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MND gives go ahead for workers’ dormitory at Serangoon Gardens

The Ministry of National Development (MND) has decided to proceed with a dormitory development at the former school site at Serangoon Gardens for manufacturing and services workers. The capacity will be capped at 600 for a start. MND will consider increasing to a maximum of 1,000 in future if there's a need and after further consultations. It adds that various measures to address residents' concerns...

Dormitory decision upsets some Serangoon Gardens residents

Despite the various mitigating measures being proposed, some residents in Serangoon Gardens did not take too well to news that a foreign workers' dormitory is going to be set up in the area. The dormitory will be at the former Serangoon Garden Technical School school site, just right across the road from the residents. There is going to be additional fencing to keep workers in as well as planters to...

Six historic bridges in Singapore gazetted for conservation

For the first time, heritage structures such as bridges and towers will be included under a national programme to conserve Singapore's architectural heritage, and Anderson Bridge is one of six bridges named for conservation in 2008. The others are the Elgin Bridge at Boat Quay, the Cavenagh Bridge just outside Fullerton Hotel, the Ord, Read and Crawford Bridges. At the 2008 URA Architectural Heritage...

Now, trough ahead

After 4-1/2 years, prices dip 1.8%; turmoil may force owners’ hands THE tide has finally turned, in one analyst’s words. After more than four years, or17 consecutive quarters, of growth since early 2004, the prices of private homes posted their first decline of 1.8 per cent. And coming as this does amid a period of global financial turmoil, the flash figures herald challenging times ahead for home...

Offices empty

Demand for high-end units eases, agents say rents likely to fall WITH banks around the world falling like nine pins, it’s not surprising that demand for top-quality Singapore office space is easing off. The estate agents are agreed: Rents have already peaked, and occupancy levels are falling - with rents likely to follow. According to a report by property firm CB Richard Ellis yesterday, Grade A rents...

$10m contract to build zero-energy building

THE $10.47-million contract for Singapore’s first zero-energy building has been awarded to local firm ACP Construction. Work to retrofit an existing building at the BCA Academy along Braddell Road starts this month and should be completed by next year. As announced earlier, everything in the building, from the lights and air-conditioning, to the water in the toilets, will be sourced from renewable...

More carrots needed, says expert panel

Govt could do more by taking the lead in procurement of green and energy efficient components IN JAPAN, banks offer preferential loan rates to building owners who aim for higher green ratings. In Germany, the government offers subsidies to residential owners to go green. Offering such incentives is just one of the suggestions from the International Panel of Experts (IPE) for Sustainability of the Built...

URA expects Q3 private home prices to fall 1.8%

Private home prices in Singapore fell by 1.8 per cent in the third quarter, according to flash estimates released on Thursday by the Urban Redevelopment Authority. This is the first time the index of private residential properties has dipped in four years to 174.3 points in the third quarter, compared to second quarter's price index of 177.5 points, which was a 0.2 per cent increase over the previous...

8 Lynwood Grove

Location: 8 Lynwood Grove (District 13) Tenure: Freehold Year Completion: 2012 Total Units: 10 Unit Types: 3 Storey Cluster Houses with Private Jacuzzi, pool plus Cuscading Pool. Unit Sizes: from 5100 – 6200 sqft Contact us at [email protected] with the following for more information: 8 Lynwood Grove / Name / Contact...

Q3 prices of resale flats up 4.2%; that of private property down 1.8%

Prices of resale flats rose a preliminary 4.2 per cent in the third quarter of this year. HDB said on Thursday that the figure is just slightly lower than the 4.5 per cent increase in the second quarter. For the year-to-date, prices of resale flats have risen almost 13 per cent. HDB said it has to date launched about 5,000 of the planned supply of 8,400 Build-To-Order (BTO) flats for 2008. Subject to...

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