Quote of the Week

“Man had always assumed that he was more intelligent than dolphins because he had achieved so much…the wheel, New York, wars and so on…while all the dolphins had ever done was muck about in the water having a good time…

the dolphins had always believed that they were far more intelligent than man… for precisely the same reason.”

~ Douglas Adams

Pale Blue Dot

Consider again that dot. That’s here. That’s home. That’s us. On it everyone you love, everyone you know, everyone you ever heard of, every human being who ever was, lived out their lives. The aggregate of our joy and suffering, thousands of confident religions, ideologies, and economic doctrines, every hunter and forager, every hero and coward, every creator and destroyer of civilization, every king and peasant, every young couple in love, every mother and father, hopeful child, inventor and explorer, every teacher of morals, every corrupt politician, every “superstar”, every “supreme leader”, every saint and sinner in the history of our species lived there – on a mote of dust suspended in a sunbeam.

~ Carl Sagan (1934 – 1996), Pale Blue Dot: A Vision of the Human Future in Space (1994)

Anaemic sales show up in bottom line

Anaemic sales show up in bottom line
Developers of upmarket homes feeling the pinch as curbs bite
By Gan Yu Jia

UNITS UNSOLD – THE MARQ: Fewer than half the units at The Marq on Paterson Hill, completed last year, have been sold. Developer SC Global has warned of a first-quarter loss of $10 million.

8 NAPIER: The project has 18 unsold units out of 46. HSR Property Group’s Mr Donald Han said there were only 17 or 18 high-end property transactions in January.

TWO recent corporate announcements by luxury developers SC Global Developments and Ho Bee Investment have highlighted how the high-end residential market has almost ground to a halt.
Continue reading Anaemic sales show up in bottom line