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Singapore CBD to see identity shift

National Development Minister Lawrence Wong says Draft Master Plan 2019 will help in the long-term rejuvenation of the City Centre State planners unveiled a scheme on Wednesday to try to make "work- live-and-play" more of a norm throughout the currently office-dominated Central Business District (CBD), which is likely to get developers crunching their numbers for possible redevelopment. Minister for...

Golden Mile Complex up for second en bloc bid at S$800 million

The iconic Golden Mile Complex has been put up for collective sale for a second time. The reserve price for the property is S$800 million, said marketing agent Edmund Tie & Company on Wednesday (Mar 27). This is unchanged from the previous tender which closed on Jan 30 without any buyers. Completed in 1973, the signature step-terraced building located along Beach Road and Nicoll Highway is deemed to...

D’Grove Villas at Orange Grove Rd up for collective sale

Centaline Singapore has today announced the launch for collective sale by tender of D’Grove Villas, a freehold high-rise residential redevelopment site strategically located within Singapore’s prime District 10 in the upscale Ardmore precinct. Located at 8A Orange Grove road, D’Grove Villas is a rare and exclusive 24-year-old development with an estimated site area of 50,400 sq ft. The development...

Familiar places made new, greener under URA’s Draft Master Plan

Places that Singaporeans find familiar such as Orchard Road, mature towns and major recreational corridors will be rejuvenated, said the Urban Redevelopment Authority (URA) on Wednesday (Mar 27). The areas to be rejuvenated include mature towns such as Farrer Park and Dakota Crescent, and recreational corridors like the Civic District and the Rail Corridor, according to URA's Draft Master Plan...

URA Draft Master Plan: How it may affect the way you live, play and move about in Singapore

The Urban Redevelopment Authority (URA) launched its Draft Master Plan - a blueprint that charts out the Government’s plans for land use over the next 10 to 15 years - on Wednesday (Mar 27). Here are the key points in the plan which could affect how and where you live, play and move about in Singapore. NEW HOUSING More homes will be built in the central business district (CBD) and Marina Bay...

Incentive scheme launched to encourage mixed-use developments in CBD

An incentive scheme will be rolled out to encourage building owners to convert existing office developments in the Central Business District (CBD) to mixed-use developments as part of plans to rejuvenate the city centre. Announcing the CBD Incentive Scheme at the URA Draft Master Plan 2019 exhibition launch on Wednesday, National Development Minister Lawrence Wong said he wants to introduce a broader...

URA Draft Master Plan 2019: Renewal for Bayshore, Dakota Crescent, Farrer Park; Farrer Park to retain heritage

As part of plans to rejuvenate existing areas, new housing and amenities will be added in areas such as Bayshore, Dakota Crescent and Farrer Park. “Future public housing at Dakota Crescent will be planned to take into consideration the six retained Singapore Improvement Trust blocks nearby and the courtyard space, with ideas from heritage groups, former residents and community leaders woven into the...

URA Draft Master Plan: Going underground to free up space on the surface

The Urban Redevelopment Authority (URA) is using special 3D technology to study the underground as a strategic resource, it said on Wednesday (Mar 27) at the launch of its Draft Master Plan 2019. The Master Plan is a blueprint that guides Singapore's development over the next 10 to 15 years and is reviewed every five years. URA said it has rolled out 3D underground maps for Marina Bay, Jurong...

Singapore estate agents group plans to buy 51% stake in online property platform SoReal Prop

Singapore Estate Agents Association (SEAA), a grouping of real estate players, announced on Tuesday a proposed acquisition of a 51 per cent stake in online property platform SoReal Prop, which is jointly founded by ERA Realty, Huttons Asia and PropNex Realty. The association said that the acquisition is a “timely” one that would help strengthen the capabilities of its nearly 4,700 real estate...

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