Thursday, September 24, 2009

It’s all in the location for both wine and property


Source : Business Times – 24 Sep 2009

IF there’s one important thing that wine and real estate have in common, it has to be this – location, location, location.

BT’s most recent Wine Night took place on Tuesday at Far East Organization’s residential development, Silversea at Amber Road, in a night that proved both educational and intoxicating, thanks to main partner Far East Organization and wine partner Absolute Wine.

Over the course of the night, Chia Boon Kuah, chief operating officer of Far East Organization, gave guests an enlightening update on Singapore’s residential real estate market while oenologist George Wong – also known by the moniker ‘God of Wine’ within the industry – discussed the way forward for the world of wine.

A selection of four premium French wines were paired with a four-course dinner, beginning with the Thomas Barton Reserve Graves Blanc 2007 from Bordeaux and coming full circle by ending with a dessert wine, Thomas Barton Sauternes 2005, also from Bordeaux.

The second selection, Louis Jadot Volnay 2001, was a wine that could impress a first date without burning a hole in your pocket, Mr Wong quipped.

However, it was the 2004 Chateau Saint Pierre (St Julien) that stood out in his eyes – an ‘under-rated property’ considering that it is ‘rich’, ‘full-bodied’ and ‘value for money’, Mr Wong added.

The night’s lucky draw counted Vito Koh, group general manager of United Industrial Corporation (UIC), Lim Khoon Hong, president (Asia Pacific) of Wincor Nixdorf, as well as Alicia Thian, senior relationship manager with Oversea-Chinese Banking Corporation, among the winners.


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