APPLICATIONS were only supposed to open tomorrow - but the overwhelming response to the Housing and Development Board's (HDB) latest housing project in Simei under the Design, Build and Sell Scheme (DBSS), prompted developer Sim Lian Group to accept bookings on Saturday. On Friday, over a hundred people began queuing for the flats at Parc Lumiere, after Sim Lian said bookings would be accepted on a...
2009
Inspired by the passionate Italian culture, FIORENZA is a place of attraction in its own right. With an avant-garde architecture zestfully coloured in sunny yellow and crimson red, the 28-unit private development stands out, clearly, as an icon of modern living at Florence Road. Vivacious, sensuous and a little mischievous, this is a home that welcomes you to indulge in bold artistic tastes, unrestrained...
The Housing and Development Board (HDB) has received 178 applications since the Lease Buyback Scheme was launched last month. It is a scheme which helps seniors monetise their flats. With the Lease Buyback Scheme, these seniors will now be able to receive a monthly payout of a few hundred dollars and continue living in their flats for 30 years after they sign up. The scheme helps cash-poor, asset-rich...
Applications were only supposed to open on Tuesday, but the overwhelming response to the Housing and Development Board's (HDB) latest housing project in Simei, under the Design, Build and Sell Scheme (DBSS), prompted developer Sim Lian Group to accept bookings on Saturday. Under DBSS, private developers manage the project from its design to construction and sale, and applications are accepted on a...
The first section of the Punggol waterway is set for completion by 2010, bringing waterfront living closer to residents' doorsteps. Construction of the 4.2-kilometre channel started on Saturday, with a groundbreaking ceremony. Over the next few years, the area – known as Punggol 21+ – will see more leisure and recreational facilities. About 21,000 new public and private residences will also be built...
Ascendas Real Estate Investment Trust (A-REIT) has booked a 12.6 per cent increase in distributable income to nearly S$211 million for the financial year ended March 31. It also reported a net property income of S$296.6 million, up 21.8 per cent on-year. And though it said that 2009 will be a difficult year, it expects to maintain a similar level of income for the current financial year. This is because...
The landscape of Singapore will soon look quite different as new developments spring up in the city centre and in the heartlands over the next few years. Future skyline of Marina Bay - URA By 2011 for instance, residents of Jurong will have more opportunities to live by the waterfront. Southern coastal areas like the Labrador Park and Bukit Chermin will also be made more accessible to the public. These...
A home in the heart of the city, with an address next to the thriving Orchard Road, you have every convenience to shop at top designer boutiques, lounge back at chic cafes, and dine at 6-star hotels. At Paterson Suites, a world of excitements is literally just a few steps away. All because you are not part of the city - the city is part of you. Surround yourself with elegance, come home to the rustling...
TWO months of strong home sales may have sparked hopes of resilience in certain parts of the property market here, but the sector is still plagued by problems, said a CIMB-GK Securities report yesterday. A supply overhang - due to default threats from deferred payment scheme buyers - and potential price falls in the high-end market, continue to weigh on property fundamentals, said Mr Donald Chua, who...
CapitaMall Trust (CMTL) reported a distributable income of S$62.6 million for the first quarter of 2009, an eight per cent increase year-on-year. The company said Friday that shareholders can expect a distribution per unit of 1.97 cents for the three months ended March 31, to be distributed on the May 28. CapitaMall added that the numbers were largely due to a retention of S$5.9 million, which includes...