Averic sets out to challenge biggest player in the foreign worker segment TRUST a few good businessmen to sniff out money-spinning opportunities. On the one hand there is Singapore's heavy reliance on foreign workers, and then there is the reluctance of part of the population to share their living environment, as seen with the recent furore in Serangoon Garden estate. But for some this is not so much a...
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Location: 532 Joo Chiat Road (District 15) Tenure: Freehold Year of Completion: 2012 Site Area: 58,750 sqft Description: 20 storey in one tower block Total Units: 94 Unit Types: 3 bedrooms ~ 1314 - 1398 sqft 4 bedrooms ~ 1625 - 1647 sqft 3+1 penthouse ~ 2347 sqft 4+1 penthouse ~ 3004 sqft Facilities: Basement Carpark (103 lots), Landscape Deck, Sky Terrace, Children Play Area, Lap Pools, Social Pool,...
Property developers pull out all stops to boost sales CHINA'S property market is facing a downturn. This has prompted some Chinese developers to resort to publicity stunts and even gimmicks to revive interest among prospective buyers. Following a slowdown in June, the property market in China is expected to remain sluggish in the last quarter of this year. In its report, Singapore's DBS Group Research...
The Urban Redevelopment Authority (URA) has closed the public tender for an industrial site at Ubi Avenue 4. The URA had received a successful application for the site to be put up for sale in August and it was launched for public tender on Sept 3. It has a site area of 11,491.5 square metres and a maximum permissible gross plot ratio of 2.5. The site was offered for sale on a 60-year lease and received...
Located at Devonshire Road, The Suites at Central comprises an exquisite collection of 157 freehold condominium units. Sitting on an 80,000-sf site, the development is conveniently located within walking distance to the Somerset MRT station and the Orchard Road shopping belt, enjoying a rare combination of exclusivity and accessibility. The 33-storey twin tower condominium development with modern...
A SPIKE in the three-month Singapore interbank offered rate (Sibor) may spell higher housing loan rates for some, but mortgage experts say there is no cause for worry given the low base enjoyed by home owners for the past few months. The benchmark Sibor, the rate at which banks lend to each other, for three months fell as low as 1 per cent in August. Amid recent financial turbulence, it soared from 1.76...
Quietly sited at the highest point in Newton, where urban diversity meets nature's tranquility, Trilight offers a limited collection of luxury residences representing a unique take on contemporary design. Within minutes from the bustling city center, the lush landscape design creates a sanctuary nestled within a man-made forest of trees, providing residents with a sense of peace and calm. The facade of...
FOR those waiting to snap up a public flat in the iconic 50-storey integrated housing development, the good news: Some 428 four- and five-room units at The Pinnacle@Duxton are among 992 available under the Housing and Development Board’s (HDB) latest balloting exercise launched on Friday. The much-hyped flats in the Cantonment Road area are among some of the most expensive new units — with a...
With initial progress underway at the China-Singapore Tianjin Eco-City project, Singapore Senior Minister Goh Chok Tong says what needs to be done is for policy measures to be either tweaked or put in place. While saying that Singapore had chosen the right site for the bilateral flagship project, Mr Goh acknowledged that the challenge right now lies in attracting investors. Mr Goh said his visit to the...
FOR those waiting to snap up a public flat in the iconic 50-storey integrated housing development, the good news: Some 428 four- and five-room units at The Pinnacle@Duxton are among 992 available under the Housing and Development Board's (HDB) latest balloting exercise launched on Friday. The much-hyped flats in the Cantonment Road area are among some of the most expensive new units with a four-room...