A new guide on best green practices for the construction industry has been launched Tuesday. The manual, called the "Green and Gracious Builder Guide", provides information on innovative green solutions. Such solutions and technologies help to support the industry in the adoption of sustainable green practices. Launching the guide Tuesday, Senior Minister of State for National Development Grace Fu says...
General
The Urban Redevelopment Authority has launched an industrial site at Ubi Road 1 for sale by public tender. The land parcel has a 60-year lease period and a site area of about 3.5 hectares. The site has a maximum permissible gross plot ratio of 2.5 and can be developed for various uses such as clean and light industries. These industries include those related to computer software development, publishing,...
ASIAN investors, including those from Singapore, attracted by a weak pound and rising rents, made up almost half of all buyers in the London residential property market in the past year, according to research by Knight Frank. Investors from China, Hong Kong, Singapore and Malaysia accounted for 28 per cent of London home purchases in the year to March, the London- based broker said in an e-mailed...
The underpass connecting ION Orchard and Tangs Plaza is set to get a facelift. A spokesperson from ION Orchard said the pedestrian passageway will be widened to double the existing width, and there will be shops on both sides of the underpass. According to the CEO of Orchard Turn Developments, Soon Su Lin, there will be a facelift which will be similar to the underpass connecting Orchard ION and Wheelock...
Pender Court, a 48-unit development at the foot of Mount Faber, has become the eighth successful en bloc sale in Singapore this year. The property was sold to Hoi Hup Realty for S$95 million. That translates to about $1,007 per square foot per plot ratio. Credo Real Estate launched a tender for the site that closed in May. The collective sale is subject to approval from the Strata Titles Board. With...
A Symbol of Unmistakable Prestige Nestled in the prestigious District 10 enclave. Stevens Suites is an exquisite sanctuary designed with only the truly privileged in mind. Located amidst the tranquil good class bungalow neighbourhood of tree-lined avenues and lush surroundings, this luxurious boutique development with an exclusive 32 freehold units in a resort-style setting, bears the hallmarks of...
A hotel site in Clemenceau Avenue and Havelock Road will be put up for sale in two weeks. The Urban Redevelopment Authority (URA) said the 99-year leasehold site can generate a maximum gross floor area of 11,555 square metres. The Reserve List site spans 0.55 hectares and a developer will be able to build a hotel development of not more than seven storeys on the plot. URA said a developer has committed...
A survey has ranked Singapore as the ninth most expensive location in Asia to live in. According to human resources consultant ECA international, Singapore's currency has been strong relative to other major currencies in the region. Furthermore, it said prices of goods and services commonly purchased by expatriates have risen at much faster rates here than in other developed locations. Globally,...
The Housing and Development Board (HDB) will have a new CEO in August. She's Cheong Koon Hean, currently the CEO of the Urban Redevelopment Authority. Mrs Cheong will relinquish her current appointment but continue as Deputy Secretary (Special Duties) at the Ministry of National Development (MND) with the responsibility of overseeing land reclamation issues. Current HDB CEO, Tay Kim Poh, will be...
Landed homes in Opera Estate have increasingly breached the $1,000 psf level this year. Of the 16 transactions worth more than $1,000 psf from May 1997 to May 2010, half were carried out this year, according to caveats lodged with URA Realis. The peak of $1,301 psf was hit when a terraced house at Taman Siglap Road was sold for $2.1 million in February. Opera Estate is located near the Bedok MRT station...