It will be a 'seed' building to testbed and showcase innovative green solutions The first building at Singapore's CleanTech Park is expected to be up by end 2011 at a cost of $90 million, JTC Corporation said yesterday. With a gross floor area of 403,646 square feet, CleanTech One is expected to house about 40 green tenants, such as cleantech companies' headquarters, firms financing cleantech activities,...
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Phase two project studies over; Pulau Sebarok likely site SIGNALLING practically a go-ahead for offshore oil/petrochemicals storage here, JTC Corporation said it is now progressing to prepare construction tenders for the very large floating structures (VLFS), following its completion this month of phase two project studies. 'Moving forward, JTC is targeting to call a tender for the technical consultant...
Location: Poh Huat Road West/Yio Chu Kang Road (District 19) Tenure: Freehold Year of Completion: 2013 Total Units: 103 Unit Types: 1 bedroom ~ 527 to 874 sqft (13 units) 2 bedroom ~ 884 to 1,144 sqft (8 units) 3 bedroom ~ 1,020 to 1,661 sqft (48 units) 4 bedroom ~ 1,515 to 3,087 sqft (16 units) Penthouse ~ 1,490 to 3,237 sqft (18 units) Contact us at [email protected] with the...
The two latest Build-To-Order (BTO) projects in Sengkang and Sembawang are receiving strong interest. The bigger flats offered under the two projects are more popular than the smaller units. Some 1,260 applications have been received so far for the 5-room units in the Fernvale Ridge BTO in Sengkang, 10 times the number of such units on offer. They are being sold at between S$281,000 and S$352,000. The...
Singapore's first eco-business park will have a new S$90 million building called CleanTech One. The building is the first structure for the CleanTech Park, and is due to be completed in December next year. JTC Corporation, the industrial landlord, announced this at a news conference on Monday. The two towers of the building have been designed with green sustainable features, including sky trellises that...
CapitaLand's wholly-owned serviced residence business unit, The Ascott said it has been awarded a contract to manage a serviced residence in Danang, Vietnam's fourth largest city. The contract was awarded by the Korea Investment and Development Company, a real-estate consortium that specialises in commercial and residential developments across major cities in Vietnam. The serviced residence will be named...
Mainboard-listed CapitaMall Trust (CMT) said it has established a Euro-Medium Term Note Programme worth US$2 billion. Net proceeds from the issuance will be used to refinance existing borrowings, to fund investments and for general working capital. CMT said the Note Programme is in line with its strategy of increasing financial flexibility by diversifying sources of funding and extending debt...
Mapletree Investments has acquired an industrial property IXINAL Monzen-Nakacho Building in Tokyo from Itochu Corp, Japan. The property is a five-storey light industrial building that is home to a corporate headquarters, information systems development and operations cum data centre. Mapletree did not disclose the amount it paid for the building. Completed in September 2009, this freehold property is...
MORE public buildings and land will be released by the Government for up to three more foreign schools to meet the schooling needs of the growing expatriate community. At full capacity, the three schools can take in between 4,500 and 7,500 students. Currently, there are 94,000 international students enrolled in government and private schools here. The new foreign schools can occupy the former Chong Boon...
LAST Thursday's report, 'New monthly index of private home prices', is constructive for the long-term development of the local property market. It provides for greater price transparency which allows the market and regulators to work more efficiently. In cases where different statistics indicate conflicting states of the property market, the new index can also act as a principal gauge against which these...