Construction and property developer KSH Holdings has secured a S$126.8 million contract to build a condominium development at Singapore's Sentosa Cove. The contract is the first of its kind to be awarded by Lippo Marina Collection for the construction of a luxury housing development at the site. This will be the group's fifth high-end luxury residential property project at Sentosa cove. The deal will bring...
General
Prime Minister Lee Hsien Loong has responded positively to a suggestion by Johor's Chief Minister Abdul Ghani Othman to link up the urban rails of Singapore and Johor Bahru. The issue was discussed when visiting Malaysian Foreign Minister Rais Yatim called on Mr Lee at the Istana on Thursday morning, said Foreign Minister George Yeo at a joint news conference with his Malaysian counterpart later in the...
The Housing and Development Board's (HDB) April sale of four-room and bigger flats closed on Wednesday, with 5,700 applications for the 490 flats offered. These flats are located in various towns such as Bukit Batok, Bukit Panjang, Choa Chu Kang, Jurong East, Jurong West, Sembawang, Woodlands and Yishun. HDB said the take-up rates for its Bi-monthly Sales Exercise are high because the flats offered are...
A YEAR before Singapore's first Integrated Resort (IR) at Marina Bay is due to open, potential competition is already brewing to the immediate north and south. In Malaysia, the government yesterday confirmed it is in talks with not just Walt Disney, but also other theme park operators. The discussions are "preliminary", said spokesman for Malaysia's sovereign wealth fund, Khazanah Nasional, Mr Mohd Asuki...
At first, only 25 of the 31 owners signed on the dotted line. But when developer Allgreen later managed to get the remaining Regent Garden owners on board, it meant the en bloc sale of the condominium had unanimous consent. That meant the Strata Titles Board should not have heard the objections of the initial group of majority owners and its dismissal in January of the $34-million collective sale was...
COULD Singapore spark the green revolution in China, a country recently named in a University of California report as the world's "biggest polluter"? This possibility is being raised as the Sino-Singapore Tianjin Eco-City — the first collaboration of its kind between Singapore and Beijing since the Suzhou Industrial Park (SIP) in 1994 — takes off. Using the lessons from the Housing and Development...
The mega eco-city project in Tianjin, which is jointly planned by China and Singapore, will be completed in 10 to 15 years. But a glimpse of the whole city can be seen in as early as three years when a start-up area is completed, according to National Development Minister Mah Bow Tan, who is leading the Singapore team in the project. This urban development will not take place at the expense of the...
Business space solutions provider Ascendas is investing in North India with a proposed integrated development project in Gurgaon. It has set up a joint venture with Dr Fresh Healthcare to develop a 62-acre integrated business and residential project. The two parties are committing a total of S$560 million in investments for the joint venture. Ascendas will own a 51 percent stake, while the rest will be...
Zenith, a distinctive modern architecture with 85 units in a 13-storey city building. Experience an exclusive lifestyle while you are a stone throw away from the vibrant city. Located opposite Great World City, brings you all the convenience of your daily needs. Leisure and business are also easily accessible with minutes away from Ochard Road and the Central Business District. Location : Zion Rd...
Parkway Life REIT has bought a pharmaceutical product distributing facility in Japan's Chiba prefecture for S$35 million. The trust says the investment is yield-accretive, with a net initial yield of 5.3 per cent. The facility, called J-REP Matsudo II, will also be used for manufacturing pharmaceutical products. The investment is Parkway Life REIT's first overseas venture and comes just seven months...