Customers will soon be able to buy, sell and rent residential and commercial properties at the post office.SingPost has signed an agreement with ERA Realty Network to provide a one-stop service to customers looking to sell, buy or rent public and private homes and commercial properties. It will initially be offered at three of its post offices in Ang Mo Kio, Marine Parade and Toa Payoh from October...
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CapitaLand has acquired Silver Tower on Orchard Road in a collective sale for S$161m. It plans to build a luxurious 20-storey condominium with 100 apartments on the freehold site.CapitaLand's purchase works out to S$1,107 per square foot per plot ratio.This includes an estimated development charge of S$16.5m. Silver Tower sits on a 57,200 square feet area with a gross plot ratio of 2.8. There are...
Ardmore II, two distinctive towers in perfect union on prime freehold land, creating a desirable development in Ardmore Park - located in Singapore’s prestigious residential district. This freehold development is a stone's throw away from the bustling Orchard Rd, bringing convenience to a much higher league altogether. Serenity is rediscovered amidst the greenery portrait in the Orange Grove area. Right...
Vida is an exclusive, high-end development with a prestigious address at Peck Hay and Cairnhill Rise, near the shopping paradise of Orchard Road. A freehold development, Vida commands a sleek modernistic design with a water court at its entrance. Targeted at the young high net-worth individuals and couples, Vida will have beautifully designed homes with a trendy, cosmopolitan influence. Each home will...
The common methods used are: Share value: the apportionment for each unit is proportionate to a unit's share value in relation to the total share value for the whole apartment Average of the strata floor area and share value: the apportionment is according to the unit's strata floor area in relation to the total strata floor area. The figures derived from the share value method and floor area method are...
The development charge for non-landed residential sites for the next six months to February 2007 has been raised by a hefty 9%.This follows the half-yearly review of the rates by the Ministry of National Development.The development charge is paid by a developer to enhance a site's use or to develop a bigger project on it. The 9% jump in development charge for condo projects and apartments is the biggest...
Residents of some 2,300 private condominium estates can now be assured of better service from their managing agents. There is now a new national standard that aims to raise the level of professionalism of these agents. While only 15% of the population live in private housing estates, the number of condominiums and private apartments has been on the rise. And so there is a growing need for managing...
City Developments Limited is converting a former commercial building in the Central Business District, One Shenton Way, to a condominium and is expected to release units for sale this year. Carlos Ott, renowned for his designs of Opera de la Bastille in Paris, the Hangzhou Grand Theatre and the National Bank of Dubai, has been engaged as the architect for the project. The 99-year leasehold project is...
Indonesia’s Lippo group’s maiden foray into residential property development here at a site in Newton - and the conglomerate has made it clear that Newton One will not be its last in Singapore. 'This is our first property. It will set the standard for Lippo developments,' said Lippo Realty executive director Thio Gim Hock. All units, which range from 1,216 to 2,411 sq ft, come with their own private...
There are those who think little of details. And those who know that they are the very essence of life. For the latter, The Tate Residences awaits. More than a mere residence, The Tate Residences is a vivid celebration of the finer things in life. A veritable study in the impeccable juxtaposition between form and function, every conceivable detail has been addressed, and re-addressed, leaving you the...