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Govt to launch more residential sites in Feb-April

The government will release five residential sites for sale by public tender between this month and April under the Government Land Sales (GLS) programme for the first half of the year. The Urban Redevelopment Authority (URA) said that apart from the five confirmed residential sites, another 18 residential sites are on the reserve list. It added that the land from the confirmed and reserve lists are...

URA launches residential site in Tampines public tender

The Urban Redevelopment Authority (URA) has launched a residential site at Tampines Avenue 1/Avenue 10 for sale by public tender. The land parcel is the fourth residential site to be launched for sale under the confirmed list of the Government Land Sales (GLS) Programme for the first half of this year. With a site area of about 3.2 hectares, the site will have a maximum permissible gross floor area of...

Singapore property tycoon Ng Teng Fong dies

Singapore billionaire property tycoon and Far East Organization chairman Ng Teng Fong, 82, died on Tuesday morning. Far East Organization said in a statement that Mr Ng suffered brain haemorrhage on January 23. He was taken to hospital where he underwent an operation. Mr Ng was ranked Singapore's richest man by Forbes magazine last year. His family's net worth was estimated at US$8 billion in 2009. He...

Developers brimming with new launches

Far East said to be top seller in January; Lippo and MCL may release some units EVEN as developers have gotten off to a good start this year, selling well over 1,000 private homes in January, their launch machinery remains well oiled for more roll-outs in the near future. Lippo Group is expected to preview Centennia Suites on the former Kim Seng Plaza site, diagonally opposite Great World City, later...

Committee proposes new waterfront city, nuclear energy

The Economic Strategies Committee (ESC) on Monday gave extensive recommendations to ensure energy sustainability and the full optimisation of Singapore's land space, given the island-state's limited resources. Among the plans is a new waterfront city at Tanjong Pagar, currently a port area comprising Keppel and Pulau Brani. The current port lease in the area expires in 2027. The land area is similar in...

Treasure On Balmoral

As the most luxurious development in the centre of District 10, Treasure on Balmoral is the development that furnishes a unique city living within the residential established environs of Balmoral Road. With only 48 units for the whole development, Treasure on Balmoral offers privacy and an exclusive living experience within this sought after address. The unique development comprises of two blocks of three...

Skysuite @ Anson

Location: 8 Enggor Street (District 2) Tenure: 99 years leasehold Year of Completion: 2014 Total Units: 356 Unit Types: 1 bedroom ~ 398, 365, 505 sqft 2 bedroom ~ 699, 667 sqft 3 bedroom ~ 1011, 957 sqft Penthouse ~ 1140, 1065, 1001 sqft Contact us at [email protected] with the following for more information: Skysuite Anson / name / contact # / unit type...

CapitaRetail China Trust to pay DPU of 8.14 cents for 2009

CapitaRetail China Trust will pay 8.14 cents per unit for the full year 2009, up 8.1 per cent from a year ago. Its distributable income for the year rose 11.6 per cent on-year to S$51.2 million, while net property income went up 5.4 per cent. Chinese consumers continued to spend through the global recession last year, and that helped sales of consumer goods in China, excluding cars, to grow about 14 per...

PRs may be subjected to ethnic integration policy in buying flats

Singapore's housing authority said Permanent Residents may soon be subjected to a similar ethnic integration policy already imposed on citizens who buy public flats. Observers say the move is reflective of Singapore's changing demographics, where about a third of the population are foreigners. But there's already a racial quota for PRs in the purchase of public housing. A shopping centre in Boon Lay in...

Singapore regains top spot of most globalised economy in 2009

Singapore has regained its ranking as the most globalised economy in 2009, beating economic giants such as the United States, China and Japan. This is based on the latest Globalisation Index, compiled by Ernst & Young and the Economist Intelligence Unit. The study covered 60 of the world's largest countries and had polled 520 senior business executives, with in-depth interviews conducted with 30...

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