February 2008

Singapore, China hold first meeting on Sino-S’pore Eco-City project

Singapore and China officials have held their first joint working meeting on the mega Sino-Singapore Eco-City project. Besides preservation and restoration of natural ecology, green consumption and low carbon emissions, it is social cohesion that tops the list of features in the eco-city, said Singapore's Minister for National Development Mah Bow Tan. Grand plans are in store for the Sino-Singapore Tianjin...

Strong economy lifts demand for JTC’s industrial space to new peaks

Demand for JTC's industrial space jumped to a record 880,000 square metres in 2007, thanks to a strong economy. Singapore's largest industrial landlord said take-up for its ready-built facilities reached nearly 215,000 square metres. This was about 20 per cent higher than the record set in 2005. A new high was also set for prepared industrial land with take-up at over 340 hectares. Occupancy for...

Prudential to save S$1.2m a year in rent with transitional site

Life insurance firm Prudential is expected to save S$1.2 million a year in rent for the next 15 years when it moves into a transitional office site at Scotts Road. The site, which is slated to be ready in September, will house 2,500 staff. The target to construct the S$35 million, four-storey building by September is a challenging one given the resource crunch in the construction sector. Developer...

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