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Booming property market benefiting other sectors

The buoyant property market in Singapore has benefited not only the developers but also for related sectors such as renovation and interior designers companies. In a report by TodayOnline, interior design firm SuMisura is one such firm that has seen higher sales on the back of a property boom. The company performs design work for show flats and said such projects has boosted the firm's sales by 15 per...

URA launches tender for residential site at Farrer Drive

The Urban Redevelopment Authority (URA) has launched the residential site at Farrer Drive for sale by public tender today. The land parcel was made available for sale through the Reserve List system on 16 April 2012. On 11 May 2012, URA announced that it had received an application from a developer to put up the land parcel for tender. The developer has committed to bid at a price of not less than...

Residential site at Hillview Ave up for sale by tender

A freehold residential site at 63 Hillview Avenue currently occupied by Lam Soon Industrial Building has been put up for sale by tender. Lam Soon Industrial Building is a 10-storey light industrial development consisting a total of 154 warehouses and light industrial factories. The site located off Upper Bukit Timah Road, has a total size of 230,915 square feet. It is zoned for "Residential" use with a...

Three landed properties up for tender at Amber Rd

Three plots of adjoining freehold land approximately 28,400 square feet (sq ft) at Amber Road in the East Coast area have been put up for sale by tender. Marketing agent Credo Real Estate said the three landed properties are owned by separate owners. They have consented to sell collectively in a joint tender exercise. The sellers are expecting offers in the region of S$73 million to S$80 million. This...

SC Global’s Martin No. 38 conferred two awards at the SIA Architecture Design Awards

Martin No.38 - a warehouse themed development by SC Global Developments - was awarded both the prestigious ‘Building of the Year Award’ and the top Design Award within the residential category (apartments and condominiums) at the Singapore Institute of Architects (SIA) Architectural Design Awards 2012. The SIA ‘Building of the Year’ award is the highest accolade conferred by the Institute, awarded...

Mount Elizabeth Novena hospital to open in July

The new S$2 billion Mount Elizabeth Novena hospital complex in Singapore is on course for its July opening. Over 100 of these specialists who have purchased the suites will be practising there from the opening day, with the remaining 70 moving in by end-2012. The hospital complex recently received its temporary occupation permit from the Building & Construction Authority ahead of schedule. It will be...

Award of tender for residential site at Tampines Avenue 10

The Urban Redevelopment Authority (URA) has awarded the tender for the residential site at Tampines Avenue 10 to F.E. Lakeside Pte. Ltd., FCL Topaz Pte. Ltd. and Sekisui House, Ltd. The consortium submitted the highest bid in the tender for the site. The bid is of S$252.78 million, which works out to around S$417.86 psf ppr. This may work out to a break-even cost of between S$750 psf and S$800...

Terrace housing development gets BCA Green Mark Platinum award

Haus @ Serangoon Garden is the first landed residential estate in Singapore to achieve the BCA Green Mark Platinum award for incorporating green designs and technologies into every house. The BCA Green Mark scheme was introduced in 2005, currently over 1,000 buildings in Singapore have met the Green Mark standards. Haus @ Serangoon Garden comprises 96 landed terrace houses located at Serangoon Garden...

HDB launches Community Week from 21 to 27 May 2012

“Celebrating L.I.F.E in the Heartlands” comes “to life” from 21 to 27 May as HDB heartlanders can look forward to fun-filled events that facilitate the building of communities, cultivate the emotional connection amongst residents and inculcate a sense of responsibility to play an active part for their living environment. In his blog entry on 18 May 2012, Minister for National Development Mr Khaw...

GLP to development of large-scale logistics facility in Greater Tokyo

Global Logistic Properties Limited (GLP), has announced that it will start construction on a logistics facility, GLP Atsugi, in November 2012. To be completed in December 2013, the 109,500 square metre facility is located in Aikawa, or the area known as "Atsugi" in the Kanagawa prefecture in the Greater Tokyo region. The total development cost is estimated to be USD$169 million2 (JPY 13.5 billion). GLP...

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