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Holland 100 @ Holland Road

Location: 94 - 102 Holland Road (District 10) Tenure: Freehold Year of Completion: 2011 Site Area: 23,041 sqft Total Units: 21 (1 block, 5 storeys) Unit Types: 1 bedroom ~ 969 sqft (02 units) 1+study ~ 850 to 1,023 sqft (04 units) 3 bedroom ~ 1,539 to 2,594 sqft (10 units) 2 + study penthse ~ 2,476 sqft (01 unit) 3 bedroom penthse ~ 3,423 sqft (01 unit) 4 bedroom penthse ~ 4,446 to 4,499 sqft (03...

Far East Organization launches scheme to help new retailers

Property developer Far East Organization has launched a scheme to encourage start-ups at its shopping malls. Instead of paying rent, these tenants can issue preference shares to the developer for up to three years. Tenants at six Far East Organization malls – including the new Orchard Central – can now pay rent in shares, instead of cash. The other participating malls are Central, Far East Square,...

Tender for collective sale of Dragon Mansion launched

The tender for the collective sale of Dragon Mansion has been launched, the first such sale this year. The property is located at 18 Spottiswoode Park Road. In a statement, CKS Property Consultants said it has obtained consent from more than 80 per cent of the owners to proceed with the sale. The collective sale is expected to achieve in excess of S$120 million or S$1,020 per square foot per plot ratio....

Resorts World at Sentosa to stage first event in December

The integrated resort at Sentosa is expected to open early next year, but it is already planning to stage its first event ahead of the soft launch. Resorts World at Sentosa has teamed up with children's charity ChildAid to host its fifth concert at the Festive Grand Theatre in December. Organisers have yet to confirm the budget for the three-day event, but the IR has already pledged to donate some...

URA launch Kaki Bukit industrial site for sale by public tender

The government has launched an industrial site at Kaki Bukit Road for sale by public tender. The land parcel was made available for sale through the reserve list system. URA said it has received an application from a developer who has committed to bid at least S$5 million for the site. The land parcel has a site area of about 1.07 hectare and a maximum gross plot ratio of 1 with a lease period of 30...

HDB flat prices likely to rise if selected for lift upgrading

Property agents said on Tuesday that flat prices in opposition-held wards, Hougang and Potong Pasir, are likely to rise if they are selected for lift upgrading. This is after the government announced on Monday that the two are among the 65 precincts in Singapore that are eligible for the popular improvement programme this financial year. Selected precincts will be announced in two to three months. Once...

Strong growth suggests Singapore emerging from recession

Singapore said Tuesday its economy grew for the first time in a year in the second quarter, led by biomedicals and electronics, suggesting the city was emerging from its worst ever recession. The economy soared 20.4 per cent in the three months to June compared with the first quarter on a seasonally adjusted annualised basis, the Ministry of Trade and Industry said, while raising its forecast for 2009. A...

Office space for rent : Katong Shopping Centre

Address: 865 Mountbatten Road Singapore 437844 Location: In the East Coast vicinity, in the prime residential estate of Katong. Easily accessible via ECP, about 10 minutes drive to city via ECP and public transport Description: 7-storey building with 4 levels of retail space Neat and clean office lift lobby Upgraded common corridors Please contact leasing officer at [email protected] or +65 9273 4834...

A whiff of growth after four quarters of contraction

Q2 flash estimates today may finally buck the trend in on-quarter terms After months in the red, economies across Asia are expected to report positive GDP numbers for the April-June quarter, starting with Singapore today. Singapore's Ministry of Trade and Industry is due to release early this morning flash estimates of the economy's Q2 gross domestic product (GDP) growth, which economists widely expect...

About 65% of condo units at The Gale sold at preview

About 65 per cent or 215 units of The Gale condominium development in Loyang were sold at a preview that started last Friday. The units were sold at an average price of S$650 to S$700 per square foot. Due to the strong demand, Hong Leong Holdings had decided to release more than the 80 units originally slated for release. The official launch of The Gale will be held this Saturday, July 18. Hong Leong...

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