Punggol Sails and Punggol Ripples will have a total of 1,078 new flats THE Housing & Development Board (HDB) yesterday launched new build-to- order (BTO) projects at Punggol with a total of 1,078 flats. And four more BTO projects - with 2,700 flats in all - can be expected next month in Bukit Panjang, Sembawang and Dawson. Including the two latest Punggol projects - Punggol Sails and Punggol Ripples...
2009
PROPERTY firm HSR announced yesterday that it will list on the Singapore Exchange via a reverse takeover of electroplating company Wepco. As part of the move, Wepco will apply to be transferred from the Catalist board, where it is now listed, to the SGX mainboard. The move involves Wepco acquiring the real estate giant and issuing 80 million shares at 50 cents a piece, a total of $40 million, to HSR...
Adria is inspired by the charm and ambience of the Adriatic coast in Italy. Adria is situated at Derbyshire Road, a short walk from Novena MRT Station in prime district 11. Located near Novena Square and a short drive away from the shopping paradise of Orchard Road, residents will enjoy a host of amenities in the vicinity. Adria is also within walking distance to Saint Joseph’s Institution...
Sales of uncompleted private homes continued to fall in October, making it the third month of decline in a row. Just 811 units were sold last month, a 29 per cent slide compared to September. This is also the first time since January that private home sales have dipped below 1,000 units. However, October saw a pickup in the number of high-end units being sold. While mass market homes have been dominating...
HDB has launched two new Build-To-Order (BTO) projects in Punggol Town, with another four BTO projects planned by late 2009 in Bukit Panjang, Sembawang and Dawson. The latest pair of BTO projects named Punggol Sails and Punggol Ripples offer a total of 1,078 standard flats. The units will be located along Punggol Field and will be served by the Punggol MRT, LRT stations, bus interchange, and the future...
Catalist-listed electro-plating and industrial engineering services firm Wepco said on Monday that it is acquiring real estate firm HSR in a reverse takeover. It is buying the entire issued share capital of HSR for a consideration of S$40 million. The purchase will be satisfied by the issue of new ordinary shares. Wepco will issue some 80 million consideration shares at a price of 50 cents per share. At...
While the local property market plunged in late 2008 along with the global economy, home values have since bounced back to its normal level. Since the second quarter of this year, a larger number of interested home buyers have lined up outside the showrooms of new condominium launches. Property developers have responded quickly by pushing their launches to attract potential home buyers despite the...
Fourteen HDB blocks in Jurong East will undergo lift upgrading. This was announced by Senior Minister of State for National Development, Grace Fu, at a community event on Sunday. Ms Fu said blocks 103 to 116, which were built in the early 80s, will get their lifts upgraded. She said: "For Jurong East Yuhua, this will be our second last precinct; we have one more precinct to go, we hope we are able to...
Well-loved foodie haunt Serangoon Gardens is getting hotter, with new food and beverage outlets opening in the area. No fewer than six eateries, including branches of Nara Japanese Restaurant at Goldhill Centre and Yum Cha Restaurant in Trengganu Street, would have opened in the area by the end of the year. And come next November, when the former shopping centre Serangoon Gardens Village reopens as...
Second Chance Properties says the group’s net profit declined 13.7% to $4.6 million for the three months ending Sept 30, 2009 (1QFY2010) from $5.4 million in 1QFY2009. This was because revenue decreased 7.7% to $17.7 million in 1QFY10 from $19.2 million in 1QFY09 due to weakened economy. Cost of sales and other operating expenses also reduced by $0.7 million. Revenue from its Malaysian operations...