JTC Corporation has invited local and foreign firms to submit proposals on industrial infrastructure development. JTC said on Wednesday that it has launched a "Request For Proposal" (RFP), seeking cutting-edge ideas on intensifying land use and accelerating construction time. A S$5m innovation fund has been set aside to support and develop ideas that will create new industrial infrastructure solutions to...
General
The Urban Redevelopment Authority has launched two residential sites for sale by public tender under the Government Land Sales programme. The sites at Jalan Loyang Besar/Pasir Ris Drive 4 and Sembawang Road/Jalan Sendudok can potentially yield a total of 970 housing units combined. The 2.7-hectare land parcel at Jalan Loyang Besar/Pasir Ris Drive 4 has a maximum permissible gross land area of over 56,600...
Leong Bee Court, a freehold residential development located at Woodsville Close, off Upper Serangoon Road, has been put up for collective sale. The indicative asking price of S$60 million to S$68 million works out to S$668 to S$758 per square foot per plot ratio. No development charge is expected. The site has a land area of about 29,400 square feet. Under the URA Master Plan 2008, it is zoned for...
The Housing and Development Board (HDB) is launching the tender for a residential site at Buangkok Drive/Sengkang East Drive on Wednesday. The site, which is slated for condominium development, can potentially yield 550 dwelling units. It is being released for tender under the Confirmed List of the 1st Half 2011 Government Land Sales Programme. Located to the east of Sengkang New Town, residents there...
Figures released yesterday appear to show that the Government's property cooling measures, the last round announced in January, have started to take effect. The NUS Private Residential Price Index, which tracks month-on-month price movements of private, non-landed residential properties, fell 0.4 per cent compared with January, with prices in non-central areas falling 1.5 per cent. Prices of central area...
Some of Singapore's outstanding architectural works are getting noticed in Europe. They are now featured in an exhibition at the prestigious architectural and urban design Aedes Gallery in Berlin, Germany. The gallery is the first private architecture gallery in Europe and is renowned for recognising and promoting leading architecture around the world. The Urban Redevelopment Authority (URA) said the...
Private home prices in Singapore fell slightly in February, according to the NUS Singapore Residential Price Index. The overall index fell 0.4% from January. The index covers completed non-landed properties in the central and non-central regions. The index for properties in the central area rose 1% in February, but that for non-central properties showed a decline of 1.5% from the previous month. The...
Shopping mall developer and operator CapitaMalls Asia says it has submitted an application for a secondary listing on the mainboard of the Hong Kong Stock Exchange. CapitaMalls says the secondary listing will complement its China expansion strategy and enable the company to achieve its longer-term strategic objectives. China currently accounts for 37 percent of CapitaMalls Asia's total property portfolio...
After last year's robust performance, Singapore property investment sales continued to remain active in the first quarter of this year. According to property consultant CBRE, this quarter's total investment sales have amounted to S$7.23 billion so far - 66.6 per cent higher than the S$4.34 billion registered in the first quarter last year. The private investment sales market has accounted for S$4.36...
Parkview Éclat, the 35-unit boutique condominium development along Grange Road, saw two units change hands in the resale market last month as owners cash out after the project was completed last year. The property is developed by Hong Kong headquartered property developer Chyau Fwu Group, renowned for its Parkview Square art deco office tower along North Bridge Road. Parkview Éclat also bears the...