More factors to consider than just higher bid price I REFER to “Time to relook en bloc rules?” (Weekend Today, July 19-20). On the contrary to what the letter-writer said, there are already enough en bloc rules. Without being privy to certain information, it is incorrect to infer that the Horizon Towers deal was done in bad faith and the proprietary owners did not get the highest price and were...
July 2008
MAPLETREE Logistics Trust yesterday announced a higher distributable income of $22.6 million, or 2.04 cents a share, for the quarter ended June 30, due to additional income from the 18 properties acquired in the past year. The distribution per unit is 28.3-per-cent higher than 1.59 cents a year earlier. Mr Chua Tiow Chye, chief executive officer of Mapletree Logistics Trust Management, said: “We...
Prestigious Cluster Terrace Homes Located in Greenwood Avenue (Bt. Timah), an exclusive 54 units cluster project that comes with 2 storey terraces and plus a basement and attic with sizes average from 3000 to 3700 sqft. The Greenwood comes with comprehensive facilities and is close to prestigious schools shopping/amenities in the Bukit Timah area. Contact us at [email protected] with the following...
I REFER to “Landmark ruling” (July 18). The judge has ruled that the fact that a higher offer was received for the en bloc sale of Horizon Towers is not within the purview of the Strata Title Board (STB); neither are any allegations of less-than-stellar conduct among the parties. And that if the STB has to hear such matters, it would never get its job done. So, if I get an offer for my home of say,...
A YOGA plaza, roof-top garden and spacious balconies with planter boxes for alfresco relaxation and dining - not the normal features you’d expect on an :Housing and Development Board (HDB) estate. United Engineers will be launching its first public housing project for sale next Wednesday, offering a variety of condo-style frills. The development in Ang Mo Kio Street 52 is ground-breaking in a variety of...
Nestled away at the southern Cove of Sentosa, Singapore’s new playground for society’s elite, are the 3 latest luxury water front bungalows. Designed to encompass a lifestyle by the sea, award winning architecture firm, aKTa has crafted the Sentosa bungalows with infinity edge swimming pools overlooking the waterway and your private mooring dock. The water from the pools infinity edge cascades down...
With more than 100 retail establishments, Singapore Changi Airport's Terminal 3 is touted as the latest shopping destination for ‘mall-crazy’ Singaporeans. But six months since its opening, retailers said business is suffering. Changi Airport's T3 public area has 31 outlets. Retailers said they are barely making ends, though takings over the weekends may be slightly better. Channel NewsAsia checked...
Location: Tong Watt Road, off Mohd Sultan Road Tenure: 999 years leasehold Year of Completion: 2012 Site Area: 76, 956 sq ft Plot Ratio: 3.8 Description: 4 tower blocks of 10/14/15/23 storey and 13 retrofitted houses Total Units: 186 Unit Types: 2 bedroom ~ 1012 - 1163 sqft, 110 units 3 bedroom ~ 1313 - 1733 sqft, 54 units 4 bedroom ~ 2207 sqft, 4 units Penthouse ~ 2745 - 5339 sqft, 5 units Houses ~...
Judge sets out role of Strata Titles Board and which of its findings can be challenged IT IS a situation that may apply to some en bloc deals: The selling price could have been higher if the sales committee or its agent had tried harder to secure a better deal. In the case of Horizon Towers, a potential buyer was even standing by with a higher price than the one that was eventually chosen. But that...
Pritzker Prize-winning architect to design new $3-billion development WHEN 31-year-old Farrer Court is demolished over the coming months, its replacement will be a “curvaceous” condominium that is set to dominate the skyline of District 10 and clock several firsts. Giving the media a sneak peek yesterday, a CapitaLand-led consortium gave hints of how it planned to transform the site of Singapore’s...