General

An eight-storey light industrial development located at 10 Jalan Kilang - off Jalan Bukit Merah - has been launched for sale via an expression of interest (EOI) exercise which is slated to close on 5 April 2019. 10 Jalan Kilang is an eight-storey light industrial development with a roof terrace and a basement carpark, offering a total gross floor area of approximately 59,236 square feet. The development...

JTC on Monday said it has accepted an application to put up an industrial site in Gambas Way (Plot 2) for sale by public tender. The land parcel is on the reserve list under the first half 2019 Industrial Government Land Sales (IGLS) Programme. A site on the reserve list is triggered for launch if a developer's indicated minimum price in its application is acceptable to the government. This is as...

More first-timer singles have been able to buy a new 2-room Flexi flat since the July 2013 Build-to-Order (BTO) exercise, the Housing Development Board (HDB) said in a statement on Sunday (Mar 3). As part of the Government's efforts to provide more housing options for single citizens, first-timers aged 35 and above have been able to buy a new 2-room Flexi flat in non-mature estates. About 14,500...

URA has launched a public tender for a 99-year residential site at Clementi Avenue 1, under the Confirmed List of the first half 2019 Government Land Sales (H1 2019 GLS) Programme. The site has a permissible gross floor area (GFA) of 57,900 square metres (sq m) on 16,542.7 sq m of land, which works out to a gross plot ratio of about 3.5 times. The maximum building height is 140m, and the project...

A pair of freehold two-storey conservation shophouses at 69 and 71 Kampong Bahru Road is up for sale. The shophouses, which come with attics, occupy a land area of 2,343 square feet and have an estimated gross floor area of 5,947 sq ft. It is zoned "commercial" under the Urban Redevelopment Authority's 2014 Master Plan, which means foreigners are eligible to buy the property. In addition, there is...

Developers reported that they sold 602 private housing units in December - but the figure has turned out to be distorted because options for two-thirds of them were not exercised by the expiry date. Lapsed options or "returned units" may be gaining pace following the July cooling measures and new launches begin to pile up, some market players say. Typically, the holder of an option-to-purchase (OTP)...

Co-living company Hmlet is entering the Australian market. In March, Hmlet will make its debut in Sydney, with the launch of two co-living properties in the inner-city suburbs of Newtown and Marrickville. Plans are underway to expand to Melbourne and Brisbane. Hmlet @ Newtown, which is among the first purpose-built co-living properties in Australia, will accommodate 20 members and will feature a...

Kentish Green at 20 Oxford Road has been put up for collective sale with a S$200 million reserve price. Its owners had previously asked for at least S$230 million for the site. Similarly, owners of St Thomas Ville, located along 38 St Thomas Walk, are again eyeing at least S$58 million for the District 9 property. The 23-unit freehold property was up for sale in August 2018, but the tender was called...

LL has just launched a tender for a commercial site in Little India where a conserved two-storey bungalow, known as the former House of Tan Teng Niah, currently stands. Situated at the fringe of the Central Business District and directly across from Tekka Market, the subject property is part of the core Little India Conservation Area and is conveniently located less than 100 meters from the Little India...

JTC has launched a tender for a site at Tampines North Drive 3 (Plot 2) under the first half of the 2019 Industrial Government Land Sales Programme (IGLS) Programme, it said on Tuesday. The land parcel spans 0.48 hectares and has a gross plot ratio of 2.5 and a tenure of 20 years. It is zoned B2, which means the site may be used by heavy industries that have a greater environmental impact. As the...