupied - ST Nur Asyiqin Mohamad Salleh, Sujin Thomas, Priscilla Goy and Yeo Sam Jo

14/1/2014 about 10pm Marina Bay Suites
SCDF was alerted to a fire at Marina Bay condo.

2pm SCDF put out the fire at 65th floor confined to service lift lobby.
They found 2 guards inside a stationary service lift which has its door open.
It's believed that the pair had taken the service lift up to the floor where the fire alarm went off, and were overwhelmed by the fire when the door open.

It's part of SOP for the guards to response to fire alarm...to assess whether it's a false alarm.

Love Compassion


A Life not Reflected is a Life not Worth Living.

[cfa]

Should be mainly owned by affordable foreigners .

[Freenasi]

Yea i was reading the news and strange they mention 200 units not occupied. Are waiting for the price to double and sell? Truely a investment grade properties. It will be nice to have info on the background of these buyers. Lawyers, docs, Indonesian tycoons, chinese politicians, politicians??

[cfa]

To the affordable rich, they don't just own one or more units in Singapore and leave it empty, they have houses in many countries.

[mulyc]

buy only for rental yield...but not enough expats who can afford it anymore.

[Freenasi]

I think the advantage of Singapore is the pro-business policies. Thus many riches like to park their assets here. This is good for tax revenue, but i wonder if such investment helps boost productivity and "real useful" GDP growth. Or maybe such money simply help the create bubble. But surely now the momentum of such money is slowing and the gov's curb is working

To the affordable rich, they don't just own one or more units in Singapore and leave it empty, they have houses in many countries.

[kichialo]

Two of the illustrious owners. One of which is a member of parliament.

http://www.stproperty.sg/articles-proper...its/a/5178

[pianist]

Lim Yan Liang
The Straits Times, MyPaper

Wednesday, Jan 15, 2014


Marina May Suites fire: Bodies of victims to undergo DNA testing to confirm identity

UPDATE: The Straits Times understands that the charred bodies of security guards Mr Sim Lai Huat, 58, and Ms Sooria Kala Kanaseon, 34, will be undergoing DNA testing to confirm their identity. Such tests typically take a few days, although in some cases they may take more than week.

Marina Bay Suites fire: Families of victims visit mortuary to identify bodies

Mr Sim Lai Huat's wife, son and two daughters arrived at about 8am, accompanied by Mr Sim's elder brother. They were too distraught to speak to the media.


Get the full story from The Straits Times.

Lift ride to 65th floor, then death by fire

SINGAPORE - It was to be just another ordinary night shift at the Marina Bay Suites for security guards Sim Lai Huat, 58, and Sooria Kala Kanaseon, 34, on Monday.

But the fire alarm sounded suddenly, shortly after 10pm. By the end of the night, the two of them were dead, killed by a fire that broke out on one of the top floors of the swanky condominium.

The fire started in the service-lift lobby on the 65th floor, where renovation materials such as paint were stored. Most of the 221 units in the condominium were unoccupied.

When firemen broke into the lobby, they found it engulfed in flames, The Straits Times reported yesterday. They found the bodies around 2am, inside the service-lift opening.

According to Shin Min Daily News, the two victims are believed to have taken the lift to the 65th floor to investigate. When the doors opened, the raging fire swept into the lift.

More than 100 residents fled the condominium. Most returned to their units only at around 2am yesterday.

The condominium's management arranged for at least four families with small children to stay in nearby hotels that night, reported Lianhe Wanbao.

Mr Sim's wife and young daughter showed up at the condominium around 3am yesterday. Mrs Sim was seen sobbing and breaking down repeatedly. She declined to be interviewed.

Police escorted the two into the building at around 6am.

[pianist]

The new 66-storey luxury condominium just obtained its occupation permit in July last year. Currently, only 20 units are occupied.