National Development Minister Mah Bow Tan has said an additional 51 buildings and two structures at Jalan Besar, which include the 50-year-old Lee Clan Association, will be conserved. He announced this on Monday at this year's Architectural Heritage Awards where he congratulated the eight winners whose projects comprised restored conserved buildings and one monument. But before the awards ceremony began,...
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A home at Sage places you in the heart of one of the most prestigious precincts in town. While the myriad enticements and conveniences of the city may only be a short drive away, you'll just feel as if you're in your own personal oasis, one surrounded by verdant expanses of greenery, and graced with an atmosphere that calms and soothes in an extraordinary fashion. Location: Nassim Road (District 10)...
The Housing and Development Board (HDB) was presented with the United-Nations Habitat Scroll of Honour Award in Shanghai on Monday. HDB chairman James Koh Cher Siang and Cheong Koon Hean, CEO of HDB, received the Award. The UN-Habitat conferred HDB the award for "providing one of Asia's and the world's greenest, cleanest and most socially-conscious housing programmes". Mr Koh said the award was an...
The measures announced at the end of August to cool the property market are starting to have an effect, even as prices of both public and private housing hit new highs in the third quarter. Preliminary estimates released on Friday by the Urban Redevelopment Authority (URA) showed private home prices rose by 3.1 per cent in the third quarter to push its index to a high of 190, but the gain was down from a...
Private residential property prices rose from 184.2 points in the second quarter to 190.0 points in the third quarter of 2010. Releasing the flash estimate on Friday morning, the Urban Redevelopment Authority (URA) said this represents an increase of 3.1 per cent, compared with 5.3 per cent in the previous quarter. URA also released on Friday the flash estimates of the price changes in three geographical...
The Housing and Development Board's (HDB) resale price index has been closely watched, with many looking for signs that the property cooling measures introduced are making an impact. Releasing its flash estimates on Friday, HDB said prices of resale flats rose 4 per cent in the third quarter to hit a new high. But the authority said most of the transactions were registered before the measures kicked...
A Malaysian government-linked property firm is hoping to attract more foreigners to buy property in the country. The firm, Malaysian Property Incorporated, has set up its first regional office and showroom in Singapore. It aims to uplift Malaysia's image as an investment destination and has chosen Singapore as a launch pad for its campaign. The company plans to showcase the projects of Malaysian...
The prices of HDB, mass market segments will cool somewhat and stagnate at current levels The housing policy measures introduced on Aug 30 have sidelined many buyers, including owner-occupiers who have out-grown their current apartments and are seeking newer, bigger or better located homes. A typical case: Mr and Mrs Tan have lived in their five-room HDB flat for 12 years. They have worked hard,...
The property market has a history of repeating itself. I guess that is why they call it the property cycle. There is a huge clamour for flats today, and we can't seem to build flats fast enough to satisfy demand. Yet, when I became Minister for National Development in 1999, one of my first challenges was to deal with an overhang of more than 31,000 unsold flats. Almost every year, until 2006, Members of...
Historically home to wealthy settlers and traditionally dominated by the Peranakan and Eurasian communities, Katong is undergoing a dramatic transformation. Newly-developed condos now stand among the traditional shophouses and Peranakan terrace houses creating a unique neighbourhood in a strategic location. Known as one of the residential areas of choice in Singapore, District 15 encompasses Meyer Road,...