Orchard Central, one of Singapore's newest malls along Orchard Road, is having some issues with its tenants. Just four months after its opening, some tenants are complaining about slow traffic at the mall. Besides having Singapore's first indoor rock-climbing wall, the 12-storey mall has billed itself as a one-stop shopping destination for the modern individual, with its range of retail and F&B...
General
From a just a small family business with less than 10 workers in 1993 to the property developer that will soon be listed on the Catalist board, Goodland Group is the quintessential entrepreneur story. Started in 1993 as a construction business, Goodland is no stranger to civil engineering projects such as the wave wall construction at MacRitchie Reservoir and the development of Turf City. However, seeing...
Property developers in Singapore are calling for the government to release more land sites in less central areas so that they can build more affordable mass market homes. On the sidelines of a lunch hosted by the Real Estate Developers' Association of Singapore (REDAS) on Friday, industry players said demand for private homes will continue to rise and push up prices. It said most of the recent...
Property developer Keppel Land said on Friday that it is issuing some 8.7 million new shares, following its offer to delist its subsidiary, Evergro Properties. The shares will be listed with effect from Monday, October 5. Following the issue of the new shares, Keppel Land will have some 1.4 billion shares in float. This means the new shares account for about 0.6 per cent of the total shares. Under the...
Singapore hopes to ride the wave of growth in the cruise industry with a new International Cruise Terminal which broke ground on Friday. The facility at Marina South, costing S$500 million, comes as global demand for the cruise market is estimated to hit 27 million passengers by 2020 - a two-fold growth within a decade. The cruise industry is still sailing smoothly despite the economic downturn. Global...
In the latest caveats for the week of Aug 28 to Sept 4, there were four transactions for apartments in the $7 million range, mainly for existing freehold projects in the luxury prime districts of 9 and 10. One is a 3,477 sq ft second-floor unit at the 32-year-old Nassim Mansion, a luxury freehold 72-unit development on Nassim Hill in a neighbourhood of Good Class Bungalows. It was sold for $7.5 million...
Location : Jln Lim Tai See (District 10) Tenure : Freehold Year of Completion : 2014 Site Area : approx 60,397sqft Total Units : 39 Unit Types : 28 units of 3+attic Semi Detached Houses 10 units of 2+attic Semi Detached Houses 1 unit of 2+attic Bungalow Email [email protected] with the following for more info: EstriVillas / Name / Contact # / Unit Type...
One of Singapore's most popular parks is about to blossom - with a river promenade, cafes, themed playgrounds and diverse wildlife to give it vibrancy. This will be the new face of Bishan Park after the 35-metre wide canal beside it is transformed into a river that meanders through the park - the first time a canal will be naturalised and integrated into a park in Singapore. When completed in 2011, it...
Blocks 101 to 109 in Potong Pasir Avenue 1 will be the first in an opposition ward to undergo lift upgrading, according to People's Action Party (PAP) adviser to Potong Pasir, Sitoh Yih Pin, in a news release on Friday evening. In July, the government announced that some blocks in opposition-held Potong Pasir and Hougang will come under the Lift Upgrading Programme (LUP). The plan is to have all eligible...
Singapore private property prices in the third quarter saw the steepest quarter-on-quarter increase since 1981. The Urban Redevelopment Authority's (URA) flash estimates showed private home prices rose 15.9 per cent in the third quarter - a sharp turnaround from the 4.7 per cent fall in the second quarter, and snapping four straight quarters of decline. Overall, prices are back to where they were at the...